The Next Major Lithium Producer
Stock Code:
TSX-V: NLC | OTCQX: NTTHF | FSE: NE2
Company Exposure:
Lithium
Project Locations:
Catamarca, Argentina
We are on the cusp of a global energy transformation on the back of the lithium-ion battery technology. In the near future, the lithium industry will face the challenge to increase production to meet the demand required for the electrification of transportation. Neo Lithium’s 3Q Project is the pre-eminent lithium brine asset in the world to meet this demand. We aim to become one of the most sustainable lithium producers in the market by designing energy efficient facilities, minimizing carbon footprint in our operation, minimizing freshwater consumption, and promoting a sustainable future for the community and the industry.
Investment Highlights
Located in the Lithium Triangle:
- 40% of global production
- 90% of Brine Resources
- 3Q Project is 100% owned and NLC controls entire salar
- Excellent access with current infrastructure
High Grade, Low Impurities and Large Resource & Reserve:
- 3rd highest lithium brine grade in the world ~ > 1000 mg/l Lithium
- Lowest critical impurity content in the world (So4&Mg)
- P&P Reserves 1.3 Mt LCE
- M&I Resources 4.0 Mt LCE
- Inferred Resource 3.0 Mt LCE
Proven Processing:
- Similar process producing in the region >20 years
- Fully functional laboratories, pilot scale ponds and plant
- 3Q Project pilot plant producing battery grade lithium carbonate 99.6%
Outstanding Results:
- Pre-feasibility Study complete
- 20ktpa lithium carbonate annual production with post-tax PFS result of US$1.2B NPV8% IRR and payback of< 2 years
- Full Feasibility ongoing with strategic partner CATL
Best in Class:
- Low impurity = Low OPEX
- US$2,914/t OPEX is lowest quartile in the industry
- High grade = low CAPEX
- ~US$16,000/t CAPEX intensity is the lowest of any greenfield development
Strategic Investor/ Proven Team:
- Strong strategic partner – CATL
- Very strong technical domestic lithium experience
- Permits in place. EIA approval imminent
- Fiscal stability in the place
- Strong w/c and best in the class institutional ownership
