Ustar Lithium: Terminate $20 million investment in Green Amex Indonesia project for capital increase and expansion.
The announcement from Blue Lithium states that on October 13, 2025, the company had agreed to contribute $20 million to increase the capital of the target company, resulting in a 5.95% equity stake. However, due to changes in both internal and external conditions, Green Lithium, in conjunction with the parties involved in the project, decided to terminate the capital increase and share expansion. On February 11, 2026, the board of directors agreed to terminate the equity participation and signed a termination agreement. The termination of this transaction will not have a significant impact on the company's operations, the strategic partnership remains intact, there is no breach of contract, and it will not harm the interests of the company and its shareholders.
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