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LithiumBank Gears Up for Lithium Extraction

LithiumBank Gears Up for Lithium Extraction

LithiumBank Resources Corp. (TSE:LBNK) has released an update.

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LithiumBank Resources Corp. is advancing its Boardwalk and Park Place Lithium Brine Projects, leveraging proceeds from a recent $15M asset sale to enhance its Western Canadian portfolio. The company is also commissioning a 10,000 L/day Direct Lithium Extraction pilot plant in Calgary, set to be one of North America’s largest, with the intent to optimize lithium recovery processes for future commercial operations. With insider, consultant, and employee ownership exceeding 40%, the company maintains a strong commitment to non-dilutive capital for project development.

For further insights into TSE:LBNK stock, check out TipRanks’ Stock Analysis page.

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