Welcome to our dedicated page for LITHIUM IONIC news (Ticker: LTHCF), a resource for investors and traders seeking the latest updates and insights on LITHIUM IONIC stock.
Lithium Ionic Corp. (LTHCF) is a leading company specializing in the extraction and production of high-quality lithium products. Their Bandeira Definitive Feasibility Study has resulted in positive outcomes for their mining operations and mineral processing. With an estimated initial capital cost of $266 million and a sustainable capital projection of $81.4 million over a 14-year mine life, the company is set to bolster its presence in the market. The company's forward-thinking approach and dedication to project advancement and optimization make them a formidable player in the industry.
Rhea-AI Summary
Lithium Ionic Corp. (TSXV: LTH; OTCQX: LTHCF; FSE: H3N) had a transformative 2023, with strong market support and a robust PEA demonstrating Bandeira's strong economic potential. The company aims to become a lithium producer in the shortest possible timeframe and has seen significant resource growth, strategic land acquisitions, and corporate milestones, including share price appreciation and strong capital markets support.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.83%
Tags
-
Rhea-AI Summary
Lithium Ionic Corp. (TSXV: LTH; OTCQX: LTHCF; FSE: H3N) reports positive assay results for its Bandeira Lithium Project in Brazil, with significant drill intercepts of up to 1.72% Li2O over 53.7m. The project represents around 90% of the total resource tonnage, with a robust MRE and a long-life, low-cost spodumene concentrate mining project with a post-tax NPV 8% of US$1.6 billion and an IRR of 121%. The Company is on track for a Feasibility Study completion in early 2024 and is advancing towards a production decision.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.14%
Tags
-
Rhea-AI Summary
Lithium Ionic Corp. (TSXV: LTH; OTCQX: LTHCF; FSE: H3N) reports results from the ongoing drilling program at the Salinas Lithium Project. The company is actively working towards establishing an initial NI 43-101 resource estimate at Salinas in 2024, with 24,000 meters (99 holes) completed at Salinas since drilling began in May 2023. Lithium Ionic acquired the Salinas group of properties in early 2023 and began selectively drilling the area in May 2023. The latest drill results from Salinas, particularly a new record intercept of 1.13% Li2O over 27.6m, not only strengthens the company's confidence but also highlights the substantial potential of this developing asset.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.37%
Tags
Rhea-AI Summary
Lithium Ionic Corp. (TSXV: LTH; OTCQX: LTHCF; FSE: H3N) has appointed mining veteran, Mr. Paulo Guimarães Misk, as Chief Operating Officer to lead the development of the Bandeira Lithium Project in Minas Gerais State, Brazil. Mr. Misk's 38 years of in-country experience in operational management will strengthen the Company's executive team and its technical and operational capabilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary
Lithium Ionic Corp. (TSXV: LTH; OTCQX: LTHCF; FSE: H3N) has filed an independent technical report for its Bandeira lithium Project in Brazil, showing a post-tax NPV of $1.6 billion, an IRR of 121%, and a 20-year mine life. The PEA results are based on an updated mineral resource estimate, with a feasibility study expected in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.68%
Tags
-
Rhea-AI Summary
Lithium Ionic Corp. (Lithium Ionic) has submitted a Concomitant Environmental and Installation License for its Bandeira lithium Project in Brazil, achieving a major milestone in its development path. The project, covering 175 hectares, is part of a large land package in the 'Lithium Valley' of Minas Gerais State. The company is also undergoing a Feasibility Study, following a successful Preliminary Economic Assessment with promising financial projections.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.64%
Tags
Rhea-AI Summary
Lithium Ionic Corp. (TSXV: LTH; OTCQX: LTHCF; FSE: H3N) reports additional results from the ongoing drilling program at the Bandeira Project in Brazil. The results are part of a 50,000-meter drill program focused on expanding mineral resource estimates and supporting a Feasibility Study planned for early 2024. The company is rapidly advancing Bandeira, situated within the emerging 'Lithium Valley', with significant drill intercept highlights.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.6%
Tags
-
Rhea-AI Summary
Lithium Ionic Corp. (TSXV: LTH; OTCQX: LTHCF; FSE: H3N) announces its participation in upcoming investor conferences, including the Goldman Sachs Global Metals and Mining Conference. CEO Blake Hylands will be presenting at the conference and participating in a lithium panel, aiming to enhance visibility and investor relations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.84%
Tags
-
Rhea-AI Summary
Lithium Ionic Corp. reports additional results from drilling program at the Bandeira Project in Brazil. Multiple intercepts of significant widths and above resource grade demonstrate potential for expansion. Preliminary Economic Assessment showed low-cost mining project with NPV of US$1.6 billion and IRR of 121%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.62%
Tags
Rhea-AI Summary
Lithium Ionic Corp. reports drill results from the Bandeira Project in Brazil, showing significant lithium intercepts. The results are part of a large drill program aimed at expanding mineral resource estimates. The company expects the results to improve the scale and quality of the deposit. Lithium Ionic also reported a new mineral resource estimate for Bandeira, which forms the basis of a preliminary economic assessment supporting a long-life and low-cost mining project. The company is rapidly advancing towards a production decision and is progressing well with permitting activities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
FAQ
What is the current stock price of LITHIUM IONIC (LTHCF)?
The current stock price of LITHIUM IONIC (LTHCF) is $0.53 as of December 20, 2024.
What is the market cap of LITHIUM IONIC (LTHCF)?
The market cap of LITHIUM IONIC (LTHCF) is approximately 90.5M.
What is Lithium Ionic Corp. known for?
Lithium Ionic Corp. specializes in the extraction and production of top-notch lithium products.
What are the key findings of the Bandeira Definitive Feasibility Study?
The study has yielded positive results for the company's mining operations and mineral processing.
What is the estimated initial capital cost for the Bandeira Project?
The initial capital cost is estimated at $266 million with a 15% contingency of $33.7 million.
How long is the projected mine life for the Bandeira Project?
The mine life is projected at 14 years with a sustainable capital projection of $81.4 million.
What sets Lithium Ionic Corp. apart from its competitors?
The company's forward-thinking approach, dedication to project advancement, and optimization opportunities make them a key player in the industry.
What is the focus of Lithium Ionic Corp.'s operations?
The company focuses on the extraction and production of high-quality lithium products.
What recent achievements has Lithium Ionic Corp. made?
The Bandeira Definitive Feasibility Study has been a significant milestone for the company, showcasing positive outcomes for its operations.
What is the significance of the Bandeira Project for Lithium Ionic Corp.?
The Bandeira Project represents a strategic endeavour for the company, with promising results that highlight its potential for growth and success.
How does Lithium Ionic Corp. approach project optimization?
The company is dedicated to identifying and capitalizing on project advancement and optimization opportunities to enhance its operations and market position.
How does the company contribute to the lithium industry?
Lithium Ionic Corp. plays a vital role in the lithium industry by focusing on excellence in extraction, production, and project development, ensuring high-quality products and sustainable growth.
Who are the key contributors to the Bandeira Definitive Feasibility Study?
The feasibility study contributors have played a crucial role in assessing and analyzing the results, providing valuable insights that have shaped the company's strategic direction and operational decisions.
LITHIUM IONIC CORP
OTC:LTHCF
LTHCF Rankings
LTHCF Stock Data
90.47M
90.75M
16.14%
12.69%
Other Industrial Metals & Mining
Basic Materials
United States of America
Toronto