We are a Canadian-based lithium-focused mining company committed to supporting the global energy transition by developing a high quality commercial grade lithium operation economically and sustainably.
Assets located in a mining-friendly jurisdiction
Properties cover 14,182 ha in Minas Gerais, Brazil; the country's most favourable mining jurisdiction known for its highly efficient and expeditious permitting process
Established lithium-producing district
Claims located within 500m from CBL's Cachoeira lithium mine and <4km from lithium producer Sigma Lithium (85.6Mt at 1.43% Li2O)
High-quality hard-rock lithium
Low technical risk spodumene processing: high lithium content and high extraction rate. Lithium Ionic's drill results returning similar material/grade as nearby lithium producers
Growing lithium demand
The transition to green energy has made lithium one of the most sought-after metals. According to Benchmark Minerals Intelligence, demand for lithium carbonate equivalent (LCE) is set to increase to 2.4Mt in 2030, compared to around 600,000t in 2022, which is expected to lead to a growing supply-demand gap.
Proven Brazilian Team
Over 80 years of cumulative experience in exploration and mining in Brazil, complemented by a strong technical and capital markets team based in Toronto, Canada.
Near-term catalysts & high re-rate potential
Actively drilling with an initial Mineral Resource estimate expected in Q2 2023. Infrastructure and regional proof-of-concept greatly reduces project risk and provides compelling valuation goal posts (Sigma Lithium valued at ~US$4bn in May 2023)