Lithium Ionic Corp (TSE:LTH) has released an update.
Lithium Ionic Corp. has reached a significant milestone by obtaining approval from Brazil’s National Mining Agency for the Final Exploration Reports of its Bandeira and Outro Lado lithium properties. The company has submitted a Mining Concession application and an Economic Viability Study for the Bandeira property, which is a crucial step towards commencing extraction and production. They are also awaiting the environmental license necessary to start construction, reinforcing their commitment to contributing to Brazil’s growing lithium market.
For further insights into TSE:LTH stock, check out TipRanks’ Stock Analysis page.