Nemaska Lithium Inc.

Nemaska Lithium Inc. is a development company with a high-grade lithium asset and patent-pending processes to produce high purity lithium hydroxide and lithium carbonate using electrolysis technology. The company's key asset is the Whabouchi deposit located in Quebec, Canada. At an average grade of 1.53% Li2O, it is the second richest hard rock deposit in the world. Nemaska Lithium has also developed a proprietary process to produce lithium hydroxide, a compound which is expected to outpace all other raw materials (including lithium carbonate) in battery applications. Nemaska Lithium is predicting to produce lithium hydroxide at competitive prices to its peers and, in many instances, at a lower cost.

Expert Comments:

Teresa Matich, Lithium Investing News (11/22/15)
"Last week, Nemaska Lithium Inc. signed a memorandum of understanding regarding its Quebec lithium project with Johnson Matthey Battery Materials. . .subject to final due diligence and agreements, the collaboration between Nemaska and Johnson will include an upfront payment of CA$12M for Nemaska's phase 1 lithium production plant in Shawnigan, Quebec, with provisions for a long-term lithium carbonate and lithium hydroxide supply agreement for Johnson's battery products."

David Talbot, Dundee Capital Markets (11/20/15)
"The memorandum of understanding Nemaska Lithium Inc. signed with Johnson Matthey Battery Materials contemplates a $12M cash pre-payment in exchange for services and lithium hydroxide/lithium carbonate equivalent products from the Whabouchi project, Quebec City. It includes provisions for signing of a long-term offtake, which may help financially derisk the full project. . .this provides Nemaska's share of funding for the phase 1 demo plant."

"We follow Nemaska Lithium Inc. fairly closely because it is the most viable in that part of Quebec after the bankruptcy of RB Energy Inc. Nemaska is now getting the financing commitment secured for its plant on the St. Lawrence Seaway. Financing is a hurdle of about CA$25 million that I think the company is looking forward to clearing in coming weeks and months. It recently received the Canadian patent on a hydrolysis process and has already shown that it can directly produce a lithium hydroxide, so Nemaska Lithium plans to go that route at this time." read more >

Henry Lazenby, Mining Weekly (10/21/15)
"Nemaska Lithium Inc. has obtained a Canadian patent for its new process of preparing lithium hydroxide and lithium carbonate from spodumene sources using membrane electrolysis. . .the company has also recently filed a patent application in the U.S. regarding a new electrochemical process for making lithium hydroxide. In total, Nemaska now owns rights to 13 pending patent applications that represent seven different patent families."

Jon Hykawy, Stormcrow Capital (9/1/15)
"Nemaska Lithium Inc. represents the new wave of lithium production; Nemaska's Whabouchi Project will use a well-trodden technology, membrane electrolysis, to convert hard-rock lithium ore to lithium hydroxide. This technology has already been proven in pilot-scale work in Canada, but the company plans to reduce time-to-market even further by building a Phase I commercial demonstration plant that will reduce commissioning time for the full commercial plant while providing qualification samples for customers. . .for the price, our analysis suggests this strategy is undeniably the right one. . .we are initiating coverage on Nemaska with a Positive recommendation."

"One of the notable lithium companies is Nemaska Lithium Inc., which is developing the Whabouchi lithium property in Québec." read more >

More Expert Comments

Experts Following This Company

Chris Berry, Founder – House Mountain Partners LLC.
Daniela Desormeaux, General Manager – SignumBOX
Jon Hykawy, Analyst – Stormcrow Capital
Andrew Miller – Benchmark Mineral Intelligence
Simon Moores, Manager – Benchmark Mineral Intelligence
Paul Renken, Senior Geologist – VSA Capital
David Talbot, Vice President, Senior Analyst – Dundee Capital Markets

The information provided above is from analysts, newsletters and other contributors. Please contact the company and visit its website before making an investment decision.
Investing Highlights
World Class Lithium Asset With Positive Feasibility Study
Proprietary technology to produce highest quality lithium hydroxide at lowest costs
Seasoned and experienced management team of Lithium experts