Lithium is a critical commodity

Lithium is an important element with many end uses, but it is most commonly known for its powerful electrochemical properties that are harnessed in the form of efficient, light-weight, lithium-ion batteries. This critical commodity keeps our world charged and connected, and has a significant role to play in the continued development and expansion of renewable, clean energy to power our world. As the demand for lithium increases, new production will need to come online to satisfy global demand.

To this end, LSC was established to acquire, explore and develop lithium projects in northern Argentina and aims to sustainably fast-track several of its lithium projects into production to supply high-quality lithium products to global markets.*

Industry-leading lithium deposits

  • Large land package of high-quality prospective lithium salars located in the provinces of Salta and Jujuy, Argentina, in the heart of the “Lithium Triangle.”
  • LSC's land package currently includes over 300,000 hectares covering 12 different salars in Northern Argentina.
  • LSC is pursuing an aggressive growth strategy with plans to add further high-quality lithium deposits through acquisitions.
  • Exploration programs underway to develop a Preliminary Economic Assessment (PEA) and define mineral resource estimates for our six major development stage lithium projects: Pozuelos, Pastos Grandes, Salinas Grandes (Salta), Salinas Grandes (Jujuy), Rio Grande and Jama.

Strategic Relationship with Enirgi Group Corporation

  • Strategic relationship with Enirgi Group Corporation (Enirgi Group) – the owner of the Rincón Lithium Project (through ADY Resources Limited) at the Salar del Rincón, Salta, Argentina and developer of the Direct Xtraction Process Technology (DXP Technology) for processing raw brine directly into lithium compounds without solar evaporation.
  • LSC to advance the commercialization of its salars in conjunction with Enirgi Group’s planned future Regional Processing Facility (RPF) at the Salar del Rincón in Salta Province, Argentina.*

Fast-track to production

  • LSC is undertaking an accelerated exploration program at its development projects with a focus on delivering NI 43-101 compliant mineral resource statements in the near term.
  • Enirgi Group has agreed to work exclusively with LSC in Argentina to identify the most economic solution to purify and process brines from LSC’s salars, utilizing Enirgi Group’s DXP Technology, and convey such product to a future Enirgi Group RPF for processing into lithium compounds.
  • Under a binding MOU, LSC has rights to supply brine to a planned RPF at Enirgi Group’s Salar del Rincón project to meet at least 25% of expected future production at RPF.

Growth in lithium market

  • The lithium market is in the early stages of a period of outsized, sustainable growth. It is anticipated that demand and supply will be moving out of balance in the coming years, driven by growth in electric vehicles and energy storage.
  • Lithium demand is projected to increase 17% per year from approximately 200,000 tonnes lithium carbonate equivalent (LCE) in 2016 to 1 million tonnes LCE in 20261.
  • The market is highly constrained with few major players. Incumbent lithium producers have minimal ability to boost output. Junior companies are struggling with technical, financial and political hurdles.

Superior management and board experience

  • Management has a successful track record of developing international mining projects from initial exploration to start-up.
  • President and Chief Executive Officer, Ian Stalker, is a seasoned international mining executive with over forty-five years of hands-on experience in resource development, mine construction and operations in Europe, Africa, South America and Australia.
  • Chairman Stephen Dattels was the founder of many successful resource companies that were taken from exploration to production stage.

*Information on this web page contains forward-looking statements. See “Forward-Looking Statements” and “Cautionary Note on Future Production by LSC” under the Legal Notice section of this website for important information and qualifications.

Roskill, May 2017.