Nevada Lithium Plans Partnership With Korea's Hydro Lithium For Critical Mineral Extraction

Nevada Lithium Resources has partnered with South Korea's Hydro Lithium to apply proprietary extraction technologies to its Bonnie Claire lithium and boron project in Nevada, aiming to recover critical minerals and develop additional revenue streams. Hydro Lithium's CEO, Dr. Uong Chon, known for developing POSCO's lithium extraction technology, brings expertise with CULH and CULX processes designed for battery-grade lithium chemical production and extraction from natural resources. This collaboration could extend to other North American projects and has boosted Nevada Lithium's shares by up to 23%, reflecting market optimism. Meanwhile, US Critical Metals Corp. secured a six-month extension on its option agreement for the McDermitt East lithium project in Nevada, maintaining its presence in a key lithium region amid strong federal support under the Trump administration for U.S. lithium production, including potential government equity stakes in major projects like Thacker Pass. Both companies highlight the strategic importance of expanding domestic lithium supply chains to meet rising demand and government priorities for critical minerals. Despite Nevada Lithium's current financial challenges, the partnership with Hydro Lithium and promising project assessments suggest potential for future economic benefits.