Pioneer Lithium Limited (ASX: PLN) has announced that it has applied for 37 tenements covering 73,061 hectares in Bahia state, Brazil. The area is expected to be rich in Rare Earth minerals, and the project is named 'Verde Valor.' This project will complement the company’s other critical minerals projects. The company believes that Verde Valor is a valuable addition to its highly prospective Lithium tenements in Ontario, Canada. Pioneer Lithium remains focused on its flagship Root Lake lithium project and will continue undertaking the activities outlined in its IPO prospectus dated 3 August 2023.
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