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Unlocking Brazil's Lithium Potential for the Global Market

Near-term producer of high-quality, low-cost lithium concentrate in Minas Gerais' Lithium Valley, poised to support the global EV and battery supply chains.

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TSX:LTH.V

0.87
-0.02
801,745
Last updated: 2024-05-30

About Company

Lithium Ionic is a near-term producer of high-quality, low-cost lithium concentrate in Brazil’s ‘Lithium Valley’, a region of global significance for hard-rock lithium production. Our claims span 14,182-hectares in the northeastern part of Minas Gerais state, a mining-friendly jurisdiction where +300 mines operate. In May 2024, a Feasibility Study on the Bandeira lithium deposit demonstrated a 14-year, low-cost mining operation producing 178,000tpa of high-quality spodumene concentrate (5.5% Li2O), resulting in a post-tax NPV8 of US$1.3B and an IRR of 40%. Lithium Ionic is focused on generating significant value for its stakeholders by accelerating its highly scalable Bandeira towards production and supporting the global EV and battery supply chains.

FLAGSHIP PROJECT

Bandeira Project

Location
Minas Gerais, Brazil
STATUS
Feasibility Study (May 2024) Complete; Construction Permits Expected in Q3 2024; Actively Drilling
FS HIGHLIGHTS
  • P178,000tpa of spodumene concentrate production (5.5% Li2O)
  • 14-year mine life
  • After-tax NPV8 of US$1.3B; IRR of 40%
  • All-in operating costs of $444/t SC5.5

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