Lithium Ionic Corp Unveils Strong Bandeira Project Economics

Lithium Ionic Corp (TSE:LTH) has released an update.

Lithium Ionic Corp. announces the filing of an NI 43-101 compliant technical report for its Bandeira Lithium Project in Brazil, demonstrating strong economic potential with a projected 14-year mine life and low production costs. The feasibility study reveals an after-tax net present value (NPV) of US$1.3 billion and an impressive internal rate of return (IRR) of 40%, positioning the project as economically viable with a low environmental impact design.

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