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Neo Lithium Corp NTTHF

Metals & Mining Industrial Metals & Minerals
Neo Lithium Corp is engaged in the business of exploration operations. Its principal business activities are the exploration and development of resource properties. Its project includes the 3Q project. It operates its business in the countries like Canada and Argentina, however, most of the revenue is generated from Canada.


OTCQX:NTTHF - Post by User

Neo Lithium Corp > CATL News
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Post by tiger2201on Sep 29, 2021 8:39am
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Post# 33935844

CATL News

CATL News

Chinese battery maker CATL to acquire Canada's Millennial Lithium


https://www.reuters.com/article/millennial-lithi-ma-catl-idUSL4N2QU467


This story shows that CATL needs to secure raw lithium material for its batteries, and it is also important to control raw material cost.  The most important thing is CATL needs MORE LITHIUM, including the lithium from NLC.

The following is ML's project:

4.1M tonnes LCE M&I
1.03 Billion NPV
24K yearly
IRR 24%
CAPEX 448M
OPEX 3,388 /tonne
40 yr mine life

tiger


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