LiTHOS Technology
Primary ticker: CBOE:LITS
Stage of development: Development
Primary minerals:
Lithium / Mining Technology: Lithos specializes in sustainable lithium extraction using its proprietary direct lithium extraction (DLE) technology and AcQUA™ technology.
Project to promote:
AcQUA™ & TiERRA™ Technologies LiTHOS is showcasing its AcQUA™ technology, a game-changing pre-treatment solution that significantly improves the lithium extraction process by eliminating the need for evaporation ponds. This technology has been validated through a strategic partnership with Sociedad Quimica y Minera de Chile (SQM), one of the largest lithium producers globally. Additionally, the TiERRA™ technology complements AcQUA™ by providing a post-DLE solution that enables the environmentally responsible re-injection of spent brine, further reducing the environmental footprint of lithium extraction.
Project location: LiTHOS is currently focused on projects in North and South America, with key operations in the United States (Bessemer, Alabama) and partnerships in Chile and Argentina.
Website: lithostechnology.com
LiTHOS Group Ltd. is a pioneer in sustainable lithium extraction technologies, driving innovation with its proprietary AcQUA™ and TiERRA™ processes. These solutions enhance lithium recovery while significantly reducing the environmental impact, addressing critical industry challenges such as fresh water depletion and chemical contamination. LiTHOS’s partnerships with industry giants like SQM validate its competitive edge in the rapidly growing lithium market. As the world transitions to electric vehicles and renewable energy storage, LiTHOS is poised to play a crucial role in supplying high-purity lithium sustainably.
Cash: CAD 691,178
Debt: CAD 550,000
Major shareholders:
Scott Taylor 22.5%
Fredrik Klaveness 18%
Cronin 8%
Fountain 8%
Management Ownership -58.6%
Financials
Management Profile
Scott Taylor, CEO of Lithos Group Ltd., has over 20 years of experience in the energy and mining sectors. Under his leadership, Lithos is driving innovation in lithium extraction with the development of its proprietary AcQUA™ technology. Scott has spearheaded partnerships with industry giants to validate and scale these technologies, positioning Lithos as a key player in the lithium supply chain.
What is your rationale for taking part in 121 Mining Investment?
Lithos is participating in the 121 Mining Investment conference to showcase its innovative lithium extraction technologies, including AcQUA™ and TiERRA™. This event provides a platform to connect with investors who are focused on sustainable, scalable solutions in the rapidly growing lithium market. With the global shift towards electric vehicles and renewable energy, the demand for lithium is surging, and Lithos is uniquely positioned to meet this demand with environmentally friendly and efficient solutions. The event is also an opportunity to engage with investors who can provide both on-market support and strategic partnerships for further expansion.
We are particularly looking to meet investors who are focused on sustainable technologies, the electric vehicle supply chain, and energy storage solutions. While we do not have an immediate raise planned, we are always open to strategic partnerships and potential future funding to support the scaling of our technologies. New developments include the positive test results from our collaboration with SQM, as well as upcoming contract announcements in the U.S. for the commercial deployment of AcQUA™ and TiERRA™ technologies.
What recent news would you like to highlight to investors attending?
September 19, 2024: LiTHOS provides Q3 corporate update, highlighting significant advances in AcQUA™ and TiERRA™ technologies and the partnership with Sociedad Quimica y Minera de Chile (SQM).
August 2024: Successful pre-treatment testing with two multinational corporations in the specialty chemicals and mining industries, utilizing AcQUA™ technology.
October 2024 (Expected): Contract announcements for new lithium extraction projects in Marcellus, PA, and Smackover, AR, marking commercial deployment milestones for both AcQUA™ and TiERRA™ technologies.
What are your key goals in 3 months, 6 months, 12 months?
3 Months:
Further implementation and validation of the AcQUA™ technology in ongoing lithium extraction projects.
6 Months:
Expand partnerships and pilot programs with lithium producers in South America and the U.S., focusing on increasing lithium yields through sustainable methods.
12 Months:
Secure long-term contracts for the commercial use of AcQUA™ and TiERRA™ technologies and scale production capabilities to meet increasing demand.
What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?
Key challenges include:
Technological Adoption: Direct Lithium Extraction (DLE) is still a relatively new technology, and it may take time to convince traditional lithium producers to transition from evaporation ponds to DLE. Lithos is overcoming this by working with industry leaders like SQM to validate and demonstrate the effectiveness of AcQUA™ technology.
Capital Requirements: Scaling pilot projects to full commercial production requires significant investment. Lithos is addressing this through strong investor engagement and strategic partnerships, allowing us to expand while managing costs.
What do you think makes your company such a compelling investment?
What are the top 3 key investor takeaways?
1. Sustainable Innovation: Lithos is at the forefront of sustainable lithium extraction with AcQUA™ and TiERRA™ technologies, offering eco-friendly solutions that reduce water usage and contamination.
2. Market Potential: With global demand for lithium expected to grow 4.5x by 2035, Lithos is strategically positioned to capitalize on this trend, providing cutting-edge, scalable solutions for the lithium market.
3. Strategic Growth: Lithos has established strong partnerships with key players in the lithium industry, such as SQM, and is actively expanding in North and South America. The company’s technology is poised for widespread commercial deployment.