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Cosmos Exploration Limited ( (AU:C1X) ) has issued an update.
Cosmos Exploration Limited’s optioned entity, EAU Lithium, has entered into a Sale Agreement with Vulcan Energy Resources to acquire a pilot plant in Germany for testing Bolivian brines. This acquisition marks a significant step in evaluating Direct Lithium Extraction technology, enhancing Cosmos’ strategic exposure to Bolivia’s lithium potential. The agreement is expected to support Bolivia’s sustainable industrialisation of lithium resources, with EAU Lithium emerging as a leader in this initiative.
More about Cosmos Exploration Limited
Cosmos Exploration Limited is an ASX-listed international critical minerals company focused on the responsible development of Bolivia’s high-magnesium lithium brine resources. The company is working with Vulcan Energy Resources to evaluate Adsorption-type Direct Lithium Extraction technology as a sustainable solution for lithium recovery. Cosmos also holds critical minerals exploration projects in Canada and Australia, supporting the global transition to clean energy.
Average Trading Volume: 474,335
Technical Sentiment Signal: Buy
Current Market Cap: A$8.03M
For detailed information about C1X stock, go to TipRanks’ Stock Analysis page.