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Bullboard - Stock Discussion Forum Lithos Group Ltd N.LITS

Alternate Symbol(s):  LITSF

Healthcare
Lithos Group Ltd., formerly Lithos Energy Ltd., is engaged in delivering sustainable lithium. The Company offers AcQUA, which is a patent-pending technology that spans the complete value chain from the conditioning and pre-treatment of raw brines through the direct lithium extraction (DLE) phase into the polishing and purification of battery grade lithium feedstock. The Company has two... see more

NEO:LITS - Post Discussion

Lithos Group Ltd > LiTHOS Announces Submission of $30 Million Follow-on Grant
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Post by Betteryear2 on Jan 29, 2024 10:20am

LiTHOS Announces Submission of $30 Million Follow-on Grant

  • Grant application received written support from U.S. Senator Katie Britt, US Senator Tommy Tuberville, U.S. Congresswoman Terri A. Sewell, US Congressman Gary Palmer, Alabama Mobility and Power Center, The University of Alabama, and the City of Bessemer, Economic and Community Development Department.
     
  • Grant proposes to upgrade the 55,000 sq ft Bessemer complex capacity to produce pilot scale polished and purified battery-grade lithium hydroxide and create hundreds of new jobs for the local community.
     
  • Facility is strategically located next to Mercedes-Benz US International, Inc., Honda Manufacturing of Alabama, LLC and Hyundai Motor Manufacturing Alabama, LLC. The Alabama site is Hyundai's first U.S. manufacturing plant and ranks as the state's third-largest industrial employer tied with Mercedes-Benz.

VANCOUVER, BC, Jan. 29, 2024 /CNW/ - LiTHOS Group Ltd. ("LiTHOS" or the "Company") (CBOE CA: LITS) (OTCQB:LITSF) (FSE: YU8) (WKN: A3ES4Q) is pleased to announce its wholly-owned subsidiary Aqueous Resources LLC ("Aqueous") submitted its complete application for $30 million to the US Department of Energy under Funding Opportunity Announcement DE-FOA-0003105. Awards are anticipated to be announced in May 2024.

LiTHOS Announces Submission of $30 Million Follow-on Grant to the US Department of Energy (newswire.ca)

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Lithos Group Ltd