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PepinNini Minerals Limited ( (AU:PNN) ) has issued an update.
Power Minerals Limited has received approval to commence hydrological drilling at its Pocitos Project, part of the Rincon Joint Venture in Argentina. This drilling aims to secure a water source essential for future Direct Lithium Extraction operations, positioning the Rincon JV as a potential lithium carbonate production hub. The project benefits from strategic infrastructure, including rail connections, natural gas pipelines, and proximity to solar farms, enhancing its potential as a key player in the lithium industry.
More about PepinNini Minerals Limited
Power Minerals Limited is a company operating in the mining industry, focusing on the extraction and production of lithium carbonate. The company is involved in the Rincon Lithium Joint Venture in Argentina, aiming to establish a production hub for lithium carbonate in South America.
YTD Price Performance: -30.43%
Average Trading Volume: 802,923
Technical Sentiment Signal: Sell
Current Market Cap: A$9.24M
See more data about PNN stock on TipRanks’ Stock Analysis page.