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Power Minerals has terminated its joint venture with Navigate Energy Technology for the Rincon lithium project in Argentina, allowing the company to retain full ownership as it seeks new opportunities amid a strengthening lithium market. The firm plans to conduct an engineering study for evaporation ponds to boost production and is in discussions for funding a lithium brine pilot plant, while also preparing to repay Navigate Energy US$1 million. Rincon hosts a JORC resource of 292,564 tonnes of lithium carbonate equivalent, with a preliminary economic assessment projecting annual revenues of US$194.8 million over 14 years.