Article

Cosmos Exploration's EAU Lithium has entered a non-binding Negotiation Agreement with Bolivia's state-owned YLB to explore future lithium production contracts. The agreement focuses on using Vulcan Energy's VULSORB A-DLE technology, with testing already conducted on Bolivian brines.

Cosmos retains an exclusive option to acquire 100% of EAU Lithium. The company reported a net loss of $4.42 million in FY2025, with a cash balance of $681k, indicating funding risks. Progress in Bolivia faces regulatory and political challenges, while exploration outcomes remain uncertain. The agreement marks a procedural step for leveraging DLE technology in lithium production.