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Altius Minerals is transitioning by acquiring Lithium Royalty Corp to expand into battery metals, reducing reliance on traditional base metals. The planned integration, expected to finalize in early March, would mark a significant portfolio expansion.

The renewable energy sector, through the joint venture Great Bay Renewables, is also a focus, with investments in new royalties. The company's project generation segment is valued at approximately $49.3 million. Key decisions regarding the lithium deal will occur on February 26, with detailed annual results due March 10.