Extracts and processes lithium-bearing spodumene pegmatites using advanced exploration and development techniques. Testing has confirmed production of battery-grade lithium hydroxide from the CV5 spodumene pegmatite. Site benefits from all-season road access and proximity to power infrastructure, positioning it as a key supplier for EV battery supply chains in North America and Europe.
Produces spodumene concentrate for lithium extraction and battery-grade lithium hydroxide. Offtake agreement provides 100,000 tpa spodumene concentrate. High-grade resources include CV5 and CV13 spodumene pegmatite deposits.
In 2025 secured a partnership with Volkswagen and PowerCo: C$69 million investment and a binding 10-year offtake for 100,000 tpa spodumene concentrate. Expanded the high-grade Vega Zone at CV13 with drilling intercepts up to 31.2 m at 3.35% Li2O.
Volkswagen Group invested C$69M for a 9.9% stake in 2025; Albemarle Corporation invested C$109M for a 4.9% stake in 2023.