International Lithium Corp - ILHMF stock
OTC Symbol: ILHMF | OTC Tier: OTCQB | Related ticker symbols: TSXV: ILC
Description[edit]
International Lithium Corp. is a Vancouver-based company that invests in, explores, and develops mineral properties in Canada, Zimbabwe, and Ireland, with a primary focus on lithium, rubidium, caesium, and rare metal deposits; its main project is the Raleigh Lake Lithium and Rubidium Project in Canada, while actively seeking additional properties in Canada and Zimbabwe since its incorporation in 2009.[1]
History[edit]
International Lithium Corp. was incorporated in 2009 as a Canadian-based mineral exploration company. It was established with the primary objective of identifying and developing mineral properties, particularly those rich in lithium, rubidium, caesium, and other rare metals.[2]
The founders and management team of International Lithium Corp. likely recognized the increasing importance and demand for lithium and other rare metals in various industries, including electric vehicles, renewable energy storage, and electronics. These metals play a crucial role in modern technologies due to their unique properties and potential for sustainable applications. As a result, the company set its sights on exploring and developing mineral properties in regions known for their potential lithium and rare metal resources. Canada, Zimbabwe, and Ireland were among the targeted regions due to their geological characteristics and favorable mining regulations.[3]
With a particular focus on the Raleigh Lake Lithium and Rubidium Project located in Canada, the company aimed to extract and produce lithium and other valuable minerals to meet the growing global demand. International Lithium Corp.'s efforts and strategic approach in mineral exploration and development have positioned it as an active player in the lithium and rare metal mining industry, seeking to contribute to the clean energy transition and technological advancements in the 21st century.[2]
- ↑ Yahoo Finance. ILHMF Stock Profile. Retrieved on 10/1/2023.
- ↑ 2.0 2.1 Investing.com. International Lithium Corp. Retrieved on 10/1/2023.
- ↑ Reuters. Companies - ILC.C. Retrieved on 10/1/2023.
