Welcome to our dedicated page for LithiumBank Resources news (Ticker: LBNKF), a resource for investors and traders seeking the latest updates and insights on LithiumBank Resources stock.
LithiumBank Resources Corp. (OTCQX: LBNKF; TSXV: LBNK) generates a steady flow of news as it advances its lithium brine projects in Western Canada. Company updates focus on the Boardwalk and Park Place projects in west-central Alberta, where LithiumBank reports large NI 43-101 lithium brine resources and is working toward modular Direct Lithium Extraction (DLE)-based development.
News releases cover a range of technical and corporate milestones. On the project side, LithiumBank reports updated NI 43-101 resource estimates at Boardwalk and Park Place, reservoir modelling work with SLB, and results from extensive DLE pilot campaigns that have shown up to 95% lithium recovery and more than 99% impurity rejection on bulk brine samples. The company also announces progress at its Calgary DLE pilot plant, where eluates from Boardwalk brine have been refined into battery-grade lithium carbonate.
Investors can also follow development agreements and funding news, including a Development Agreement with a Leading Energy Services and Technology Supplier that includes binding DLE licensing terms for Boardwalk, and a CAD $3.9 million non-dilutive funding award from Emissions Reduction Alberta to support drilling, DLE testing, and feasibility study work.
Corporate updates such as annual meeting results, stock option grants, and strategic realignments around technology partnerships are also disclosed. For anyone tracking the evolution of lithium brine projects in Alberta and Saskatchewan, this news feed provides ongoing detail on LithiumBank’s resource base, pilot testing outcomes, and project de-risking steps.
LithiumBank Resources Corp. (LBNKF) announced a Memorandum of Understanding (MoU) with ZS2 Technologies to implement CO2 Direct-Air-Capture (DAC) technology at its Boardwalk and Park Place projects in Alberta. The partnership aims to capture up to 100% of CO2 emissions from the power facility and co-produce magnesium and calcium from treated brine. Key highlights include plans for a processing facility to generate low-carbon cement products and the potential to reduce brine reinjection requirements by 10%. LithiumBank will supply 25,000 cubic meters of brine annually and support joint funding opportunities, enhancing both economic and environmental outcomes. This collaboration positions LithiumBank as a leader in the carbon-neutral lithium production sector, aligning with its sustainability goals.
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