Altamin Limited ( (AU:AZI) ) has shared an update.
Altamin Limited has made significant progress in its Lazio Project, which focuses on extracting lithium and boron from geothermal brines using a mechanical evaporation process that offers environmental and cost advantages. The company has completed various testwork and assessments, including those by ANSTO and SRC, to ensure the feasibility and efficiency of their extraction methods, with plans for further optimization. Additionally, Altamin has finalized the acquisition of Appian Italy B.V.’s interest in Vedra Metals Srl, enhancing its stake in the Gorno Project, and continues to engage with local communities and government bodies to support its operations.
More about Altamin Limited
Altamin Limited is a company focused on the development of geothermal energy, sulphate of potash (SOP), and lithium projects. The company is engaged in recovering critical raw materials such as lithium and boron, and strategic materials like potassium from high-temperature geothermal brines, aligning with Italy’s revised Mining Decree, the EU Critical Raw Materials Act, and the UN’s Sustainable Development Goals.
Technical Sentiment Signal: Buy
Current Market Cap: €7.75M
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