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Green Technology Metals Limited ( (AU:GT1) ) has issued an update.
Green Technology Metals Limited has successfully completed lithium hydroxide conversion piloting testwork for its Seymour lithium project in Ontario, Canada, in partnership with EcoPro Innovation. The pilot program confirmed the production of high-quality battery-grade lithium hydroxide with exceptional recoveries, indicating a promising future for the company’s operations and its strategic positioning in the North American EV market. This development enhances GT1’s competitive advantage by demonstrating its ability to efficiently convert mine concentrates into battery-grade materials, which is crucial for securing future offtake agreements and expanding its market presence.
The most recent analyst rating on (AU:GT1) stock is a Buy with a A$0.20 price target. To see the full list of analyst forecasts on Green Technology Metals Limited stock, see the AU:GT1 Stock Forecast page.
More about Green Technology Metals Limited
Green Technology Metals Limited is a Canadian-focused multi-asset lithium business. The company is engaged in the development of a vertically integrated lithium operation in Ontario, Canada, with a focus on producing battery-grade lithium hydroxide.
Average Trading Volume: 984,157
Technical Sentiment Signal: Sell
Current Market Cap: A$15.21M
See more insights into GT1 stock on TipRanks’ Stock Analysis page.