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Frontier Lithium Inc V.FL

Alternate Symbol(s):  LITOF

Frontier Lithium Inc. is engaged in the acquisition, exploration and development of lithium mineral properties in Ontario, Canada. The Company is engaged in a pre-production business with a focus to be a strategic and integrated domestic supplier of spodumene concentrates for industrial users as well as battery-grade lithium hydroxide and other chemicals to the electric vehicle and energy storage markets in North America. The Company’s flagship asset, PAK Lithium Project, located about 175 kilometers (km) north of Red Lake, Ontario in the Red Lake Mining District and encompasses close to 27,000 hectares (ha). It also has two other spodumene-bearing discoveries, such as the Bolt pegmatite, which is located between the PAK and Spark deposits, as well as the Pennock pegmatite, located 25 km northwest of the PAK deposit within the project claims. Its lithium products include spodumene concentrate and lithium hydroxide monohydrate.


TSXV:FL - Post by User

Post by lithomonon Mar 19, 2024 3:53pm
225 Views
Post# 35941470

MXZ, Mitsubishi Buying up Frontier Lithium shares

MXZ, Mitsubishi Buying up Frontier Lithium shares
It clearly appears that buying up Frontier shares is not Mitsubishi's Lithium strategy.  
 
As mentioned on this forum this forum, Mitsubishi is an $89-Billion market cap company.
Mits is not overly concerned about anything to do with Frontier's shares.
Mits is not going to piddle around with shares.
 
Mitsubishi's only interest is securing 75% of Frontier's Lithium production.
 
In short order, Mits has to start supplying HONDA with Lithium battery products.
 
To conclude, if some other entity, globally, steps in to start acquiring Frontier Lithium, that is not a key concern for Mitsubishi.
 
Mitsubishi already now has the Lithium supply locked up on the overall PAK development.
 
If Albemarle, Piedmont, Arcadium, PMET, etc.... step-in to buy up Frontier Lithium then Mitsubishi simply works with the "construction" teams of those well developed and motivated mining machines.
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