By: ICN Bureau
Last updated : October 20, 2025 6:33 pm
Aero hosts critical minerals including gallium, caesium and lithium
Battery materials and technology company Talga Group and the Australian subsidiary of Sociedad Química y Minera de Chile S.A., (SQM) have mutually agreed to terminate their Joint Venture (JV) agreement for the 100% Talga-owned Aero Project (Aero) in Sweden.
The decision follows consideration by the parties of a condition precedent not being satisfied in reasonable time by the Swedish Inspectorate for Strategic Products (Foreign Direct Investment Authority).
The agreement’s termination is effective immediately, prior to any formal JV activities, with no liabilities incurred by either party, as outlined in the original JV terms announced last.
Aero hosts critical minerals including gallium, caesium and lithium, initially discovered by Talga in successful surface geochemical sampling programs. The company has completed additional surface sampling during the recent European summer, with results now being finalised.
Talga now intends to advance discussions with multiple parties that expressed interest in Aero, with a view to unlocking new opportunities and value from the Project.