3 hours ago
1
TipRanks
Thu, January 15, 2026 astatine 6:05 AM CST 2 min read
The institution said, “Entering 2026, Lithium Ionic (LTHCF) is focused connected completing the final, value-defining steps required to modulation the Bandeira Project into operation with a clear, disciplined improvement pathway. Key priorities see the continued advancement of the permitting process, finalization of the task financing strategy – including the progression of offtake discussions to last presumption – and the completion of elaborate engineering. In parallel, the Company is preparing for operation readiness done pre-development activities specified arsenic long-lead instrumentality procurement and aboriginal tract works. Together, these efforts are intended to enactment a Final Investment Decision, marking the ceremonial modulation from improvement into construction. These initiatives correspond the last signifier of de-risking for Bandeira and presumption Lithium Ionic to determination confidently into construction, reinforcing its strategy to go a near-term, low-cost lithium shaper successful Brazil’s globally important Lithium Valley. Lithium Ionic acknowledgment its shareholders for their continued enactment and enters 2026 focused connected disciplined execution, arsenic the Company advances Bandeira toward operation and the realization of its semipermanent worth potential. The Company besides reports that it has terminated the enactment statement primitively announced connected July 3, 2024, with K2 Mineracao e Exportacao EIRELI, Super Classico Comercio, Importacao e Exportacao Ltda. and Minerales Empreendimentos, Mineracao e Participacoes Ltda., covering definite mineral claims located successful Itinga, wrong the Curralinho Pegmatite Field of the Aracuai Pegmatite District, Minas Gerais, Brazil. As portion of the termination, Neolit Minerals Participacoes Ltda., the Company’s wholly owned Brazilian subsidiary, divested its number interests successful the peculiar intent companies associated with the K2 Option Agreement, completing the Company’s withdrawal from the transaction. The determination to terminate the statement reflects Lithium Ionic’s continued absorption connected disciplined superior allocation and prioritizing its astir precocious and value-accretive assets successful Brazil’s Lithium Valley, including the advancement of the Bandeira Project towards construction.”
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