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An update from Lithium Plus Minerals Ltd. ( (AU:LPM) ) is now available.
Lithium Plus Minerals Ltd. has announced the granting of a 20-year mining lease for its Lei Lithium Project, marking a significant step in its development strategy. The project aims to establish a low capital expenditure operation to produce lithium for processing in China, with ongoing regulatory and environmental approvals positioning the company for value creation in the recovering lithium market.
More about Lithium Plus Minerals Ltd.
Lithium Plus Minerals Ltd. is a company operating in the mining industry, focusing on the exploration and development of lithium resources. Their primary product is lithium, with a strategic emphasis on advancing projects like the Lei Lithium Project in the Northern Territory, Australia, to meet the growing demand for lithium in global markets.
Average Trading Volume: 127,401
Technical Sentiment Signal: Buy
Current Market Cap: A$15.28M
For detailed information about LPM stock, go to TipRanks’ Stock Analysis page.