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The latest announcement is out from Snow Lake Resources ( (LITM) ).
On May 13, 2025, Snow Lake Resources Ltd. announced a strategic investment in Commerce Resources Corp to advance the Ashram Rare Earths Project, the largest undeveloped rare earths project in North America. This move is significant amid global supply chain pressures, particularly due to China’s dominance in rare earth production. The investment aligns with efforts by Western governments to secure domestic sources of critical minerals, supporting both Canadian and U.S. objectives to reduce dependency on Chinese supply chains.
More about Snow Lake Resources
Snow Lake Resources Ltd., operating as Snow Lake Energy, is a company focused on clean energy and critical metals. Its primary market focus is on securing and developing rare earth elements, which are essential for various high-tech and clean energy applications.
Average Trading Volume: 741,262
Technical Sentiment Signal: Sell
Current Market Cap: $29.89M
Learn more about LITM stock on TipRanks’ Stock Analysis page.