Lithium Chile Inc.
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
- Steven Cochrane
- Sector
- Basic Materials
- Industry
- Industrial Materials
- Address
- 903 – 8th Avenue South West Calgary AB Canada T2P 0P7
- IPO Date
- Jan 8, 2021
- Website
- lithiumchile.ca
- Similar Companies
- Business
- Lithium Chile Inc. (TSX-V: LITH; OTCQB: LTMCF) is a Canada-based mineral exploration company focused on the acquisition, advancement, and development of lithium-bearing properties in the Lithium Triangle of South America. Founded in 2010 and headquartered in Calgary, Alberta, the company maintains a substantial land portfolio exceeding 110,000 hectares across 13 premier projects in Chile—including Salar de Coipasa, Salar de Llamara, Salar de Turi, Aguilar, Rio Salado, and Agua Caliente—and 29,245 hectares on the Salar de Arizaro in Argentina's Salta Province; it also holds five properties totaling 22,529 hectares prospective for gold, silver, and copper. Core activities encompass lithium brine exploration and resource delineation, highlighted by the Arizaro Project's pre-feasibility study indicating measured and indicated resources of 4,122,000 tonnes of lithium carbonate equivalent (LCE), potential production of 25,000 tonnes per annum of battery-grade lithium carbonate over a 20-year mine life, pre-tax NPV of US$3.8 billion, and 42.1% pre-tax IRR. Recent strategic developments include the October 2025 closing of a C$7,975,000 life offering to fund project advancement; a December 2024 binding letter of intent for the sale of the Arizaro Project; acquisition of an additional stake in Arizaro in December 2024 strengthening its position; an ongoing joint venture with Eramet established in March 2024 to explore over 40,000 hectares across four Chilean properties; creation of wholly-owned subsidiaries in April 2024 for potential spin-outs of gold/copper/silver and lithium assets; and a 24% increase in Arizaro lithium resources announced in April 2024 with average grades up to 538 mg/L. The company targets the electric vehicle battery supply chain and renewable energy sectors, supported by a strong cash balance, experienced management team, and best-in-class technical expertise.
Lithium Chile Shareholders Vote 96% in Favor of Proposed Sale of Company's Arizaro Project In Salta, Argentina
Lithium Chile and China Union Holdings Ltd. Sign an Amended and Restated Share Purchase Agreement
Lithium Chile Mails Information Circular for Shareholder Vote to Approve US $175 Million Sale of Arizaro Project
Lithium Chile Receives US $5 Million Deposit Toward Sale of Salar de Arizaro Project, Argentina
Lithium Chile Provides Clarification on the Timing of the Special Meeting to Approve Arizaro Transaction
Lithium Chile Provides Update on the Transaction for the Sale of Arizaro Project
Lithium Chile (OTCMKTS:LTMCF) Shares Up 3.6% – Still a Buy?
Lithium Chile Executes the Formal Agreement for the Sale of its Argentine, Arizaro Project
Lithium Chile Announces Closing of $7,975,000 Life Offering
Lithium Chile Announces Upsized Life Offering of Up to $7,000,000
Lithium Chile Announces Upsized Life Offering of up to $6,500,000
Lithium Chile Announces Life Offering of Up to $5,000,000
Lithium Chile Provides Update on the Sale of its Arizaro, Argentina Project
Lithium Chile Directors and Officers Exercise Options
Lithium Chile Awarded CEOL, Securing Exclusive Rights for Lithium Development on the Coipasa Salar, Chile
Lithium Chile Provides Update on Sale of Arizaro Project
Lithium Chile Announces Due Diligence On Arizaro Sale Nears Completion, Moves To Definitive Agreement Stage
Portofino and Lithium Chile Partner on Winning Bid for 8,445 Hectare Arizaro Lithium Project in Salta, Argentina
Lithium Chile boosts resource at Salar de Arizaro in Argentina by 81%
Lithium Junior Miners News For The Month Of November 2021