Lithium Ionic Secures Crucial Water Rights in Brazil

Lithium Ionic Corp (TSE:LTH) has released an update.

Lithium Ionic Corp. has been granted the right to extract water from the Piauí River for its Bandeira Lithium Project in Brazil, marking a key achievement in its pursuit of becoming a near-term lithium producer. The company’s updated mineral resource estimates indicate significant lithium deposits, with further advancements expected as the feasibility study nears completion and environmental and construction approvals are anticipated. This milestone is pivotal for Lithium Ionic as it solidifies its operational foundation in a leading mining region.

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