Lithium Corporation (LTUM)
OTCQB OTCQB Primary Summary
Century Lithium updates on rare earth potential at Angel Island
Century Lithium Corp. (TSX-V:LCE, OTCQX:CYDVF) said Thursday its testing at the 100%-owned Angel Island Lithium Project in Nevada has revealed potentially significant levels of rare earth elements (REEs) that could become a strategically important by-product alongside lithium production. Using a patent-pending chloride-based process combined with targeted ion-exchange, Century Lithium reported high recoveries of REEs from a 500-tonne bulk sample of claystone from the project.
Ghana temporarily pauses approval of Atlantic Lithium's Ewoyaa mining lease
Atlantic Lithium Ltd (AIM:ALL, ASX:A11, OTCID:ALLIF) says Ghana's parliament has temporarily put a hold on the approval process for a mining lease for its Ewoyaa project to allow more consultation on the country's mining code and how royalties are applied. The company, which wants to develop Ghana's first lithium mine, said the pause relates to a wider review rather than any project-specific issue.
Sigma Lithium: Fear Created Deep Value In A Low-Cost Producer
Sigma Lithium (SGML) is positioned for a turnaround as lithium market fundamentals improve, with spodumene prices up 38% YTD and supply discipline returning. SGML's fragile liquidity, negative cash flow, and past operational missteps have driven underperformance, but upcoming BNDES funding and production ramp-up could resolve balance sheet risks. SGML is undervalued versus peers.
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Lithium Corporation Profile
| Metals & Mining Industry | Materials Sector | Mr. Thomas Lewis CEO | OTCQB Exchange | US5368041076 ISIN |
| US Country | - Employees | - Last Dividend | - Last Split | - IPO Date |
Overview
Lithium Corporation is an exploration stage mining company focused on the identification, acquisition, and exploration of metal and mineral assets primarily located in Nevada and British Columbia. The company takes a keen interest in exploring a wide range of minerals, including lithium, boron, potassium, graphite, gold, and silver, alongside titanium and rare earth elements. Initially known as Utalk Communications Inc., the organization underwent a rebranding in September 2009 to better reflect its focus and changed its name to Lithium Corporation. Founded in 2007, the company is strategically headquartered in Elko, Nevada, positioning itself in proximity to some of its major exploration sites and projects in the United States.
Products and Services
- Lithium/Boron/Potassium Exploration: Lithium Corporation pursues the identification and exploration of sites rich in lithium, boron, and potassium. These elements are crucial in various industries, including renewable energy (lithium-ion batteries), agriculture (fertilizers), and others, making this exploration aspect critical for the company's growth and relevance in current markets.
- Graphite Exploration: The company also focuses on graphite exploration due to its significant applications in high-temperature lubricants, batteries, and the burgeoning electric vehicle market. Graphite is an essential component of many technologies and the demand is expected to rise as these technologies become more widespread.
- Gold and Silver Exploration: In addition to industrial minerals, Lithium Corporation explores for gold and silver deposits. These precious metals have enduring value and demand in the market, stemming from their use in jewelry, investment, and industrial applications.
- Titanium and Rare Earth Elements Exploration: The exploration for titanium and rare earth elements is part of the company's broader strategy to tap into critical resources needed for advanced technologies, aerospace, and defense industries. Rare earth elements, in particular, are vital for the production of high-strength magnets, batteries, and other technological applications, marking an area of significant potential growth for the company.
Contact Information
