Energy from Experience
Stock Code:
TSXV: LIT | OTC: PNXLF | FSE: OAY2
Company Exposure:
Lithium
Project Locations:
Argentina
Argentina Lithium & Energy Corp is focused on acquiring high quality lithium projects in Argentina and advancing them towards production in order to meet the growing global demand from the battery sector. The company’s 2023 major strategic investment by Peugeot Citroen Argentina S.A., a subsidiary of Stellantis N.V., one of the world’s leading automakers, places Argentina Lithium in a unique position to explore, advance, and develop its four key projects covering over 67,000ha in the Lithium Triangle of Argentina. Management has a long history of success in the resource sector of Argentina and has assembled some of the most prospective lithium properties in the Triangle, which produces approximately half of the world’s lithium.
Investment Highlights
Projects include large claim blocks on four salars strategically located near key infrastructure, with year-round access
- Funded for two years of drilling costs to advance multiple projects
- Stellantis ownership in LIT: 19.9% (in Argentina subsidiary with exchange right to LIT shares provided) Offtake Guarantee: Up to 15,000tpa over seven years, extendable
- The company management maintains a strong focus on the environment, the communities, and the cultures in the areas where it operates
