Lithium South Development Corporation
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- Lithium South Development Corporation, a Canada-based exploration-stage junior mining company founded in 1995 and headquartered in Vancouver, British Columbia, focuses on the acquisition, exploration, and development of lithium brine properties in Argentina's Lithium Triangle. The company owns 100% of the flagship Hombre Muerto North Lithium Project (HMN Li Project), comprising approximately 5,687 hectares across nine mining concessions including Alba Sabrina, Natalia Maria, Tramo, Gaston Enrique, Via Monte, Norma Edith, and Sophia I, II, and III, located in Salta and Catamarca Provinces on the Hombre Muerto salar adjacent to major producers such as POSCO and Rio Tinto. Its principal asset features a NI 43-101 compliant inferred and indicated resource of 1.58 million tonnes lithium carbonate equivalent (LCE) at an average grade of 736 mg/L lithium with a low magnesium-to-lithium ratio of 3.27, primarily in the measured category; a Preliminary Economic Assessment completed in April 2024 outlines production of 15,600 tonnes per year of technical-grade lithium carbonate via solar evaporation, projecting after-tax NPV8% of US$934 million, IRR of 31.6%, and 2.5-year payback. Recent developments include a July 2025 Share Purchase Agreement to sell the HMN Li Project to POSCO Argentina SAU for approximately US$62 million, with extensions announced through November 2025 to finalize due diligence and closing; associated share repurchase program; strengthened development team and accelerated feasibility study targeting tender by end-Q3 2025 and completion by Q1 2026; and a January 2024 cooperative development agreement with POSCO Argentina SAU. The company targets lithium extraction for the EV battery supply chain, strategically positioned amid Argentina's expanding lithium production hub surrounded by multi-billion-dollar operations.
Lithium South Announces Filing of Audited Financial Statements, Receipt of Revocation Order, Closing of Plan of Arrangement and Delisting from TSX Venture Exchange
Lithium South Re-Schedules Plan of Arrangement Closing as a Result of Cease Trade Order
Lithium South Announces Pay Out of Common Shares and Closing of Plan of Arrangement
Lithium South Announces Closing of the Sale of Its Hombre Muerto North Lithium Project
Lithium South Announces Closing Date of April 7, 2026
Lithium South Announces Results of its Annual and Special Meeting of Securityholders
Lithium South AGSM Update
Lithium South Announces Signing of Acceptance Letter for Share Purchase Agreement with POSCO Argentina S.A.U.
Lithium South Announces Extension to POSCO Argentina S.A.U. Share Purchase Agreement
Lithium South Gets Green Light from POSCO
Due Diligence Concluded / Commencement of Definitive Agreement
Lithium South Project Sale Update and Share Re-Purchase
HMN Li Project Sale for up to US$62 Million
Lithium South Strengthens the Development Team and Fast-tracks HMN Project Feasibility
Lithium South Environmental Impact Assessment
Buy And Hold These Ten Cheap Lithium Juniors Ready For A Potential Lithium Recovery From 2026 Onwards
Letter of Intent for a Joint Venture and Project Funding
Bulk Brine Sample Testing / Corporate Update
Lithium South Development Announces Completion of Phase I Environmental Baseline Study and Progress on Phases II and III
LITHIUM SOUTH: TEST WORK/ DEVELOPMENT WORK /BUSINESS DEVELOPMENTS UPDATE