Lithium Ionic Corp. is a Canadian exploration and development company focused on advancing hard-rock lithium projects in Minas Gerais, Brazil’s “Lithium Valley” — a premier jurisdiction emerging as a major global source of spodumene concentrate. The company controls 14,668 hectares of highly prospective ground within this prolific district.
Its flagship Bandeira Project underpins a large and growing resource base of 64.7 million tonnes grading 1.26 % Li₂O across multiple deposits. A recently completed feasibility study outlined robust economics, with projected annual production of approximately 177,000 tonnes of spodumene concentrate (5.2 % Li₂O) over an 18.5-year mine life. The study delivered an after-tax NPV8 of ~US$ 1.45 billion and an IRR of 61 %, supported by low operating costs of US$ 378/tonne.
Lithium Ionic continues to progress key permits, including a recommended approval of its LAC environmental license, while also earning “Priority Status” designation from the state of Minas Gerais. Positioned to become a near-term supplier to the global battery materials market, the company is committed to delivering sustainable, cost-competitive lithium production to meet the accelerating demand from electric vehicles and energy storage systems.
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TORONTO, Oct 05, 2022 (GLOBE NEWSWIRE) -- Lithium Ionic Corp (“Lithium Ionic” or the “Company”) (TSXV:LTH) is pleased to announce that it has closed its previously announced private...
Toronto, Ontario--(Newsfile Corp - February 8, 2022) - Lithium Ionic Inc ("Lithium Ionic") and POCML 6 Inc ("POCML6", and together with Lithium Ionic, the "Issuers"), are pleased to announce that...
Toronto, Ontario--(Newsfile Corp - February 7, 2022) - POCML 6 Inc (TSXV: POCCP) (the "Corporation" or "POCML6"), a capital pool company ("CPC") listed on the TSX Venture Exchange ("TSXV"), is...