Lithium Ionic Corp.
LTH.V
Toronto Stock Exchange Ventures0.74
CAD
-0.02
- -
Lithium Ionic Corp.
LTH.V
(Toronto Stock Exchange Ventures)
Recent
price
0.74
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Lithium Ionic Corp. (TSXV: LTH) is a Canadian mining company focused on the acquisition, exploration, and development of lithium properties in Brazil's Lithium Valley, a premier hard-rock lithium district in northeastern Minas Gerais state; the company holds a dominant land position spanning 14,668 hectares across the Itinga and Salinas groups of properties, targeting production of high-quality spodumene concentrate to supply the global electric vehicle and battery supply chains. Its flagship Bandeira project, a 157-hectare property adjacent to operating mines by CBL and Sigma Lithium, features an updated September 2025 Feasibility Study outlining an 18.5-year mine life producing 177,000 tonnes per annum of 5.2% Li2O spodumene concentrate at low capex and opex, with a post-tax NPV8 of US$1.45 billion and IRR of 61%; the Itinga group also includes the high-grade Outro Lado deposit, while the Salinas group encompasses the Baixa Grande deposit with a January 2025 mineral resource estimate reflecting 32% growth. Founded in early 2022 and headquartered at 36 Lombard Street, Toronto, Ontario, Canada, Lithium Ionic operates through subsidiaries with 100% ownership in Itinga (including seven mineral licenses covering approximately 1,300 hectares) and 85% interest in Salinas. Recent developments include a US$20 million non-dilutive royalty financing from Appian Capital Advisory in 2024 to advance Bandeira; a non-binding US$266 million Letter of Interest from the U.S. Export-Import Bank for project debt financing by late 2024; completion of a C$18.3 million private placement in October 2025 with strong insider and strategic investor participation, including lithium veterans from RTEK International DMCC; filing of an NI 43-101 technical report in October 2025 for the updated Bandeira Feasibility Study; and engagement of RTEK in April 2025 to support project optimization and permitting, with the LAC environmental license in final review stages to enable construction.
Lithium Ionic Files Annual and Interim Financial Statements