Lithium Ionic Corp

Lithium Ionic offers a compelling investment opportunity with its advanced-stage Bandeira Lithium Project, which is positioned to be one of the lowest-cost hard rock spodumene projects globally. The project boasts an 18.5-year mine life with average annual production of 177,000 tonnes of 5.2% Li₂O spodumene concentrate (22.8 ktpa LCE) and peak throughput of 1.3 Mtpa ore. 

The feasibility study highlights a post-tax NPV of US$1.45 billion and an IRR of 61%, underpinned by robust project economics using conservative spodumene price forecasts of US$1,392/t SC6 (2026-2028) and long-term US$2,300/t SC6. With an estimated operating cost of US$378 per tonne of concentrate and initial capex of only US$191 million, Bandeira stands out for its capital efficiency and cost competitiveness, ranking among the best lithium projects worldwide. 

The company's strategic location in Brazil's Lithium Valley, a top-tier mining jurisdiction with streamlined permitting and government support for lithium development, positions it as a responsible and sustainable mining operator ready to capture growing global lithium demand.​

Lithium Ionic Corp. is led by a seasoned management team with deep expertise across Brazilian mining, project development, and corporate finance. CEO Blake Hylands, a Professional Geoscientist, brings over 15 years of international experience in advanced exploration and capital markets, having co-founded Troilus Gold where he led the discovery of over 8Moz AuEq. 

President Helio Diniz contributes over 40 years in the mining sector, including as former Managing Director Brazil for Xstrata (Glencore) where he discovered the Araguaia Nickel Deposit, and has founded several successful mining companies including Brazil Potash. 

COO Mike Westendorf, a professional engineer with 20 years of diversified mining operations experience, most recently served as Director of Operational Excellence for Copper Mountain Mining Corp. 

The financial strategy is guided by CFO Tom Olesinski with 25+ years of finance and executive management experience, while VP Exploration Carlos Costa, with approximately 40 years of Brazilian exploration experience, manages the technical programs.​

Lithium Ionic is executing a comprehensive growth plan focused on advancing its flagship Bandeira Lithium Project to production while emphasizing operational excellence and sustainability. The company has completed its feasibility study in September 2025 and submitted its construction permit application in November 2023, targeting full-scale construction following permit approval and commissioning by 2026-2027. 

This development timeline supports a significant 18.5-year mine life, establishing Bandeira as a major long-term lithium concentrate operation. Environmental stewardship is central to the strategy, with the company pursuing an underground mining approach that moves 16 times less rock than open pit, DMS processing that minimizes water and chemical use, and hydroelectric grid power secured through a partnership with Cemig. While the project already contains substantial mineral reserves of 23.2Mt at 1.10% Li₂O, the company continues aggressive exploration across its 14,668 ha land package to expand its 68.6Mt global resource base and extend production potential.​

As of November 2025, Lithium Ionic Corp. is well-positioned financially, with a strong asset base and strategic focus on advancing its flagship Bandeira Lithium Project. The company benefits from a highly capital-efficient project requiring only US$191 million initial capex (28% lower than the 2024 study), with sustaining capex of US$100 million over the mine life. The project is expected to generate average annual post-tax free cash flow of US$208 million (years 3-18), with total life-of-mine concentrate production of 3.2 million tonnes (411 kt LCE). 

Bandeira is projected to deliver exceptional financial returns with a post-tax NPV of US$1.45 billion at an 8% discount rate and an IRR of 61%, with a payback period of just 26 months. The company maintains a disciplined capital structure with approximately 184.7 million shares outstanding, ~C$140 million market capitalization, and strong institutional support. With favorable economics, low operating costs of US$378/t concentrate, and recent financing of ~C$18.3 million, Lithium Ionic is well-positioned to advance Bandeira toward full-scale production.​

Lithium Ionic Corp. is on the verge of becoming a major player in the global lithium industry, with its flagship Bandeira Lithium Project positioned as Brazil's next major lithium producer. With an 18.5-year mine life, significant lithium resources of 68.6Mt (2.1Mt LCE), and a commitment to responsible mining practices, Lithium Ionic offers a unique investment opportunity in a top-tier jurisdiction. The company's strong management team, capital-efficient strategy leveraging regional infrastructure and RTEK expertise, and dedication to environmental, social, and governance standards position it for long-term success. 

As Lithium Ionic advances through key project milestones—from permit approval and engineering to construction and eventual production—the company is well-positioned to deliver robust returns, benefiting from favorable market conditions and growing global demand for lithium to support the EV transition. For investors seeking exposure to a near-term, de-risked lithium project with exceptional economics and significant growth potential, Lithium Ionic Corp. presents an attractive opportunity in the rapidly expanding battery materials sector.