Welcome to our dedicated page for Sustainable Projs Group news (Ticker: SPGX), a resource for investors and traders seeking the latest updates and insights on Sustainable Projs Group stock.
Sustainable Projects Group Inc (SPGX) combines energy engineering expertise with groundbreaking lithium extraction technology, positioning itself at the forefront of sustainable resource solutions. This hub provides investors and industry observers with essential updates on the company's design-build projects, technological advancements, and strategic collaborations.
Access real-time announcements covering operational milestones, partnership developments, and innovations in sustainable lithium production. Key updates include progress reports on energy infrastructure projects, advancements in wastewater-to-lithium conversion processes, and market expansion initiatives.
Discover official statements regarding corporate strategy, environmental stewardship practices, and technological breakthroughs. The curated news collection serves as a reliable resource for understanding SPGX's role in advancing green energy solutions through both conventional engineering and cutting-edge extraction methods.
Bookmark this page to stay informed about critical developments affecting SPGX's position in sustainable technology markets. Regular updates ensure timely access to operational insights and industry-impacting announcements.
Sustainable Projects Group (SPGX) has announced that its subsidiary, Lithium Harvest ApS, has signed a Letter of Intent to establish a 9,000 metric ton lithium carbonate facility in Alberta, Canada. The facility will utilize Lithium Harvest's proprietary Direct Lithium Extraction technology to extract lithium from geothermal brine, offering reduced carbon emissions and water usage compared to traditional mining methods.
The facility is scheduled to become operational in H2 2026 and is expected to more than double Canada's current lithium production. CEO Sune Mathiesen highlighted that while traditional mining operations typically take 18 years to become operational, their unique approach using existing feedstock enables project completion in approximately 18 months, positioning them to address the anticipated lithium supply deficit.
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