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LTH:TSX.V; LTHCF:OTCQX; H3N:FSE

Lithium Ionic Corp.

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.
LTH:TSX.V LTHCF:OTCQX H3N:FSE

Lithium Ionic Corp. is a billboard sponsor of Streetwise Reports and paid a fee for this company profile page. Please refer to the important disclosures below for additional details.

Recent Articles:

Canadian Lithium Co. Achieves Major Derisking of Project

Research Report
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The developer lands financing with the U.S. government's credit agency for an amount equal to the initial capex, a Clarus Securities report.

Proposed Financing Would Cover Capex of New Lithium Mine

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As such, the target price on the company that owns this up-and-coming operation is raised by BMO Capital Markets, one of its reports noted.

High-Grade Lithium Intercepts Highlight Ongoing Growth Potential of Brazilian Project

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Lithium Ionic Corp. (LTH:TSX.V; LTHCF:OTCQX; H3N:FSE) has announced significant drilling results from its flagship Bandeira Lithium Project, located in northern Minas Gerais, Brazil. Read more about the high-grade lithium discoveries and their impact on expanding the resource base in Brazil's Lithium Valley.

Major US Funding LOI for Brazil Lithium Project Development

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Lithium Ionic Corp. (LTH:TSX.V; LTHCF:OTCQX; H3N:FSE) has secured a non-binding Letter of Interest (LOI) from the Export-Import Bank of the United States (EXIM) to provide up to US$266 million in debt financing for the Bandeira Lithium Project. Read more about how this funding supports critical mineral supply chains and accelerates global electrification efforts.

Engineering Milestone Secures Progress for Key Lithium Project in Brazil

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Lithium Ionic Corp. (LTH:TSX.V; LTHCF:OTCQX; H3N:FSE) has announced the initiation of Engineering, Procurement, and Construction Management (EPCM) services for its flagship Bandeira Lithium Project. See why the CEO Blake Hyland says that the company's momentum towards production is stronger than ever.

Lithium Co. Expects Key Permit by Year-End

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Once this particular environmental license in received, the Canadian explorer may begin construction at its project in Brazil, noted a Desjardins Securities analyst.

More Articles


Expert Comments:

Shannon Gill, Cormark Securities

(12/4/24)
"We are initiating coverage on Lithium Ionic Corp. with a Buy rating. . .Bandeira is on track to become one of the next producing mines in Brazil's Lithium Valley."

Greg Jones, BMO Capital Markets

(11/28/24)
"Lithium Ionic Corp. announced a nonbinding letter of intent from the US Export-Import Bank for up to $266M in debt financing (15-year term) for its Bandeira project. The funding covers the full capex estimate outlined in the May 2024 feasibility study."

Varun Arora, Clarus Securities

(11/27/24)
"Lithium Ionic Corp. announced a nonbinding letter of interest from the Export-Import Bank of the United States (EXIM, official credit agency of the U.S. government) for up to $266M in debt financing for its 100%-owned Bandeira project. . .we see this as a significant derisking milestone that will see the project advance towards construction once permits are received (expected before year-end)."

Frederic Tremblay, Desjardins Securities

(10/8/24)
"The main highlight of new drill results at Lithium Ionic Corp.'s Bandeira lithium project was an impressive 64.7m grading 1.39% Li2O, including 22m at 1.67% Li2O and 20m at 1.62% Li2O. This represents the thickest mineralized zone encountered at Bandeira to date."

Greg Jones, BMO Capital Markets

(10/8/24)
"Lithium Ionic Corp. is one of our preferred lithium developers. . .the company has the potential to be first to production amongst developers under our coverage. In addition, Lithium Ionic has a large underexplored land package with the potential to further grow the current resource base."

Greg Jones, BMO Capital Markets

(9/10/24)
"Lithium Ionic Corp. has received approval of the final exploration reports for its Bandeira and Outro Lado properties from Brazil's National Mining Agency. With this approval, the company has now submitted the mining concession application and the economic viability study."

More Expert Comments

Experts Following This Company

Varun Arora, Analyst – Clarus Securities
Jon Gilligan, President & COO – Liberty Gold Corp.
Greg Jones, Analyst – BMO Capital Markets
Katie Lachapelle, Associate Analyst – Canaccord Genuity
Cole McGill, Analyst – Stifel
Frederic Tremblay, Analyst – Desjardins Securities

Company News 

12/3/2024 – Lithium Ionic Drills 1.77% Li?O over 16m, including 2.36% Li?O over 9m at Bandeira, Minas Gerais, Brazil

11/27/2024 – Lithium Ionic Secures LOI from EXIM for US$266M, Representing 100% of Bandeira Project CAPEX

10/28/2024 – Lithium Ionic Joins United Nations Global Compact Initiative

10/22/2024 – Lithium Ionic Initiates Engineering and Construction Management Services Contracts, Awarded to Hatch and Reta for Bandeira Project Development

10/8/2024 – Lithium Ionic Drills Thickest Intercept to Date at Bandeira: 1.39% Li?O over 65m in Brazil's Lithium Valley, Minas Gerais

9/10/2024 – Lithium Ionic Achieves Key Permitting Milestone with Approval of Final Exploration Reports for Bandeira and Outro Lado by Brazil's National Mining Agency

Important Disclosures
Lithium Ionic Corp. is a Billboard advertiser of Streetwise Reports and pays a flat fee. Fees fund both sponsor-specific activities and general report activities. Sponsor-specific activities may include aggregating content and publishing that content on the Streetwise Reports site, creating and maintaining company landing pages, interviewing key management, posting a banner/billboard, and/or issuing press releases. The fees also cover the costs for Streetwise Reports to publish and syndicate investment opinion and comments, and also to curate or create sector-specific content. Billboard advertising monthly fees range from $3,000 to $5,000. This landing page contains a summary of the company that was prepared by that company. Some landing pages contain investing highlights and a catalyst calendar that are prepared by that company. The Expert Comments and Experts Following This Company sections of the landing page are compiled by Streetwise Reports. There may be other information about the company that is not placed on the landing page, and Streetwise Reports does not guarantee the accuracy or thoroughness of the information contained on the landing page. Readers should conduct their own research for all information publicly available concerning the company. This landing page may be considered advertising for the purposes of 18 U.S.C. 1734.

streetwise book logoStreetwise - Lithium Ionic Corp. Ownership Overview*

Lithium Ionic Corp. (TSX-V: LTH;OTCQX: LTHCF;FSE: H3N)

*Share Structure as of 7/24/2024
Investing Highlights
 
Near-term production of high-quality lithium concentrate in Brazil
 
Established lithium-producing district provides a strong proof-of-concept
 
Robust Feasibility Study: 14-year operation, $1.3B NPV, 40% IRR
catalyst Calendar
Q4
2024
Ongoing drilling and drilling results
Q4
2024
Construction permits in Q3 2024 for Bandeira
Q2
2025
Salinas PEA completion in H2 2025