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Nemaska Lithium Inc. (TSX:NMX)

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Last Post: 3/13/2018 1:33:30 PM - Followers: 10 - 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).

Current Price
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
NMX News: Gabelli & Company’s 9th Annual Specialty Chemicals Conference 02/28/2018 01:30:00 PM
NMX News: Investors Turn to Producers to Capitalize on Lithium Growth 01/17/2018 08:45:00 AM
NMX News: More Lithium Juniors Could Get Swallowed by Majors in 2018 01/16/2018 08:45:00 AM
NMX News: Trump’s Recent Executive Order Could Boost Lithium Supply in the U.S. 01/10/2018 08:45:00 AM
NMX News: Ressources ABE acquiert la propriété de lithium Sirmac de Nemaska Lithium 12/14/2017 07:59:00 PM
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#67   Volkswagen locks down $25B in battery supplies! Twister 03/13/18 01:33:30 PM
#66   Annual general/special shareholder meeting soon; February 16, 10:00am! Twister 01/24/18 02:54:05 PM
#65   Results of 2018 Feasibility Study! Twister 01/09/18 10:20:29 AM
#64   Another 2 tons battery grade lithium hydroxide produced! Twister 01/08/18 12:37:46 PM
#63   Delivery of Whabouchi Battery Grade Lithium Hydroxide Confirmed! Twister 12/04/17 10:39:05 AM
#61   Phase 1 Plant Processes Whabouchi Mine Concentrate Twister 11/02/17 10:00:38 AM
#60   Whabouchi Concentrate Processed / Project Financing Update Twister 10/10/17 11:31:29 AM
#59   Positive Recount of Whabouchi Mine and Shawinigan Plant! Twister 08/14/17 10:41:35 AM
#58   Nemaska Lithium Receives Final CAD $1,000,000 Milestone Payment Twister 07/26/17 09:44:19 AM
#57   Commodities should turn with dollar... Soon, by September! Twister 07/20/17 03:09:22 PM
#56   Nemaska Lithium Inc. ("Nemaska Lithium" or the "Corporation") Twister 06/21/17 04:21:47 PM
#55   CAD$2,000,000 Early Payment/Johnson Matthey Battery Approves Lithium Hydroxide! Twister 05/05/17 11:05:30 AM
#54   Whabouchi Mine Site and Phase-1 Plant Commissioning Update! Twister 05/05/17 10:56:37 AM
#53   Nemaska Lithium to receive $10,000,000 from FMC Corporation Twister 03/22/17 12:46:06 PM
#52   Initial production of Spodumene Concentrate from Whabouchi Mine Twister 03/16/17 04:46:07 PM
#51   Phase 1 Plant Milestone/$3M from Johnson Matthey Battery Twister 02/13/17 08:28:47 AM
#50   Nemaska Lithium Commissions Electrolysis Cell at Phase-1 Plant Twister 02/08/17 08:48:26 PM
#49   Australian Patent for Lithium Hydroxide and Carbonate Production Twister 01/11/17 03:03:14 PM
#48   Nemaska Lithium Inc. ("Nemaska Lithium" or the "Corporation") Twister 12/12/16 09:28:02 AM
#47   Nemaska Lithium Receives United States and Canadian Patents Twister 11/29/16 08:28:27 AM
#46   FMC Corporation Signs Long Term Lithium Carbonate Supply Agreement Twister 10/31/16 02:09:29 PM
#45   Got in today. Jagwire 09/20/16 12:34:01 PM
#44   I've been watching this but I've been asleep Jagwire 09/16/16 01:51:22 PM
#43   QUEBEC CITY, QUEBEC--(Marketwired - Sept. 6, 2016) - Twister 09/06/16 09:22:31 AM
#42   Nemaska Lithium Preps Whabouchi Mine Site for 60,000t Twister 08/16/16 09:55:17 AM
#41   Nemaska Lithium Drilling Program at Whabouchi Progressing Well Twister 07/28/16 10:54:59 AM
#40   Share-price decline/reality, post-pump; boredom soon to resume! Twister 07/19/16 01:42:36 PM
#39   Nemaska Lithium Begins a Targeted Definition Drilling Campaign Twister 07/18/16 03:10:36 AM
#38   Nemaska Lithium Hires VP Operations to Oversee the Twister 07/18/16 03:07:44 AM
#36   Nice unicorns/rainbows. Other shoe finally fell! Twister 06/11/16 01:43:11 AM
#35   This stock was a beast but with the MarketShark 06/10/16 07:29:58 PM
#34   nothing... but a nice dump! Votan 06/09/16 05:57:30 AM
#33   whats cooking with this stock$$$$ MIJ13 05/20/16 04:21:08 PM
#32   Yes, this is looking good. Dobie Lama 04/12/16 08:54:50 PM
#31   +700% up since my first post!!! $$$$$$$$$$$ livingston78 04/11/16 08:51:04 PM
#30   Insiders topping up? BajaWizard 12/07/15 10:57:20 AM
#29   NMX: Huge Apple Hint on Twitter... UncleTaff 09/04/15 02:24:52 PM
#28   End user off-take financing email UncleTaff 09/02/15 03:02:30 PM
#26   Panasonic predicts lithium-ion utility storage surge UncleTaff 08/06/15 04:52:39 PM
#25   LOOKS LIKE A BREAK-OUT COMING! UncleTaff 08/04/15 03:00:15 PM
#24   The likelihood is that Tesla and its peers UncleTaff 08/04/15 10:13:40 AM
#23   Nemaska Lithium Gains on Federal Environmental Approval UncleTaff 08/01/15 08:38:48 AM
#22   sleeper this will be like hitting a leaselot 05/25/15 10:26:38 PM
#21   Nemaska receives $12.87MM gov't grant for lithium plant livingston78 02/16/15 06:32:06 PM
#20   Nemaska Lithium is a cheap penny stock with livingston78 02/13/15 07:21:25 AM
#19   Nemaska Lithium Issues 500,000 Common Shares for the Twister 07/16/14 10:51:24 AM
#18   NMX - IIROC Trading Resumption Twister 05/13/14 01:56:36 PM
#17   Whabouchi Feasibility study- NPV $924M; IRR 25.2% Twister 05/13/14 01:54:30 PM