Lithium Ionic Corp.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Blake Hylands
- Full Time Employees
- 93
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 36 Lombard Road Toronto ON Canada M5C 2X3
- IPO Date
- Jul 8, 2022
- Website
- lithiumionic.com
- Similar Companies
- Business
- Lithium Ionic Corp. Lithium Ionic Corp. (TSXV: LTH, OTCQX: LTHCF) is a Canadian mining company focused on the acquisition, exploration, and development of lithium-bearing hard-rock properties in Brazil's Lithium Valley, a prolific region in northeastern Minas Gerais state hosting established producers such as CBL and Sigma Lithium; its portfolio spans 14,668 hectares across the Itinga and Salinas groups of properties, encompassing flagship assets including the Bandeira Project (157 hectares, 100% owned), Outro Lado deposit, and Baixa Grande deposit (part of Salinas, with 85% interest in the broader project area). The company advances its projects toward production of high-quality spodumene concentrate (targeting 5.2% Li2O), with global indicated and inferred mineral resources totaling 64.7 million tonnes grading 1.26% Li2O across three main deposits; Bandeira, representing about 70% of total resources, supports an 18.5-year mine life producing 177,000 tonnes per annum at low operating costs of US$378 per tonne, while Baixa Grande offers significant expansion potential following a 32% resource increase reported in January 2025. Headquartered in Toronto, Ontario, at 36 Lombard Street, the company was founded in 2022 and operates exclusively in Brazil's mining-friendly jurisdiction, targeting the global electric vehicle and battery supply chains with scalable, low-capex development. Recent advancements include an updated definitive feasibility study for Bandeira released in September 2025, demonstrating post-tax NPV8 of US$1.45 billion and IRR of 61% with reduced capital costs; a strategic partnership with RTEK International established in April 2025 to optimize project design, execution, and timelines, leading to RTEK earning shares for cost-saving milestones; non-dilutive US$20 million royalty financing and a US$10 million private placement in September 2025 backed by RTEK and insiders like Martin Rowley; a non-binding letter of interest from the U.S. Export-Import Bank for up to US$266 million in debt financing; progress toward Bandeira's Licença Ambiental Concomitante (LAC) construction permit, with recommended approval and priority status from Minas Gerais state; and ongoing drilling exceeding 8,200 meters in 2024 to support an updated NI 43-101 mineral resource estimate in early 2025.
Lithium Ionic Announces Date for Annual and Special Meeting Of Shareholders
Lithium Ionic Responds to Shareholder Requisition
Lithium Ionic Announces Application for Management Cease Trade Order
Lithium Ionic Announces Board and Management Changes
Lithium Ionic Confirms Valid Title to Brazilian Mineral Claims
Lithium Ionic Secures Offtake Agreements with Leading Integrated Lithium Producers, Including One of the World's Largest Lithium Hydroxide Producers, for Bandeira Project Production
Lithium Ionic: 2025 Year in Review – Advancing Toward Construction in Brazil's Lithium Valley
Lithium Ionic (OTCMKTS:LTHCF) Trading 3.7% Higher – Time to Buy?
Lithium Ionic Files NI 43-101 Technical Report for the Updated Bandeira Lithium Project Feasibility Study
Lithium Ionic Announces Closing of Final Tranche of Oversubscribed Non-Brokered Private Placement
Lithium Ionic Closes First Tranche of Oversubscribed $15M Non-brokered Private Placement
Lithium Ionic Announces Upsize of Non-Brokered Private Placement to $15 Million
Lithium Ionic Announces $10M Non-brokered Private Placement Backed by Martin Rowley, RTEK and Key Strategic Shareholders
Lithium Ionic Publishes 2024 Sustainability Report, ESG Scorecard, and Climate Risk Assessment
Lithium Ionic Files NI 43-101 Technical Report for the Bandeira Mineral Resource Estimate, Minas Gerais, Brazil
Lithium Ionic Engages RTEK to Support Construction and Operational Readiness of Bandeira Project; Announces Leadership Transition to Strengthen Project Execution
Lithium Ionic Files NI 43-101 Technical Report for the Baixa Grande Mineral Resource Estimate, Minas Gerais, Brazil, Marking a 32% Growth in Updated Mineral Resources
Buy And Hold These Ten Cheap Lithium Juniors Ready For A Potential Lithium Recovery From 2026 Onwards
Lithium Ionic Advances Towards Key Permitting Milestone for the Bandeira Lithium Project, Minas Gerais, Brazil
Lithium Ionic Drills 1.77% Li₂O over 16m, including 2.36% Li₂O over 9m at Bandeira, Minas Gerais, Brazil