Our Story
Stria: A new source and a new process
for technology lithium
Stria is a new TSX Venture-listed junior exploration company focused on the emerging green energy revolution. The company’s principal asset is the Pontax-Lithium property, located in the James Bay territory of Northern Quebec.
Lithium is considered a key, strategic energy metal in the clean technology economy that is being fuelled by advances in electric vehicles, energy storage and electronics. The U.S. Department of Energy has identified lithium as a critical material whose demand is forecast to grow dramatically in the medium term, with rechargeable lithium batteries leading the way. Demand for lithium carbonate is forecast to exceed global supply by 2025 unless capacity is tripled beginning in 2015 (Source: Critical Materials Strategy – U.S. Department of Energy, 2010).
Along with Li-ion batteries for the electric vehicle (EV) market, lithium is also used in glass products, ceramics, lubricant greases, air conditioners and aluminum production. (Please click here for more information on lithium.). As more lithium shifts to the growing clean tech economy and supplies tighten, demand for lithium carbonate and other specialized lithium-based products is expected to rise, along with prices.
Sights set on global market
Stria, through a business plan combining strategic alliances and property acquisition, aims to be among an elite group of Canadian producers helping to drive the clean tech economy through the provision of a dependable supply of “home-grown” lithium carbonate — lithium resources are currently concentrated in South America and Asia — and through investigation of innovative mineral processing and purification technologies for primary lithium-spodumene ore.
For example, Stria plans to introduce proprietary on-site processing technologies that produce high purity lithium chloride directly from spodumene ore on an environmentally sustainable basis. (Please click here to view the news release announcing the new technologies). While in keeping with our green philosophy, this simpler, more efficient recovery method at the source offers the potential to bring high-purity lithium products to market on a cost-competitive basis with lithium brine producers.
For us, technology innovation is a key that can unlock the door and help move Stria into an established global market while helping to build a home-grown lithium industry. Our Pontax-Lithium property in Quebec is strategically located in the west-central James Bay territory, which is known for its lithium occurrences. The property, which Stria acquired from Khalkos Exploration Inc. in 2013, is host to a recently discovered swarm of a dozen spodumene-bearing pegmatite dikes, with grades comparable to other lithium projects currently under advanced exploration in the area. (Click here to view the NI-43-101 Technical Report (Girard,2013) on the Pontax-Lithium Property).
With several foreign nations already stockpiling materials critical to the emerging green technology economy, a reliable North American supply of high quality lithium-based products has never been more urgent. We believe Canada has a key role to play in the green tech economy, and Stria plans to be a part of it by carving out a niche for itself in the critical and strategic metals world.
Please click here for information on our strategy for the Pontax-Lithium property.
