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Snow Lake Resources ( (LITM) ) just unveiled an announcement.
On November 10, 2025, Snow Lake Resources Ltd. announced its support for the U.S. Geological Survey’s designation of uranium as a critical mineral, a decision made on November 7, 2025. This designation is expected to bolster the U.S. uranium industry by promoting a secure domestic nuclear fuel supply chain, potentially providing federal funding and permitting advantages. The announcement aligns with Snow Lake’s strategic focus on developing a vertically integrated nuclear fuel cycle in the U.S., which includes uranium mining, enrichment, and small modular reactors. The designation may also influence U.S. government actions to enhance nuclear independence and support domestic uranium supply chain initiatives.
More about Snow Lake Resources
Snow Lake Resources Ltd., operating as Snow Lake Energy, is a Canadian nuclear fuel cycle and critical minerals company listed on Nasdaq under the ticker LITM. The company focuses on U.S. uranium projects and has interests in uranium enrichment and small modular reactors. Snow Lake’s portfolio includes exploration stage projects in Wyoming, USA, and Namibia, as well as critical minerals projects in Manitoba, Canada.
Average Trading Volume: 1,903,951
Technical Sentiment Signal: Sell
Current Market Cap: $31.32M
Find detailed analytics on LITM stock on TipRanks’ Stock Analysis page.