Information in this presentation correct as of 17/05/2018
Nemaska Lithium (TSX:NMX and OTCQX:NMKEF) is building one of North America’s richest and largest hard rock lithium mines and lithium salts (LiOH and Li2CO3) processing facility through a unique deposit in Nemaska and a state-of-the-art electrochemical plant in Shawinigan, both located in the province of Quebec, Canada. The project is permitted making it one of the next fully integrated lithium salts suppliers in the world.
Once in commercial production, Nemaska Lithium is projecting to be one of the world’s lowest cost producers of lithium hydroxide and lithium carbonate. (source – NI43-101 compliant feasibility study of January 8, 2018)
Currently Nemaska Lithium expects to complete its project financing in Q2 2018 and has a 12 month construction and commissioning time for the mine and 24 months for the electrochemical plant. Qualification of Nemaska Lithium’s lithium salts with key customers began in 2017 through its Phase 1 Plant which is producing commercial lithium hydroxide samples for customers.