GOLMUD

Ultra Lithium Signs Strategic Cooperation Agreement with Zangge Mining of China

Retrieved on: 
Wednesday, February 9, 2022

VANCOUVER, British Columbia., Feb. 09, 2022 (GLOBE NEWSWIRE) -- Ultra Lithium Inc. (TSX-V: ULT) (Ultra Lithium or the Company) is pleased to announce that the Company has signed an exclusive strategic cooperation agreement with Zangge Mining Co. Ltd., for exploration and development of its 100% owned Laguna Verde Brine Lithium Project in Catamarca Province, Argentina.

Key Points: 
  • VANCOUVER, British Columbia., Feb. 09, 2022 (GLOBE NEWSWIRE) -- Ultra Lithium Inc. (TSX-V: ULT) (Ultra Lithium or the Company) is pleased to announce that the Company has signed an exclusive strategic cooperation agreement with Zangge Mining Co. Ltd., for exploration and development of its 100% owned Laguna Verde Brine Lithium Project in Catamarca Province, Argentina.
  • Ultra Lithium and Zangge will work together to reach a definitive cooperation agreement for the development of the Laguna Verde Brine Lithium Project.
  • Zangge entered the lithium industry in 2017, using its proprietary, advanced and proven adsorption technology to extract lithium from brine.
  • In 2020, Zangge completed construction of its lithium processing facility in Golmud, Qinghai, China and is producing 10,000 tons of lithium carbonate annually.

Smart PV: The Sun Always Shines on Qinghai's People and Economy

Retrieved on: 
Wednesday, November 17, 2021

SHENZHEN, China, Nov. 17, 2021 /PRNewswire/ -- In Chinese, Qinghai means blue waters. Named after Qinghai Lake, China's largest inland salt lake, Qinghai Province attracted worldwide attention in November 2020 when two 10 million-kW renewable energy bases were completed in the Hainan and Haixi prefectures. We took a trip to the PV power station in Talatan, Gonghe County, 60 km southeast of the lake.

Key Points: 
  • We took a trip to the PV power station in Talatan, Gonghe County, 60 km southeast of the lake.
  • The decade also saw the rapid development of auxiliary industries like catering, accommodation, auto repairs, ironware, and construction materials.
  • This level of activity had only been approached once before in the 1980s, when the Longyangxia Hydropower Station was built.
  • In 2014, the two companies launched the smart PV solution based on string inverters to digitalize PV power stations.

Ultra Resources Announces Non-Brokered Private Placement of Up to C$6.0 Million, Including a C$3.3M Strategic Investment

Retrieved on: 
Thursday, September 30, 2021

As part of the Offering, Jiangsu Zangqing New Energy Industry Fund (Zangqing) intends to make a strategic investment of approximately C$3.3 million in Units.

Key Points: 
  • As part of the Offering, Jiangsu Zangqing New Energy Industry Fund (Zangqing) intends to make a strategic investment of approximately C$3.3 million in Units.
  • Zangge entered the lithium industry in 2017, using the advanced and proven adsorption method technology to extract lithium from brine.
  • The Company is one of only three companies in the world with industrialized adsorption lithium extraction technology including Livent.
  • Ultra Resources is an exploration and development company with a focus on the acquisition and development of lithium, gold, and copper assets.