Australia’s Hawkstone Mining has pulled out of its proposed acquisition of USA Lithium - owner of Arizona's Big Sandy lithium clay project and the Lordsburg lithium brine project in New Mexico. Hawkstone, which had signed an acquisition agreement in last month but wanted to de-risk the transaction, said the two parties weren't able to reach a final agreement.
Australia’s Hawkstone Mining has pulled out of its proposed acquisition of USA Lithium - owner of Arizona's Big Sandy lithium clay project and the Lordsburg lithium brine project in New Mexico. Hawkstone, which had signed an acquisition agreement in March but wanted to de-risk the transaction, said the two parties weren't able to reach a final agreement.