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Altius Minerals is in a crucial transition phase, aiming to acquire Lithium Royalty Corp to expand its portfolio in battery metals, responding to the growing demand for energy transition materials. This acquisition, expected to close in early March, would be one of the largest in the company's history, positioning Altius to benefit from rising demand for electric mobility resources.

The renewable energy sector is also being prioritized, especially through the joint venture Great Bay Renewables, which is investing in new royalties. The project generation segment is valued at $49.3 million. Upcoming key dates include a shareholder vote on the lithium acquisition on February 26 and the release of annual results on March 10.