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Bullboard - Stock Discussion Forum LithiumBank Resources Corp V.LBNK

Alternate Symbol(s):  V.LBNK.W | LBNKF

LithiumBank Resources Corp. is a Canada-based development company focused on lithium-enriched brine projects in Western Canada. The Company holds over 3.6 million acres of mineral titles, 3.33M acres in Alberta. The Company’s Boardwalk Lithium Brine Project is located in west-central Alberta, approximately 85 kilometers (km) east of the City of Grande Prairie and 270 km northwest of the City of... see more

TSXV:LBNK - Post Discussion

LithiumBank Resources Corp > MOU w/ VW & Mercedes to benefit lithium industry & LBNK
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Post by waves1 on Aug 25, 2022 5:50pm

MOU w/ VW & Mercedes to benefit lithium industry & LBNK

Canada's MOU with Volkswagen & Mercedes for the development of supply chains for critical minerals used in EVs & to help meet the growing demand for clean transportation solutions provides a major boost to the lithium industry in Canada.
 
With a 3.2M acre portfolio and 6M tonnes of LCE at the Boardwalk Project alone, LBNK is positioned to significantly benefit from this MOU once in the production stage which could be as soon as 2025. 
 
https://www.canada.ca/en/innovation-science-economic-development/news/2022/08/canada-strikes-historic-partnerships-with-leading-german-automakers-volkswagen-and-mercedes-to-help-meet-growing-demand-for-clean-transportation-so.html
 
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