Oroplata Resources Inc. subsidiary LithiumOre Corp. established a Battery Metals Extraction Division that will be near the company's Railroad Valley lithium project in Nevada.
The company said Oct. 9 that the division aims to design and use battery metals extraction technology to complement the Railroad Valley project and future mining projects and to market the extraction technology as a service and for purchase.
"This simultaneously creates a technology side to our business with an entirely new revenue stream independent of our mining operations and realizes our goal of becoming a fully integrated lithium mining and production company," LithiumOre CEO Doug Cole said.