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An update from Lithium Chile Inc ( (TSE:LITH) ) is now available.
Lithium Chile Inc. and Grupo Errázuriz have jointly applied for a Special Lithium Operation Contract (CEOL) to produce lithium from the Coipasa salt flat in Chile. This initiative aligns with Chile’s National Lithium Strategy to elevate the country’s global lithium market status. The joint venture covers 89.83% of the Coipasa salt flat and aims to extend lithium production beyond the Atacama salt flat, challenging the dominance of established players like SQM and Albemarle.
More about Lithium Chile Inc
Lithium Chile Inc. operates in the lithium industry, focusing on the exploration and production of lithium resources. The company aims to enhance its market presence by participating in strategic projects within Chile, a country known for its significant lithium reserves.
YTD Price Performance: -11.69%
Average Trading Volume: 242,116
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: C$140.5M
Learn more about LITH stock on TipRanks’ Stock Analysis page.