InvestSMART

Cosmos Exploration Limited (ASX:C1X)

ALERT: Price-sensitive ASX Announcement for C1X
Current share price for C1X : $0.100 -0.005 (-4.76%)+
Announcement
Release
13 Aug 2026 8:19AM
Price at Release
$0.105
Full Release
download
Summary
Cosmos Exploration Limited, through its subsidiary EAU Lithium, has executed a strategic agreement with VULTEC, the German technology subsidiary of Vulcan Energy Resources. This partnership is designed to advance EAU Lithium's lithium initiatives in Bolivia by leveraging VULTEC's advanced technology and expertise, particularly the VULSORB® technology for direct lithium extraction. The agreement encompasses a comprehensive scope, including engineering feasibility studies, geothermal power integration, DLE process optimizations, and future operational support. This aligns with Cosmos's strategy to secure necessary engineering and technical services, following a previously signed Master Services Agreement with Bolivia's SEPCON S.R.L. The agreement underscores commitments to environmental protection and community consultation, fostering collaboration and transparency.
Key Points
  • Strategic partnership executed between EAU Lithium and VULTEC.
  • The agreement covers engineering feasibility studies and geothermal power integration.
  • VULTEC will provide access to their German technology and expertise.
  • The partnership includes DLE process optimizations and by-product opportunities.
  • Cosmos Exploration Limited's subsidiary, EAU Lithium, executed MSAs to advance lithium projects in Bolivia.
  • VULTEC is responsible for technology provision, process design, and sorbent supply.
  • The agreement aims to enhance collaboration and transparency in operations.
  • Cosmos Exploration Limited merged with EAU Lithium in May 2026.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.