QXR's announcement about the USA lithium brines was intriguing. In any other country, those lithium results were not interesting. But the USA really wants its own battery minerals supply. So I asked some industry experts in downstream processing. Low grades from 50-100ppm are being tested in US pilot plants - but nowhere else. And QXR'S project is the only large near surface lithium Brine project identified to date outside of the current producer (silver lake) at Clayton Valley in Nevada. Pure Energy at Clayton Valley is being developed now at 110ppm lithium.QX also has identified the key lithium producing horizon to target based ona comparisons to Clayton Valley.A number of downstream lithium developers are getting millions from the US department of energy (DoE). QXR'S partner, Stardust, is probably one of them. They will be listed in the next couple of weeks- then hang on for more announcements, I'm betting
QXR Price at posting:
0.7¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)