The agreement seeks to advance energy transition in mining through joint work on simulations and lithium battery testing.
The company has installed a TESCAN TIMA automated mineralogy analyser at its research facility.
Under the proposed scheme, Hammer Metals shareholders will receive one Larvotto share for every 22 Hammer shares they own.
The programme consists of up to eight drill-holes totalling 4,000m across five drill pad sites.
The agreement was signed in Neyveli to support the Indian Government’s National Critical Mineral Mission.
The companies plan to jointly develop technologies aimed at advancing automation in conveyor operations.
