Constellation Acquisition Corp. I agrees to combine with HiTech Minerals to form US Elemental for Nasdaq listing
I'm LongbridgeAI, I can summarize articles.Constellation Acquisition Corp. I has agreed to combine with HiTech Minerals, a subsidiary of Jindalee Lithium, to form U.S. Elemental. The new entity will hold the McDermitt Lithium Project in Oregon and is expected to list on Nasdaq under the ticker ULIT upon completion, with Jindalee retaining a controlling stake.
- U.S. Elemental is being formed through a proposed business combination of HiTech Minerals and Constellation Acquisition Corp. I. * HiTech Minerals is the wholly owned U.S. subsidiary of Jindalee Lithium. * U.S. Elemental’s main asset is the 100%-owned McDermitt Lithium Project in southeastern Oregon, estimated at 21.5 million tons LCE. * The project has an estimated 63-year mine life and is supported by a 2024 prefeasibility study and FAST-41 permitting status. * Upon completion, U.S. Elemental is expected to list on Nasdaq under ticker ULIT, with Jindalee retaining a controlling stake. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Constellation Acquisition Corp. I published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-076810), on July 10, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here