Sayona is dedicated to the exploration and development of lithium deposits, the raw material used in the manufacture of lithium batteries. The company is working on the development of various projects mainly located in Quebec. The North American Lithium Complex will start production in Spring 2023, which will become a cornerstone of the lithium division it wishes to establish in Abitibi-Témiscamingue, together with the Authier and Tansim Projects. Sayona also holds a 60% stake in the Moblan Project and 100% of Lac-Albert Project, both located in Eeyou Istchee Baie-James. The company is a subsidiary of Sayona Mining Limited, which is listed on the Australian Securities Exchange (ASX:SYA; OTCQB:SYAXF).
Cash: AUD$97.9M
Debt: NIL
Major shareholders: