Lepidico Limited (AU:LPD) has released an update.
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Lepidico Limited, an innovative lithium company, is approaching the final stages of funding its sub US$50 million lithium mine and concentrator project in Namibia, also seeking strategic partners for its global development projects. The company is close to finishing the Cornish Lithium concentrator and conversion facility, and is actively working on securing off-take agreements and further refining its chemical products. Despite austerity measures affecting its cash flow, including placing one of its camps on care and maintenance, Lepidico maintains a focus on sustainable critical mineral production and international collaborations.
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