James Bay Minerals
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Sayona Mining
Crux Investor Index
5
–
Market Cap (USD)
96750000
Symbol
ASX:SYA
OTCQB:SYAXF
Stage of development
Development
Primary COMMODITY
Lithium
Additional commodities
No items found.
Sayona Mining Limited is a North American lithium producer focused on developing lithium projects in Québec, Canada, and Western Australia. Sayona’s flagship projects are the North American Lithium (NAL) mine and the Moblan Lithium Project, located in Québec.
Sayona Mining's NAL is the largest lithium mine in North America with a resource of 75.4Mt @ 1.18% Li2O. It restarted operations in March 2023 and has ramped up production of spodumene concentrate. In addition, the Moblan Lithium Project is an emerging hard-rock lithium deposit with a resource of 70.9Mt @ 1.15% Li2O and is progressing through a Definitive Feasibility Study.
In Western Australia, Sayona has a portfolio of gold and lithium exploration projects in the Pilbara region. The company also has a 60% interest in the Authier Lithium Project in Québec.
Sayona has evolved from a developer to a producer of lithium concentrate from its NAL mine. The company is progressing studies to further develop its lithium assets in Canada to support the battery and electric vehicle supply chain in North America as Sayona aims to become a leading global supplier of lithium products.
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