- Business
- Nevada Lithium Resources Inc. is a Canada-based mineral exploration and development company focused on advancing lithium projects in the United States. The company holds a 100% interest in its core asset, the Bonnie Claire Lithium Project located in Nye County, Nevada, an 18,300-acre land package featuring indicated and inferred mineral resources of lithium and boron, including a lower zone indicated resource of 275.85 million tonnes grading 3,519 ppm Li and inferred resource of 1,561.06 million tonnes grading 3,085 ppm Li at a 1,800 ppm Li cutoff; it explores for lithium deposits amenable to borehole mining with minimal surface disturbance and abundant alternative energy supplies in a tier-1 mining jurisdiction. Incorporated in 2020 and headquartered in Vancouver, British Columbia, Nevada Lithium Resources operates in the mining and natural resources sector, targeting battery-grade lithium for electric vehicles, energy storage, and electronics industries. In March 2025, the company filed a Preliminary Economic Assessment for Bonnie Claire demonstrating a $6.829 billion after-tax net present value at an 8% discount rate based on $24,000/tonne Li2CO3 pricing and a 61-year mine life processing nearly 3 million tonnes of ore annually. Recent highlights include the September 2025 announcement of significant rubidium and cesium mineralization in drill core with initial test work confirming their presence in pregnant leach solution, enhancing potential by-product revenue streams; in late September 2025, Nevada Lithium signed a letter of intent with Hydro Lithium for collaborative development opportunities on its lithium assets.