Lithium Corporation (LTUM)
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Usha Resources Executes Letter of Intent To Sell Up to 90% of the Jackpot Lake Lithium Brine Project for Total Consideration of up to US$26,025,000
VANCOUVER, BC / ACCESSWIRE / May 17, 2024 / Usha Resources Ltd. ("USHA" or the "Company") (TSXV:USHA)(OTCQB:USHAF)(FSE:JO0), a North American lithium exploration company, is pleased to announce that it has entered into a Letter of Intent (the "LOI") with Stardust Power, Inc. ("Stardust Power") dated March 15, 2024 granting Stardust Power the right to earn up to a 90% interest subject to a 2% Net Smelter Royalty ("NSR") in Usha's Jackpot Lake Lithium Brine Project ("Jackpot Lake" or the "Project").
Sigma Lithium sees 1Q marked by strong revenue, reduced costs
Sigma Lithium Corp (TSX-V:SGML, NASDAQ:SGML) reported strong first quarter 2024 results marked by strategic initiatives aimed at expanding production capacity and extending operational life in the lithium market. The company's revenues from volumes of Quintuple Zero High Purity Lithium Concentrate sold in the first quarter reached US$49.1 million, with sales volumes totaling 52,857 tons and production volumes at 54,168 tons.
PetroSun Announces an Increase in Lithium Reserves to $18.9 Billion with Estimated Production beginning in Q2 2025 and a Pilot Program as early as Q4 2024
PHOENIX, AZ / ACCESSWIRE / May 16, 2024 / PetroSun, Inc (OTC PINK:PSUD) (the "Company") announced today an increase in our lithium reserves and anticipated production start date. PetroSun and its technology affiliates are confident in our ability to extract and process lithium from both clay and brine water on a level that is both economically viable in today's market and environmentally friendly.
