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Li3 Lithium Corp.

  • Location: Zimbabwe
  • Tickers: FSE:WD9, TSXV:LILI
  • Commodities: Lithium
  • Project Stages: Development, Exploration

Li3 Lithium Corp. is focused on acquiring and developing hard rock spodumene lithium assets in Zimbabwe and the Americas, where the founders have significant experience and relationships.  As evidenced by recent market growth, hard rock lithium deposits are forecast to continue to dominate the global supply of lithium given the scarcity, complexity and capex-intensive nature of alternative brine sources.  Li3 Lithium trades on the TSX Venture Exchange under the symbol 'LILI' and on Frankfurt Stock Exchange under 'WD9'.  

Li3 Lithium has acquired its first lithium project in Zimbabwe and is evaluating additional acquisition opportunities in Africa.  In the Americas, the Company’ is leveraging the success of the founders’ previous TSX Venture-listed Argentine lithium brine company (LSC Lithium Corporation) that was sold in 2019 for $100+ million. 

In 2022, Li3 Lithium acquired a 50% interest in Li3 Resources Inc., a private, lithium focused exploration company founded and backed by senior mining executives with prior success in the lithium industry. Li3 Resources has entered into a binding joint-venture agreement to acquire up to a 50% interest in the Mutare Lithium Project from London AIM-listed Premier African Minerals Limited.

The Mutare Lithium Project consists of 1,500 hectares of licenses within the Mutare Greenstone Belt of Zimbabwe, located close to the eastern border with Mozambique. The area was deemed prospective for lithium-cesium-tantalum (LCT) type pegmatites based on prior target generation work.  Management believes the lithium exploration potential of the Mutare Greenstone Belt is analogous to that of the Pilbara Craton pegmatites in Western Australia.

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* 14 June 2024 (EUR)

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* 13 June 2024 (CAD)