Q2 production was robust, with iron ore, copper, and bauxite tracking ahead, while key growth projects remain on schedule and within budget. Valuation remains attractive with Rio Tinto trades below the historical EV/EBITDA average. We believe the new CEO, Simon Trott, will pursue his mandate to unlock value through simplification and improved operational efficiency.
Century Lithium Corp. (TSX-V:LCE, OTCQX:CYDVF) announced that Alpha-En Corporation has successfully converted lithium carbonate from the company's Nevada project into battery-grade lithium-metal anodes. The lithium carbonate used in the conversion was produced at Century Lithium's wholly owned Angel Island project in Esmeralda County and processed at the company's Demonstration Plant in Nye County, also in Nevada.
Atlantic Lithium Ltd (AIM:ALL, OTCQX:ALLIF, ASX:A11) says it remains confident it will secure final approval for its Ewoyaa mining lease in Ghana, after the country's Lands Minister confirmed revised terms are being reviewed by Cabinet. Parliamentary ratification is the last step in the permitting process for what would become the country's first lithium mine.
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Other Industrial Metals & Mining Industry | Basic Materials Sector | Mr. Thomas Lewis CEO | OTCQB Exchange | US5368041076 ISIN |
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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.