Lithium South Development Corporation
LIS.V
Toronto Stock Exchange Ventures0.50
CAD
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Lithium South Development Corporation
LIS.V
(Toronto Stock Exchange Ventures)
Recent
price
0.50
P/E
ratio
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div
yld
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ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Similar Companies
- Business
- Lithium South Development Corporation is a Canada-based junior mining company specializing in the identification, acquisition, exploration, and development of lithium brine projects. The company owns 100% of the Hombre Muerto North Lithium Project (HMN Li Project), which spans approximately 5,687 hectares across nine mining concessions located in Salta and Catamarca Provinces in Argentina, within the lithium triangle. Its core products include lithium carbonate and lithium iron phosphate (LiFePO4) derived from concentrated brine extraction using industry-standard evaporation methods. The company’s services encompass exploration, piloting evaporation extraction, laboratory-scale production of battery-grade lithium products, and progressing toward feasibility and environmental impact assessments. Recently, Lithium South has advanced its operational capacity by producing lithium iron phosphate battery material directly from concentrated brine and constructing prototype batteries. It is undertaking detailed environmental studies and process validation testing at the HMN lithium project site while preparing a Definitive Feasibility Study and Economic Assessment aimed at increasing project throughput. The company has strategic partnerships, most notably a Cooperative Development Agreement and ongoing negotiations with South Korean industrial giant POSCO, which has offered to acquire Lithium South for approximately US$65 million, pending definitive agreement completion. Lithium South has also expanded its project holdings by acquiring additional adjacent claim blocks, increasing its asset base to over 10,000 hectares. CEO Adrian Hobkirk leads the company’s transition from an explorer to a lithium developer focused on commercial-scale lithium carbonate production. Lithium South operates within the mining and metals industry, targeting global lithium markets primarily for energy storage and battery applications. It leverages advanced lithium extraction technology in Argentina’s salar environment, strategically located near other major lithium developments and infrastructure. Founded in 2018 and headquartered in Vancouver, British Columbia, Lithium South continues to focus on expanding resource capacity, securing strategic investment, and advancing its flagship project toward commercial production within the evolving global lithium supply chain.
Lithium South Announces Signing of Acceptance Letter for Share Purchase Agreement with POSCO Argentina S.A.U.