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News 2026-07-06 13:59 UTC

Eni to Buy 25% Stake in EnergyX's Chilean Unit

() -- Eni (ENI.MI) said Monday it will acquire 25% of US startup EnergyX's Chilean subsidiary Black Giant for a total phased investment of $225 million. The Italian energy company will provide technical and operational contributions to Black Giant's lithium production project in northern Chile. It will also secure a se