LithiumBank Resources Corp. (TSE:LBNK) has released an update.
LithiumBank Resources Corp. has reported significant enhancements in their updated Preliminary Economic Assessment for the Boardwalk Lithium Brine Project, highlighting a 98% lithium recovery rate, increased annual production to 34,005 tonnes of lithium hydroxide, and a 34% reduction in operational costs. The project, leveraging G2L’s Direct Lithium Extraction technology, boasts an impressive pre-tax net present value of $3.7 billion and promises a reduced environmental footprint with the potential for hydrogen-powered operations.
For further insights into TSE:LBNK stock, check out TipRanks’ Stock Analysis page.
