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Rain City Resources Inc. Announces Formal Evaluation Framework with YLB in Bolivia
Agreement advances Rain City's next-generation DLE platform in the Uyuni basin and Bolivia's broader salar ecosystem, one of the world's most strategically important and chemically complex lithium environmentsCalgary, Alberta--(Newsfile Corp. - May 12, 2026) - Rain City Resources Inc. (CSE: RAIN) ("Rain City" or the "Company") is pleased to announce that it has entered into a Memorandum of Understanding ("MOU") with Yacimientos de Litio Bolivianos ("YLB"), Bolivia's state lithium company,...
About this update from Rain City Resources, Inc.
[{"type":"text","content":"Agreement advances Rain City's next-generation DLE platform in the Uyuni basin and Bolivia's broader salar ecosystem, one of the world's most strategically important and chemically complex lithium environments","length":221,"tagName":"p","attribs":{"class":"nfSubHeading"},"className":""},{"type":"text","content":"Calgary, Alberta--(Newsfile Corp. - May 12, 2026) - Rain City Resources Inc. (CSE: RAIN) ("Rain City" or the "Company") is pleased to announce that it has entered into a Memorandum of Understanding ("MOU") with Yacimientos de Litio Bolivianos ("YLB"), Bolivia's state lithium company, establishing a formal framework for the evaluation of Bolivian brines and laboratory-scale research related to the Company's next-generation Direct Lithium Extraction ("DLE") platform. This MoU represents the first public MoU for lithium executed between YLB and a foreign company in the new Bolivian Administration.","length":659,"tagName":"p"},{"type":"text","content":"For Rain City, this represents a meaningful strategic step into one of the world's most important lithium resource bases. Bolivia's salar systems - led by the strategic importance of Uyuni and supported by key operating infrastructure in Llipi and La Palca, Potosà - are globally significant not only because of scale, but also because of the complexity of their brine chemistry. This makes process adaptability, metallurgical understanding and disciplined technical evaluation especially important.","length":507,"tagName":"p"},{"type":"text","content":"Under the MOU, the parties will advance a structured research process that includes a formal proposal, technical coordination, periodic reporting and a joint Technical Coordination Commission to oversee progress and evaluation. The agreement provides Rain City with a credible institutional pathway to assess its DLE platform under real Bolivian conditions within a state-backed framework.","length":389,"tagName":"p"},{"type":"text","content":"While the MOU does not grant concession rights, resource ownership or a commercial production agreement, Rain City believes that formal entry into technical evaluation in Bolivia is a significant milestone, particularly given the strategic relevance of the Uyuni basin and the broader Bolivian salar ecosystem to the lon...