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Created: 09/21/2012 05:25:58 PM - Followers: 9 - Board type: Free - Posts Today: 0
Nemaska Lithium Initiates Talks With Lithium Buyers

Nemaska Lithium Inc. ("Nemaska" or the "Corporation") (TSX
VENTURE:NMX)(OTCQX:NMKEF) is pleased to announce that it is discussing potential
off-take agreements with lithium hydroxide and carbonate end users. Nemaska
Lithium has already produced battery-grade lithium hydroxide and carbonate
during the metallurgical pilot plant scale tests done at SGS Canada Inc.
Lakefield laboratory and has sent samples to potential customers for evaluation.
The hydroxide was produced using Nemaska's proprietary electrolysis method. The
patent application on this hydroxide production process was filed on April 23,

The Company's CEO is travelling to China to attend the 3rd Lithium Asia
Conference in Chengdu, China, on September 27 and 28, to further discussions
with potential buyers with a goal of securing long term sales agreements. This
conference is attended by all the major producers and consumers of lithium
globally, including Nemaska's strategic investor, Sichuan Tianqi Lithium
Industries Inc. (Tianqi Lithium). Tianqi Lithium owns 19.9% of Nemaska Lithium
and is represented on the Board of Directors.

Nemaska Lithium is currently developing its Whabouchi lithium project with a
goal to be in production by 2014. The Whabouchi project is the richest North
American spodumene deposit and is ranked as the 2nd hard rock lithium project
closest to enter the chain of supply by independent researchers SignumBox in
Chile. Nemaska Lithium will be releasing the results of its Preliminary Economic
Assessment on October 2nd, 2012.

The production of lithium ion batteries has grown by 20% from 2000 to 2011,
overtaking nickel cadmium type batteries in the market. Manufacturers have made
use of lithium batteries higher energy density, life cycle and low weight in
several applications including mobile telephones, laptops, tablets, and power
tools. Lithium is used in battery cathodes and lithium hydroxide is used in LFP
(lithium ion phosphate) and some NMC (nickel magnesium cobalt) battery cathodes.
The use of LFP and NMC cathode materials has grown since 2010 as these materials
are incorporated into new technologies such as electric vehicles and grid
storage batteries.

About Nemaska

Nemaska Lithium is an exploration and development company with its Whabouchi and
Sirmac lithium deposits located in the James Bay Region in the Province of
Quebec. Both projects are easily accessible year round by the Route du Nord from
Chibougamau. The Whabouchi lithium deposit is located near the Cree community of
Nemaska and the Nemiscau airport. Nemaska plans to become a lithium
hydroxide/carbonate producer based in Quebec and has filed patent applications
for its proprietary method to produce lithium hydroxide and lithium carbonate.
The Corporation's lithium hydroxide/carbonate processing plant will be located
in Valleyfield, Quebec. Nemaska is also an important shareholder of Monarques
Resources Inc. (TSX Venture Exchange: MQR).

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#111 Updated Nemaska NI-43-101 Technical Report! Twister 07/31/2019 11:46:54 PM
#110 NEWS... New Board of Directors Urgently Needed! Twister 06/12/2019 03:49:53 PM
#109 nygrande 03/28/2019 01:17:05 PM
#108 nygrande 03/20/2019 01:28:16 PM
#107 Nemaska Lithium Terminates FMC (Livent) Supply Agreement Twister 02/18/2019 07:16:24 PM
#106 Many $ources, all with strings; just not enough! Twister 02/14/2019 12:12:44 PM
#105 Nemaska Lithium has $335 Million of cash on bigmoneyyyyyyyyy 02/14/2019 11:58:39 AM
#104 Management credibility crisis crashes confidence... Again! Twister 02/14/2019 10:05:28 AM
#103 50% HAIRCUT TODAY!!! woòoohooooo!! BUYING THE SH bigmoneyyyyyyyyy 02/13/2019 11:03:37 AM
#102 nygrande 02/04/2019 04:17:33 PM
#101 Nemaska to Resume Whabouchi Mine Construction February 5! Twister 01/31/2019 07:34:11 PM
#100 Oversold Lithium Could Be About To Rally Twister 01/29/2019 03:06:54 AM
#99 Chile Renews Contract With Lithium Company SQM! Twister 12/29/2018 02:09:50 PM
#98 Albemarle Lithium Mining Dispute Continues With Chilean Government! Twister 12/29/2018 01:48:06 PM
#97 Warren Buffett-Backed Electric Vehicle Maker Plans Battery IPO Twister 12/07/2018 05:43:56 PM
#96 Chilean Regulators Reject Albemarle's Plans to Boost Output! Twister 11/13/2018 11:02:58 AM
#95 Chile's Atacama Water Fight Questions Lithium Mining Future! Twister 10/18/2018 12:04:01 PM
#94 Thank you very much! I really appreciate it! nygrande 10/02/2018 01:49:26 PM
#93 Ok, not enthralling. History-teacher type gaze into abyss! Twister 10/02/2018 01:21:44 PM
#92 How was the webcast, did you participate? When nygrande 10/02/2018 12:37:49 PM
#91 Nemaska Lithium provides Construction Project Timeline & Webcast! Twister 10/01/2018 10:04:50 AM
#90 I'm up 6k ahaha Wallstreetwarriors 09/24/2018 09:45:33 AM
#89 Highly oversold here according to R.S.I. chart technicals. bigmoneyyyyyyyyy 08/13/2018 01:58:44 PM
#88 Construction schedule over the next two years determined! Twister 07/23/2018 09:33:45 AM
#87 Updated progress for next 2 years! Twister 07/23/2018 09:31:05 AM
#84 Due Diligence For New Investors bigmoneyyyyyyyyy 07/17/2018 12:58:42 PM
#83 Nemaska and LG Chem Announce 5-Year Supply Agreement! Twister 07/03/2018 09:04:12 PM
#82 nygrande 06/22/2018 09:21:49 AM
#81 RSi extremely under, reversal is going to bigmoneyyyyyyyyy 06/19/2018 09:41:41 AM
#80 Highly oversold here, time to move up to bigmoneyyyyyyyyy 06/18/2018 10:29:18 AM
#79 Shorters gonna get burned at these levels, gonna bigmoneyyyyyyyyy 06/18/2018 01:32:14 AM
#78 Flurry of Supply Deals as World Scrambles for nygrande 06/02/2018 10:22:23 PM
#77 Nemaska Lithium Completes Financing Package! Twister 05/31/2018 09:54:03 AM
#76 Management played for fools... Now build the mine! Twister 05/23/2018 03:12:56 PM
#75 Great news !.....? Or, IS it nowwhat2 05/23/2018 02:57:16 PM
#74 Nemaska Lithium secures funding for mine! Twister 05/23/2018 10:10:52 AM
#73 Funding package progress continues to move forward! Twister 05/10/2018 01:16:51 PM
#72 Agreement in Principle for Supply of Lithium Hydroxide! Twister 04/27/2018 09:53:15 AM
#71 Nemaska Concludes USD 150M Streaming Agreement with Orion! Twister 04/12/2018 11:58:52 PM
#70 Nemaska/Soft Bank Deal values Nemaska at $M554.4 lee_john 04/09/2018 12:22:04 AM
#69 Nemaska/Softbank Deal. lee_john 04/06/2018 03:22:26 PM
#68 SoftBank Group to Make Strategic Investment in Nemaska Lithium Twister 04/06/2018 12:20:07 PM
#67 Volkswagen locks down $25B in battery supplies! Twister 03/13/2018 01:33:30 PM
#66 Annual general/special shareholder meeting soon; February 16, 10:00am! Twister 01/24/2018 02:54:05 PM
#65 Results of 2018 Feasibility Study! Twister 01/09/2018 10:20:29 AM
#64 Another 2 tons battery grade lithium hydroxide produced! Twister 01/08/2018 12:37:46 PM
#63 Delivery of Whabouchi Battery Grade Lithium Hydroxide Confirmed! Twister 12/04/2017 10:39:05 AM
#61 Phase 1 Plant Processes Whabouchi Mine Concentrate Twister 11/02/2017 10:00:38 AM
#60 Whabouchi Concentrate Processed / Project Financing Update Twister 10/10/2017 11:31:29 AM
#59 Positive Recount of Whabouchi Mine and Shawinigan Plant! Twister 08/14/2017 10:41:35 AM
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