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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.
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Lithium Ionic Corp. announces an agreement with Cemig Distribuição S.A. to facilitate the construction and electrification of power infrastructure for the Bandeira lithium operation in Brazil. The agreement secures low-cost, renewable hydroelectric power for the project and supports the company's goal of fast-tracking production. The feasibility study for Bandeira is expected to be completed in early 2024, following a positive preliminary economic assessment with a post-tax NPV of US$1.6 billion and an IRR of 121%.
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Lithium Ionic Corp. reports positive results from the Preliminary Economic Assessment and updated Mineral Resource Estimate for its Bandeira project in Brazil.
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Lithium Ionic Corp. announces results of annual general meeting
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Lithium Ionic Corp.'s common shares approved for trading on the OTCQX Best Market, increasing exposure to US investors
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Lithium Ionic Corp. reports positive drill results from Bandeira lithium deposit in Brazil, with high-grade lithium intercepts ranging from 1.45% to 1.94% Li2O over various lengths. Results confirm extension of pegmatite and support economic and engineering studies. Preliminary Economic Assessment expected soon. Environmental permitting progressing.
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Lithium Ionic Corp. reports positive drill results from Bandeira and Salinas, showing high lithium grades. Continuity and consistent grades at Bandeira bode well for upcoming mineral resource update and engineering study. Salinas continues to show progress. Company's drilling program aims to upgrade mineral resource classifications and explore potential resource expansion. Project engineering and environmental impact assessment underway. Lithium Ionic engages Harbor Access for investor relations.
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Lithium Ionic Corp. reports initial assay results from Itira and infill drilling results from Bandeira in the lithium-producing region in Brazil.
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Lithium Ionic Corp. has signed a non-binding Memorandum of Understanding with the State Economic Department of Minas Gerais and the Minas Gerais Integrated Development Institute, granting priority status to its Itinga and Salinas Lithium Projects. This could streamline and accelerate the regulatory approval process for environmental licensing and project development.
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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