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The latest announcement is out from Rain City Resources, Inc. ( (TSE:RAIN) ).
Rain City Resources Inc. has successfully commissioned a containerized pilot plant using Avonlea’s proprietary Advanced Chemical and Cavitation Extraction technology, ACCELi, for direct lithium extraction. The plant is ready for shipping following a successful trial and is set to enhance Rain City’s position in the lithium extraction industry by offering competitive features such as high purity lithium phosphate production and low operating costs, with ongoing discussions for a US-based site location.
More about Rain City Resources, Inc.
Rain City Resources Inc. is an integrated lithium technology and project development company committed to addressing the environmental, social, and economic challenges associated with extracting lithium from brine.
YTD Price Performance: -25.00%
Average Trading Volume: 151,329
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$4.02M
See more insights into RAIN stock on TipRanks’ Stock Analysis page.