Neo Lithium Corp NTTHF

Metals & Mining Industrial Metals & Minerals

Neo Lithium Corp is engaged in the business of exploration operations. Its principal business activities are the exploration and development of resource properties. Its project includes the 3Q project. It operates its business in the countries like Canada and Argentina, however, most of the revenue is generated from Canada.

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Neo Lithium Corp > Another Li project is off line

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Post by tiger6301on Nov 04, 2019 1:46pm

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Post# 30306396

Another Li project is off line

As NLC's presentation, Uyuni Lithium project has very high Mg/Li ratio, which may not be economical under current Li price. Also the project Germany partner DOES NOT HAVE Li experience.

So many expansions or developments are on hold, and it is good for the industry, and may take some time to balance out.

tiger