GMN 0.00% 0.3¢ gold mountain limited

Lithium - Catching up with Latin Resources. We caught up with...

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    Lithium - Catching up with Latin Resources. We caught up with Latin Resources (LRS) (Not Rated) for an update on its Colina spodumene project in Brazil. We see projects like Colina as part of the supply response to solving the medium/long-term market balance and see potential production upside with respect to the recently announced PEA detailing a 525ktpa SC5.5 project. Located in (iron ore) mining-friendly Minas Gerais as part of the emerging 'Lithium Valley' and with proximity to emerging Western EV/battery demand, LRS differs from the Australian incumbents we are used to. Source: UBS.
 
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