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Lithium Ionic Corp ( (TSE:LTH) ) has issued an update.
Lithium Ionic Corp has received a favorable technical report from the Minas Gerais State Department of Environment and Sustainable Development for its Bandeira Lithium Project in Brazil. This recommendation is a significant milestone in the permitting process, allowing the company to advance towards securing the necessary environmental license to begin construction and operations, which will include underground lithium mining and related infrastructure.
More about Lithium Ionic Corp
Lithium Ionic Corp is a company involved in the lithium mining industry, focusing on the development of lithium projects. Their primary product is lithium, a critical component in battery technology, with a market focus on sustainable energy solutions.
YTD Price Performance: 26.58%
Average Trading Volume: 316,309
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$154.7M
Learn more about LTH stock on TipRanks’ Stock Analysis page.