Nova Minerals Updates on Snow Lake Lithium Proposed Lithium Hydroxide Plant

Apr 12, 2022

On 12 April 2022, Nova Minerals Limited (ASX: NVA) provided an update on Snow Lake Lithium’s planned creation of a Lithium Hydroxide (LiOH) Plant in South Manitoba.

The Company considers Snow Lake as a remarkable investment. NVA stated that the coming 12 months is crucial for Snow Lake as it aims to deliver on its key value creating milestones of advancing as well as expanding its resource, completing its economic and downstream processing studies.

Snow Lake Resources Ltd d/b/a Snow Lake Lithium Ltd has commissioned a scoping study to examine the planned creation of a LiOH Plant in South Manitoba. The study is an intentionally significant step in the direction of creating North America's first 100% renewable and 100% electric, integrated lithium processing operation which is vital for the electric vehicle industry’s future.

Customer Notice:

Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Maven Capital Pty Ltd (AFSL No. 418504). The information contained in this article is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.

Kapitales Research, Suite 1A, Level 2, 802-808 Pacific Highway, Gordon NSW 2072, Australia | 1800 005 780 | info@kapitales.com.au