CO2 Energy Transition Corp. (Nasdaq: NOEM) Signs Letter of Intent with Texas-Based Energy Company to Advance Domestic Lithium Recovery and Strontium Ferrite Production for Defense Applications

CO2 Energy Transition Corp. signed a non-binding Letter of Intent with a Texas-based oil and gas operator to recover lithium and strontium from subsurface brines. The proposed business combination aims to leverage existing oilfield infrastructure for a three-prong revenue model targeting domestic critical mineral production for defense applications.

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