Holding a key role in the world's transition to net-zero carbon emissions, lithium plays a crucial role in sustainable development and green technology. Integral to the production of lithium-ion batteries, lithium is in high demand across a range of applications, making the need for new sources of lithium to come online evident. (Source: https://www.azomining.com/Article.aspx?ArticleID=1763).
Located amid this growing landscape, Recharge Resources (RR.c RECHF) has emerged as a high-potential lithium opportunity focused on the exploration and development of the production of high-value battery metals to meet the demands of the advancing electric vehicle and fuel cell vehicle market.
Today, RR announced the completion of an initial reconnaissance prospecting program at its 100% owned Georgia Lake North Lithium Project in the Thunder Bay Mining Division of Ontario.
Host to several spodumene-bearing pegmatite dykes, the 671.5-hectare project is contiguous to Rock Tech Lithium Inc's Project which Mercedes Benz signed a supply agreement for an average of 10,000 tonnes of battery-grade lithium hydroxide per year for a value of US$1.47 billion over 5 years.
RR CEO, David Greenway, commented:
"We are making progress on all fronts across our portfolio of lithium projects including drilling and a resource estimate pending at the Pocitos 1 Lithium brine project in Argentina, and pending results from our first ground reconnaissance visit to the Georgia Lake lithium project,”
This news follows the delivery of 99.89% grade lithium carbonate from RR's Pocitos 1 Lithium Brine Project using the Ekosolve lithium carbonate production system.
This is a major milestone from the Pocitos 1 Project, achieving 99.89% purity on the first wash and 99.99% purity lithium carbonate. Notably, this far exceeds the purity requirement for battery-grade lithium and is the quality for pharmaceutical grade.
For more information, refer to the latest news release: https://recharge-resources.com/news/recharge-completes-reconnaissance-program-at-georgia-lake-north-lithium-project-with-drilling-and-resource-estimate-pending-at-pocitos-1/
Posted on behalf of Recharge Resources