XTC Lithium Limited
XTC.AX
Australian Securities Exchange0.20
AUD
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XTC Lithium Limited
XTC.AX
(Australian Securities Exchange)
Recent
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0.20
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div
yld
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ROIC.AI
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- XTC Lithium Limited (ASX:XTC) is an Australian exploration company focused on the development of sustainable, high-purity battery-grade lithium resources, primarily through its flagship Carachi Lithium Project in the Lithium Triangle of northern Argentina's Catamarca Province; the project spans multiple tenements totaling approximately 12,500 hectares held via options and its wholly-owned subsidiary XTC Lithium SARLA, with additional lithium brine projects in the region, while also holding legacy tenements of around 197 square kilometers in Western Australia's Southern Cross region prospective for gold and lithium-bearing pegmatites. The company pursues Direct Lithium Extraction (DLE) technologies in collaboration with a Korean team to enable faster processing, higher recoveries exceeding 80 percent, reduced freshwater and reagent usage, minimized evaporation pond footprints, and superior product purity compared to traditional brine methods; it emphasizes local partnerships with landowners and government in Argentina under a "local first" policy to foster community benefits and secure future acquisitions near major players like Lake Resources (ASX:LKE). Incorporated in 2006 and headquartered at 63 Sinclair Street in Wollstonecraft, New South Wales, Australia, with a postal address in West Perth, Western Australia, XTC Lithium formerly operated as Xantippe Resources Limited until changing its name effective December 11, 2023, alongside a 200:1 share consolidation completed on December 12, 2023; most recently, in March 2025 it signed a non-binding Letter of Intent with American Battery Materials, Inc. (OTCPINK:BLTH) for a strategic partnership enabling ABM to acquire up to a 50 percent interest in the Carachi project, including joint venture rights post-10 percent stake, while divesting non-core assets to sharpen focus on Argentinian lithium development.