An emerging lithium producer that aims to fast-track multiple projects into production by 2020

LSC Lithium Corporation | March 9, 2017 | 2:23 pm

LSClogoWorld-Class Portfolio
LSC Lithium Corporation (LSC-TSXV) has amassed one of the world’s largest portfolio of lithium brine salars, with approximately 270,000 hectares owned or under option in the “Lithium Triangle” in Argentina.

Portfolio

Not all properties under option are noted on the above figure. Rincón is not an LSC property and is owned by Enirgi Group (placed on map to show location).

 

Innovative Business Model Provides Clear Path to Production

LSC has reached a strategic partnership with Enirgi Group with the goal of fast-tracking several lithium development projects into production by 2020. Enirgi Group’s Direct Xtraction Process Technology (DXT) is a disruptive, low-cost technology that extracts lithium from unconcentrated brine to produce lithium compounds in less than 24 hours. By utilizing DXT technology, LSC does not have to rely on costly solar evaporation pond networks that are known to have a significant environmental footprint and require a 12+ month timeline to production. LSC has exclusive rights to use Enirgi Group’s technology in Argentina, and expects to start testing brines at its demonstration plant in Q2 2017.*

TechVSConv

Superior Leadership

LSC’s senior leadership has a track record of successful industry disruption and value creation for shareholders. Wayne Richardson, President and Chief Executive Officer, also leads Enirgi Group, which specializes in delivering market-changing business models to the natural resource sector. LSC director and co-founder Stephen Dattels was a senior executive at Barrick Gold Corporation during its formative years in the 1980s. He subsequently financed many successful mining ventures, including UraMin Inc. which was sold for US$2.5 billion in 2007.

Lithium – A Critical Commodity

Global lithium demand is forecast to rise more than four-fold by 2025** as global production of electric vehicles accelerates. Lithium supply is constrained due to a shortage of economically viable projects, as well as significant political and regulatory hurdles.

*Please refer to LSC’s corporate website, investor presentation, and “Cautionary Note on Future Production by LSC” which can be found in LSC’s Corporate Presentation https://www.lsclithium.com/investor-centre/default.aspx

**Source: Morningstar