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:

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 >

"Nemaska Lithium Inc. seems to be coming along quite nicely. The company's Whabouchi lithium project is hosted in a spodumene-bearing pegmatite in Québec that will ultimately produce lithium hydroxide. It's going to be a simple open-pit operation. Nemaska is financing a pilot plant that will produce representative hydroxide material that potential offtakers can see for themselves. . .[lithium hydroxide] trades at a $1,000/ton premium to lithium carbonate. If Nemaska can produce lithium hydroxide in a single step, which so far seems possible, it would certainly make the company, on a production basis, quite competitive with other producers." read more >

"Nemaska Lithium Inc. is a lithium junior pursuing a low-cost production strategy through technology. [Nemaska is focusing largely on lithium hydroxide and has its own pilot plant that it is building.] It definitely could be a differentiator for the company. Some of the research I have done indicates that lithium hydroxide is preferable to lithium carbonate with respect to durability in the battery and that's why we're starting to hear more about it. Nemaska is forecasting production of both lithium hydroxide and lithium carbonate to diversify supply somewhat. At current prices, lithium hydroxide allows for wider margins." read more >

"Nemaska Lithium Inc. is focusing on lithium hydroxide, and I believe that this is a very interesting opportunity to companies such as Nemaska Lithium that are developing hard rock mineral deposits. Lithium hydroxide use is going to increase due to the development of the battery industry, mainly for electric cars. Lithium hydroxide works better in some cathode materials for lithium-ion–type batteries than lithium carbonate." read more >

"Nemaska Lithium Inc. is a hard-rock project in Québec I'm monitoring. The company is focusing on the lithium hydroxide market and less on the lithium carbonate market due to favorable economics. Additionally, with the majority of lithium hydroxide being produced in China, the ability to offer a secure source of battery-grade material to the automotive industry is a key advantage Nemaska is looking to obtain. . .2015 is a pivotal year for Nemaska. The company is aiming to construct a small-scale pilot plant with the capacity for 500 tonnes per year (500 tpa) each of lithium carbonate and lithium hydroxide. The total cost is estimated at $38M and the company is currently working on arranging the financing. The goal is to prove to larger potential offtake partners that its process works and can produce a lithium product that can be scaled into existing supply chains. . ." 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

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