Nemaska Lithium

Primary ticker: TSX:NMX
Stage of development: Development
Primary minerals: Lithium
Project to promote: Whabouchi Project

Live financials

Nemaska Lithium (TSX:NMX and OTCQX:NMKEF) is building North America’s richest and largest hard rock lithium project and lithium hydroxide processing facility through a unique deposit in Nemaska and a state-of-the-art transformation plant in Shawinigan, both located in Québec, Canada. The project is fully permitted and construction has begun. Once in commercial production, Nemaska Lithium is projecting to be the lowest cost producer of lithium hydroxide.

Management Profile

Wanda Cutler and Victor Cantore – Investor Relations

Both Wanda and Victor have been with Nemaska Lithium since the Company’s public listing in 2009 and work closely with the Company’s CEO Guy Bourassa, Acting as Company spokespersons, Wanda and Victor frequently speak at national and international conferences on the lithium market and Nemaska Lithium as an emerging producer.

What is your rationale for attending 121 Mining Investment?

Nemaska Lithium is looking to increase its exposure to an international investor base. The Company recently completed a CDN 1.1B project financing and is currently evaluating options to raise addition capital to complete the project. The mine is in the advanced construction stage and detailed engineering of the electrochemical plant is nearing completion.

What recent news would you like to highlight to investors attending?

Nemaska Lithium is currently producing from its Phase 1 Plant which uses commercial technology to produce samples of lithium hydroxide to be sent to customers globally. Feed back from customers on product quality has been excellent to date and qualification of lithium hydroxide has begin with key customers. To date Nemaska Lithium has signed two take-or-pay off take agreements with Johnson Matthey, LG Chemicals and Northvolt. The company is currently focused on finalizing the commercial project financing.

What are your key goals for the next 3, 6 and 12 months?

3 Months:

Nemaska Lithium is currently pursuing two paths to complete the project financing, which include raising capital through equity as well as a M&A path. The Company expects to complete the project financing in a timely fashion to enable it to continue construction at both sites.

What do you see as the key risks and challenges facing your company at the moment and how are you overcoming these?

Accessing the final capital needed to complete construction. In addition execution risk is also a challenge. We have recently made some organizational changes including the hiring of a new VP Operations that will lead project construction going forward.

In a sentence, what do you think makes your company such a compelling investment?

Nemaska Lithium’s project has significantly derisked from a year ago when the initial project financing was completed. The mine is partially built and construction continues there, likewise the electrochemcial plant is also quite advanced in terms of the detailed engineering which is continuing with construction put on hold until financing is complete.