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An announcement from Cosmos Exploration Limited ( (AU:C1X) ) is now available.
Cosmos Exploration Limited addressed a recent ASX price and volume query, attributing the trading activity to a news article about China restricting the export of A-DLE technology, which affects lithium projects dependent on Chinese technology. However, Cosmos’s partner, EAU Lithium, is unaffected due to its licensing agreement with Vulcan Energy for A-DLE technology, allowing it to advance its Bolivian lithium projects with Yacimientos de Litio Bolivianos.
More about Cosmos Exploration Limited
Cosmos Exploration Limited operates in the exploration industry, focusing on acquiring and developing lithium resources. The company is strategically positioned in the lithium sector through its exclusive option agreement to acquire 100% of EAU Lithium, a company located in the Lithium Triangle of South America.
YTD Price Performance: 140.0%
Average Trading Volume: 333,387
Technical Sentiment Consensus Rating: Hold
For detailed information about C1X stock, go to TipRanks’ Stock Analysis page.
