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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:

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.

Largest Lithium Intercept Yet at Key Brazil Project Marks Major Milestone

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Lithium Ionic Corp. (TSX-V: LTH; OTCQX: LTHCF; FSE: H3N) has announced significant drilling results at its Bandeira Lithium Project in Minas Gerais, Brazil. Read about the largest lithium-bearing intercept at Bandeira to date.

Drill Bit Hits Thickest Intercept So Far at Lithium Asset

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Though these results became available post feasibility study, they still could be incorporated into the mine plan, noted a BMO Capital Markets report.

Acquisition Has Other Brazil Lithium Cos. Wondering Who's Next

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In Brazil's emerging lithium sector, a US$370 million acquisition of a local company has other junior explorers the wondering if they could be next.

Lithium Co. Receives Final Exploration Reports

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The approval of the Final Exploration Reports and the expected environmental license are crucial milestones for Lithium Ionic Corp. (TSX-V: LTH; OTCQX: LTHCF; FSE: H3N) that bring the company closer to its goal of commencing lithium production in 2026, noted a BMO Capital Markets research note.

Key Milestone Reached For Advancing Lithium Projects in Brazil's Lithium Valley

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Lithium Ionic Corp. (TSX-V: LTH; OTCQX: LTHCF; FSE: H3N) has achieved a milestone with the approval of its final exploration reports for the Bandeira and Outro Lado lithium properties by Brazil's National Mining Agency. Read about the significance of this news and the next steps for Lithium Ionic.

More Articles


Expert Comments:

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."

Frederic Tremblay, Desjardins Securities

(8/15/24)
"We view the Pilbara-Latin transaction as positive for Lithium Ionic Corp. Not only does it shed light on the company's deeply depressed valuation and on the potential to unlock value through transactions, but it also confirms that Brazil is an attractive jurisdiction for future lithium production."

Greg Jones, BMO Capital Markets

(8/12/24)
"Lithium Ionic Corp. announced several recent transactions: 1) the sale of a 2.25% life-of-mine gross revenue royalty on Bandeira to Appian Capital Advisory for US$20M in cash, 2) the acquisition of the 15% stake in Salinas the company did not own and 3) a CA$15M private placement. . .we believe there is near-term opportunity for Lithium Ionic to rerate towards the peer multiple, which would imply about a 50% share price uplift."

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."

More Expert Comments

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
Frederic Tremblay, Analyst – Desjardins Securities

Company News 

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

9/3/2024 – Lithium Ionic Welcomes David D'Onofrio to Board of Directors

7/26/2024 – Lithium Ionic Reports AGM Results

7/18/2024 – Lithium Ionic Completes US$20 Million Royalty Agreement 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.

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