Recent News Keeping an eye on LBNK LBNK.v (up 5.8%) as of late as they work away at their properties in Alberta and Saskatchewan.
A few things I’m keeping my eyes on
They're running direct lithium extraction mineral processing test work on brines from their Boardwalk Project now. This is important because this is a key stepping stone towards the design of a commercial facility that they anticipate will produce battery grade lithium chemical products. Watching for the results.
As well, they recently increased their land position by over 530,000 acres and commenced a hydrogeological study at the Park Place Lithium Brine Project where the estimates are expected to be used to complete a NI 43-101 Mineral Resource Estimate.
With the lithium market expected to grow at a compound annual growth rate of 12.0% from 2022 to 2030 to reach $18.99B by 2030, LBNK is one to watch.
https://www.lithiumbank.ca/news/2022