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Cruz Capital ( (TSE:CRUZ) ) just unveiled an announcement.
Cruz Battery Metals Corp. has announced its plan to acquire the Central Clayton Valley Lithium Brine Project in Nevada, expanding its prospective lithium brine footprint to 820 acres. This strategic acquisition places Cruz amidst significant industry players and is anticipated to benefit from the growing demand for domestic lithium production, driven by geopolitical shifts and increased electric vehicle manufacturing.
More about Cruz Capital
Cruz Battery Metals Corp. operates within the lithium mining industry, focusing on the acquisition and development of lithium brine projects. The company is involved in exploring and expanding its footprint in lithium-rich areas, particularly in Clayton Valley, Nevada, which is a significant hub for lithium production.
YTD Price Performance: 0.0%
Average Trading Volume: 168,690
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$6.72M
For detailed information about CRUZ stock, go to TipRanks’ Stock Analysis page.