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Cosmos Exploration signs technical service deal with SEPCON
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Cosmos Exploration signs technical service deal with SEPCON

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  • Cosmos Exploration announced that its subsidiary executed a master services agreement with South American contractor SEPCON.
  • The announcement followed a prior close where company shares traded at $0.115.
  • The agreement secures local engineering capacity to advance the company's lithium development plans in Bolivia.

Cosmos Exploration (ASX:C1X) has signed a technical contract with engineering firm SEPCON to advance its lithium project in Bolivia.

The agreement serves as the first of two critical service contracts intended to support future engineering and technical development.

The master services agreement covers pilot plant mobilisation, installation, transport, engineering feasibility studies, and process optimisations.

The company stated that the transaction secures access to localised capacity in Bolivia to support the potential deployment of German tech.

Following the announcement, the Cosmos Exploration share price was unchanged at $0.115.

The project aligns with a broader partnership involving Vulcan Energy Resources (ASX:VUL) to roll out specialised closed-loop technology under an existing licence.

The company recently completed a merger with EAU Lithium to further develop its brine resources across South American salars.

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