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Nemaska Lithium Inc. (TSX:NMX)

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Last Post: 8/13/2018 1:58:44 PM - Followers: 11 - 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,
2012.



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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NMX News: Nemaska Lithium Confirms Fulfillment of Conditions Precedent to the Long Stop Date Under Its USD 350M Bond Offering 08/29/2018 02:02:02 PM
NMX News: Nemaska Lithium Receives First USD 75M Payment From Orion Under Streaming Agreement 08/23/2018 12:03:41 PM
NMX News: Nemaska Lithium Finalizes a 5-Year Supply Agreement With Northvolt 08/20/2018 09:03:40 AM
NMX News: Nemaska Lithium Provides Project Update 07/23/2018 06:30:00 AM
NMX News: LG Chem and Nemaska Lithium Announce Signature of An Initial 5-Year Supply Agreement for Lithium Hydroxide 07/03/2018 03:10:49 PM
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#89   Highly oversold here according to R.S.I. chart technicals. bigmoneyyyyyyyyy 08/13/18 01:58:44 PM
#88   Construction schedule over the next two years determined! Twister 07/23/18 09:33:45 AM
#87   Updated progress for next 2 years! Twister 07/23/18 09:31:05 AM
#84   Due Diligence For New Investors bigmoneyyyyyyyyy 07/17/18 12:58:42 PM
#83   Nemaska and LG Chem Announce 5-Year Supply Agreement! Twister 07/03/18 09:04:12 PM
#82   https://www.prnewswire.com/news-releases/growing-ev-presence-is-driving-the-coba nygrande 06/22/18 09:21:49 AM
#81   RSi extremely under, reversal is going to bigmoneyyyyyyyyy 06/19/18 09:41:41 AM
#80   Highly oversold here, time to move up to bigmoneyyyyyyyyy 06/18/18 10:29:18 AM
#79   Shorters gonna get burned at these levels, gonna bigmoneyyyyyyyyy 06/18/18 01:32:14 AM
#78   Flurry of Supply Deals as World Scrambles for nygrande 06/02/18 10:22:23 PM
#77   Nemaska Lithium Completes Financing Package! Twister 05/31/18 09:54:03 AM
#76   Management played for fools... Now build the mine! Twister 05/23/18 03:12:56 PM
#75   Great news !.....? Or, IS it nowwhat2 05/23/18 02:57:16 PM
#74   Nemaska Lithium secures funding for mine! Twister 05/23/18 10:10:52 AM
#73   Funding package progress continues to move forward! Twister 05/10/18 01:16:51 PM
#72   Agreement in Principle for Supply of Lithium Hydroxide! Twister 04/27/18 09:53:15 AM
#71   Nemaska Concludes USD 150M Streaming Agreement with Orion! Twister 04/12/18 11:58:52 PM
#70   Nemaska/Soft Bank Deal values Nemaska at $M554.4 lee_john 04/09/18 12:22:04 AM
#69   Nemaska/Softbank Deal. lee_john 04/06/18 03:22:26 PM
#68   SoftBank Group to Make Strategic Investment in Nemaska Lithium Twister 04/06/18 12:20:07 PM
#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
#37   NEMASKA LITHIUM COMPLETES $69 MILLION FINANCING Twister 07/18/16 02:58:32 AM
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