Neolithica

Neolithica is an emergent Canadian lithium producer targeting the production of battery-grade lithium compounds. NeoLithica’s mission is to rapidly bring lithium production on stream by pairing leading-edge direct lithium extraction technology and processes and it’s optimally located mineral tenure overlying highly productive porous reef trends in NW Alberta.
The company's project area is situated in northwestern Alberta with 340000 hectares (1315 sq. miles) of metallic and industrial mineral permits. A direct lithium extraction process is the key to separating this critical mineral from lithium-bearing brines. NeoLithica’s licensed DLE system and processes have the potential to vastly reduce the recovery time and cost of directly extracting lithium from brine. NeoLithica’s maiden NI 43-101 technical report on its lithium tenure will be published in May 2022 and the company anticipates conducting its demonstration pilot program involving the direct lithium extraction (DLE) from produced brine which is then to be refined into battery-grade lithium carbonate in Q3 2022. Detailed reservoir and brine production engineering studies will follow in advance of commissioning a Preliminary Economic Assessment (PEA).