Green Technology Metals Limited (GT1) is an Australian-based lithium exploration and development company focused on establishing North America’s first integrated lithium production facility in Ontario, Canada. The company aims to create a complete supply chain from mining to chemical production, addressing the growing demand for battery materials in the electric vehicle industry. With strategic partnerships including LG Energy Solution, AMCI Group, and Lithium Americas Corp., GT1 manages substantial lithium assets across Ontario, including 56,000 hectares of prospective land containing high-grade spodumene deposits.
Battery Technology
GT1’s technological approach centers on developing an integrated lithium production system through a three-stage strategy. The first stage involves spodumene concentrate production at the Seymour Lithium Project, scheduled to begin operations in 2026. The second stage focuses on establishing a lithium conversion facility in partnership with EcoPro Innovation, incorporating advanced extraction technologies for producing battery-grade lithium hydroxide.
The company’s processing technology utilizes sophisticated hydrometallurgical methods to convert spodumene concentrate into lithium chemicals suitable for EV batteries. This process is designed to meet strict quality standards required by battery manufacturers while maintaining environmental sustainability. GT1’s planned Thunder Bay processing plant will implement modern automation systems and quality control measures to ensure consistent production of high-purity lithium materials.
Recent Projects
In March 2024, GT1 announced expanded exploration targets and positive drill results from their Ontario properties. The company secured a Letter of Interest from Export Development Canada for up to C$100 million in financing support for the Seymour Lithium Project. Additionally, GT1 initiated planning for a lithium processing plant in Thunder Bay, scheduled to commence operations by 2030, marking a significant advancement in North American lithium processing capabilities.
Investors
GT1’s investor base includes several strategic partners in the battery and mining sectors. EcoPro Innovation Co., Ltd. holds 16.46% ownership following an AUD 8 million investment in August 2024. Vale S.A. maintains a 9.379% stake, while NRW Holdings Limited owns 4.025%. Other notable investors include Lithium Americas Corp. with 3.421% and Ardiden Limited with 3.357%. These partnerships demonstrate strong industry confidence in GT1’s development strategy.
Business Details
Location: Subiaco, Western Australia (Head Office) and Thunder Bay, Ontario (North American Operations)
Website: https://greentm.com.au
LinkedIn: https://www.linkedin.com/company/green-technology-metals/