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

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

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:

Royalty Agreement Marks Strategic Advancement in Lithium Valley Project

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Lithium Ionic Corp. (TSX-V: LTH; OTCQX: LTHCF; FSE: H3N) has completed a significant royalty agreement with Appian Capital Advisory LLP, marking a substantial step in the company's strategic development. See how this milestone positively impacts the course for this lithium mining companys path towards production

Lithium Co. Releases Robust Feasibility Study

Research Report
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Lithium Ionic Corp. (LTH:TSX; LYHCF:OTCQX) is the cheapest of all the players in the region, according to a Clarus Securities research note.


Expert Comments:

Frederic Tremblay, Desjardins

(5/29/24)
"With Lithium Ionic Corp.'s balance sheet currently tight (latest available cash-on-hand position of about CA$10M), we see potential for the release of the feasibility study to open up/accelerate opportunities to enhance the company's financial position. . .we view the valuation of Lithium Ionic as compelling, especially considering its quick path to production, low costs, proximity to producers and infrastructure, and further resource growth potential."

Cole McGill, Stifel

(5/29/24)
"The definitive feasibility study of Lithium Ionic Corp.'s Bandeira project prioritizes speed over scale, in line with our thesis, with the construction permit expected in Q3/24. We see multiple levers to pull to optimize project value, not least the roughly 24 Mt in resources at Bandeira that could translate into an additional nine years of mine life."

Katie Lachapelle, Canaccord Genuity

(5/29/24)
"The results of the feasibility study on Lithium Ionic Corp.'s flagship Bandeira project were largely in line with our forecasts. . .we continue to view the Bandeira project as highly attractive."

Greg Jones, BMO Capital Markets

(5/29/24)
"Lithium Ionic Corp. announced results of its Bandeira feasibility study. . .the results continue to show Bandeira is an attractive, low-capital project with potential for a short timeline to production and opportunities for further upside/optimization."

Varun Arora, Clarus Securities

(4/15/24)
"The global resource at Lithium Ionic Corp.'s Bandeira now stands at 41.9 Mt at 1.35% Li2O. This is an impressive 42% increase in about 6.5 months from the last resource update in October which itself was an 84% increase in just 3.5 months from the maiden resource."

Varun Arora, Clarus Securities

(4/5/24)
"The maiden global resource at Lithium Ionic Corp.'s Salinas came in at an impressive 14.76 Mt at about 1.02% Li2O. This was at the high end of expectation of 10−15 Mt; about 40% of the resource is in the Measured & Indicated category with 5.86 Mt at 1.09% Li2O and the remaining 8.9 Mt in Inferred at 0.97% Li2O."

Experts Following This Company

Varun Arora, Analyst – Clarus Securities
Greg Jones, Analyst – BMO Capital Markets
Katie Lachapelle, Associate Analyst – Canaccord Genuity
Cole McGill, Analyst – Stifel
Frederick Tremblay, Analyst – Desjardins Securities

Company News 

7/26/2024 – Lithium Ionic Reports AGM Results

7/18/2024 – Lithium Ionic Completes US$20 Million Royalty Agreement with Appian Capital

7/11/2024 – Lithium Ionic Files NI 43-101 Technical Report for the Bandeira Lithium Project Feasibility Study

7/5/2024 – Lithium Ionic Initiates Drilling at Four Properties Surrounding Bandeira Development Project and Expands Salinas Drilling Program to 30,000m in the Lithium Valley, Minas Gerais, Brazil

7/3/2024 – Lithium Ionic Enters Option Agreement to Acquire Up to 90% Interest in New Itinga Properties totaling 2,983 ha in the Lithium Valley, Minas Gerais, Brazil

6/28/2024 – Lithium Ionic Executes Definitive Agreement for US$20 Million Royalty Financing with Appian Capital

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.

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2024/8/2 5:33:02

(TSX-V: LTH - OTCQX: LTHCF - FSE: H3N)

Analyst coverage

Clarus SecuritiesVarun Arora
BMO Capital MarketsGreg Jones
Canaccord GenuityKatie Lachapelle
StifelCole McGill
Desjardins SecuritiesFrederick Tremblay

Company News

View Latest News

Streetwise Reports Articles

07/24/2024 - View Article
06/24/2024 - View Article

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