Lithium Ionic Corp.
Lithium Ionic Corp. is a Canadian mining company focused on the exploration and development of hard-rock lithium projects in Brazil. The company's mission is to become a near-term producer of high-quality spodumene concentrate, contributing to the global battery supply chains and supporting net-zero emission goals. Headquartered in Toronto, Canada, Lithium Ionic operates primarily in Minas Gerais, Brazil, a region known as the "Lithium Valley."
The company's key assets include the flagship Bandeira Lithium Project, along with the Itinga and Salinas group of properties, covering approximately 11,684 to 17,000 hectares in Minas Gerais. These projects are strategically located in a mining-friendly jurisdiction with established infrastructure. Lithium Ionic aims to produce high-quality spodumene concentrate (5.2% Li₂O) for the global battery metals and electric vehicle (EV) industries.
In recent developments, Lithium Ionic signed offtake contracts in March 2026 for 170,000 tonnes per year of spodumene concentrate with Yahua Group and Grand Chen, which include US$20 million in prepayments to advance the Bandeira Project. An updated Feasibility Study for Bandeira, completed in September 2025, outlined an 18.5-year mine life with an annual production target of 177,000 tonnes of spodumene concentrate. The company is actively progressing permitting and construction readiness for its projects. Blake Hylands serves as the CEO, leading the company's efforts to become a significant near-term lithium producer in Brazil's Lithium Valley.
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