TSXV:LBNK - Post Discussion
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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