The approval of the Final Exploration Reports and the expected environmental license are crucial milestones for Lithium Ionic Corp. (TSX-V: LTH; OTCQX: LTHCF; FSE: H3N) that bring the company closer to its goal of commencing lithium production in 2026, noted a BMO Capital Markets research note.
Lithium Ionic Corp. (TSX-V: LTH; OTCQX: LTHCF; FSE: H3N) recently reported it had received approval for the Final Exploration Reports for its Bandeira and Outro Lado lithium properties, according to a Canaccord Genuity research note.
BMO Capital Market's analyst Greg Jones believes that the Pilbara-Latin Resources transaction could be a catalyst for Lithium Ionic Corp. (TSX-V: LTH; OTCQX: LTHCF; FSE: H3N).