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Argentina Lithium & Energy Corp LILIF


Primary Symbol: V.LIT

Metals & Mining Industrial Metals & Minerals Battery metals
Argentina Lithium & Energy Corp. is a Canada-based natural resource company. The Company is focused on acquiring lithium projects in Argentina. The Company explores, develops and advances its four key projects covering over 67,000 hectares (ha) in the Lithium Triangle of Argentina. The Company’s projects include Incahuasi Lithium Project, Antofalla North Lithium Project, Rincon West Project and Pocitos Project. The Incahuasi Project includes a 100% interest in over 25,000 ha of granted mineral rights properties in the Incahuasi Salar and basin in Catamarca Province, Argentina. The Antofalla North Project covers about 10,839 ha, including wholly owned and optioned claims. The Rincon West Project includes mining concessions covering over 5000 ha at the Rincon Salar. The Pocitos Salar Project includes over 26,000 ha of properties subject to four option agreements. The Pocitos Salar is located approximately 100 kilometers west of the town of San Antonio de los Cobres.


TSXV:LIT - Post by User

Argentina Lithium & Energy Corp
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Post by sdhakaon Aug 13, 2024 4:40pm
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Post# 36177334

Stellantis acquired a 19.9% stake for $90M...

Stellantis acquired a 19.9% stake for $90M...The global push for electric vehicles is driving high demand for lithium, despite a recent price drop. Argentina, a key player in lithium production, remains crucial to this industry.

Argentina Lithium & Energy Corp. (TSXV: LIT):

- Stellantis Partnership: Stellantis acquired a 19.9% stake for $90M, highlighting the value of LIT's assets.
- Rincon West Project: Drilling shows potential for a large, mineralized lithium aquifer.
- Undervalued: Analysts value LIT’s projects far above the current market cap, indicating significant upside.

Curious to learn more? Check out the full report for an in-depth analysis and future outlook: https://www.researchfrc.com/content/reports/post/119/a-stellantis-backed-junior-trading-below-cash-
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