LithiumBank Optimizes Lithium Project Economics

LithiumBank Resources Corp. (TSE:LBNK) has released an update.

LithiumBank Resources Corp. has reported significant enhancements in their updated Preliminary Economic Assessment for the Boardwalk Lithium Brine Project, highlighting a 98% lithium recovery rate, increased annual production to 34,005 tonnes of lithium hydroxide, and a 34% reduction in operational costs. The project, leveraging G2L’s Direct Lithium Extraction technology, boasts an impressive pre-tax net present value of $3.7 billion and promises a reduced environmental footprint with the potential for hydrogen-powered operations.

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