RLC 1 for 7 rights issue at 4 cents to raise $3 million.
OFFER CLOSED
FRIDAY 27 May 2022
Lithium is a key ingredient for batteries and batteries are charging the electrification of the transport industry.
Reedy Lagoon plans to produce lithium for direct sale to battery manufacturers by finding and processing lithium-bearing brine (salty ground water).
This strategy will plug Reedy Lagoon into the lowest cost producers and the highest value-add stages of lithium-ion battery manufacture.
Lithium News
DISCLAIMER: The information in this Lithium News webpage is information that has been published on the internet by third parties. It is not information reviewed, assessed or verified by Reedy Lagoon and Reedy Lagoon does not represent or warrant the truth, accuracy or completeness of Lithium News. It is not financial advice. Use of Lithium News is subject to the Terms and Conditions.
01. Lithium-ion batteries: Global Li-ion battery capacity in development pipeline surpasses 4TWh (Roskill, 07/07/2021).
02. Lithium outlook 2021: Analysts Positive on Pricing, More Balanced Market Ahead (Investing News Network (investingnews.com), 07/01/2021).
03. Lithium – Outlook to 2031, 18th Edition (Roskill, 31/08/2021).
04. Schlumberger New Energy and Panasonic Energy of North America Announce Strategic Collaboration on New Battery-Grade Lithium Production Process (Pure Energy Minerals, 11/06/2021).