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An announcement from Patagonia Lithium Limited ( (AU:PL3) ) is now available.
Patagonia Lithium Ltd has successfully completed a high-resolution survey and volumetric analysis at its Formentera Lithium Brine Project in Argentina. The survey, which utilized drones for precise topographic mapping, supports further drilling and mineral resource calculations. The company plans to implement a waste brine disposal strategy that includes evaporation, reinjection, and desalination, potentially reducing capital expenditure if approved by local authorities. This development is a significant step in optimizing their lithium extraction operations and enhancing their resource management capabilities.
More about Patagonia Lithium Limited
Patagonia Lithium Ltd is a company operating in the lithium industry, focusing on the extraction and processing of lithium resources. Their primary product is lithium, and they are engaged in projects that aim to advance lithium extraction technologies and resource management.
Average Trading Volume: 58,013
Technical Sentiment Signal: Sell
Current Market Cap: A$6.09M
Learn more about PL3 stock on TipRanks’ Stock Analysis page.