Lithium Ionic Corp.
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- 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.
Company News
Lithium Ionic Completes US$37.5 Million Sale of its Salinas Group of Lithium Properties to PLS
Lithium Ionic Reports AGM Voting Results, Including Election of Two New Independent Directors
Lithium Ionic Announces Agreement to Sell its Salinas Group of Lithium Properties to PLS for US$37.5 Million in Cash, Retaining a 2.0% Royalty on Future Spodumene Sales
Lithium Ionic Announces Withdrawal of Shareholder Requisition for a Special Meeting
Lithium Ionic Comments on Statement of Claim Filed by Emerita Resources
Lithium Ionic Advances Construction Readiness at Bandeira; Secures Construction-Phase Water Access and Provides Engineering and Procurement Updates
Lithium Ionic Strengthens Board with Appointment of Brazilian Mining and Governance Executive Clovis Torres
Lithium Ionic to Present at the Fastmarkets Global Lithium, Battery & Critical Materials Conference in Las Vegas
Lithium Ionic Comments on Emerita Shareholder Litigation
Lithium Ionic Files Annual and Interim Financial Statements
Lithium Ionic Files Annual and Interim Financial Statements
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