Worldwide Diversified Holdings, Inc. Acquires Control of American Lithium Minerals, Inc. to Launch Global Mineral and Rare Earth Initiative

fidelity
2025.11.21 13:10
portai
I'm PortAI, I can summarize articles.

Worldwide Diversified Holdings, Inc. has acquired control of American Lithium Minerals, Inc. to launch a global mineral and rare earth initiative. This strategic acquisition aims to lead rare earth mineral development, starting with a 1,730-acre lithium and boron site in Nevada. The initiative focuses on diversifying mineral resources across North America, Australia, Canada, and Europe, aligning with U.S. and Australian investments in mineral development. AMLM plans to reposition as a Nasdaq-listed commodity acquisition vehicle, integrating asset-backed tokenization for commodities like gold, lithium, and rare earth elements.