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Green Technology Metals Limited ( (AU:GT1) ) has provided an update.
Green Technology Metals Limited has announced significant advancements in its plan to establish Ontario’s first lithium conversion facility. The company is conducting pilot tests to produce battery-grade lithium hydroxide and has secured a Letter of Intent for a preferred site in Thunder Bay. The partnership with battery producer EcoPro is a key driver, helping accelerate the Pre-Feasibility Study, which is on track for completion in late 2025. This project is expected to boost Ontario’s economy by creating jobs and advancing the lithium supply chain, supported by ongoing discussions with Invest Ontario for funding.
More about Green Technology Metals Limited
Green Technology Metals Limited is a Canadian-focused, multi-asset lithium business operating within the mining industry. The company is primarily engaged in the development and production of lithium concentrates and chemicals, with a specific market focus on establishing a vertically integrated lithium supply chain in Ontario, Canada.
YTD Price Performance: -10.14%
Average Trading Volume: 163,571
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$24.1M
For an in-depth examination of GT1 stock, go to TipRanks’ Stock Analysis page.
