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Frontier Lithium Inc V.FL

Alternate Symbol(s):  LITOF

Frontier Lithium Inc. is engaged in the acquisition, exploration and development of lithium mineral properties in Ontario, Canada. The Company is engaged in a pre-production business with a focus to be a strategic and integrated domestic supplier of spodumene concentrates for industrial users as well as battery-grade lithium hydroxide and other chemicals to the electric vehicle and energy storage markets in North America. The Company’s flagship asset, PAK Lithium Project, located about 175 kilometers (km) north of Red Lake, Ontario in the Red Lake Mining District and encompasses close to 27,000 hectares (ha). It also has two other spodumene-bearing discoveries, such as the Bolt pegmatite, which is located between the PAK and Spark deposits, as well as the Pennock pegmatite, located 25 km northwest of the PAK deposit within the project claims. Its lithium products include spodumene concentrate and lithium hydroxide monohydrate.


TSXV:FL - Post by User

Post by lithomonon Dec 12, 2022 2:37am
481 Views
Post# 35165495

Rodney Hooper - Long Term Lithium Structural Deficit

Rodney Hooper - Long Term Lithium Structural DeficitThat is, Battery grade Lithium to remain in structural deficit for the next several years.

Good to see the Canadian "Lithium" developments are finally beginning to receive the major construction Go-Ahead permits.

For instance, CRE (Critical Elements) received Quebec Government "greenlight" in recent weeks and CRE anticipates "front-end" engineering to be ready near term and assuming construction financing is finalized shortly, CRE expects to be sod turning as early as the "Spring" 2023. 
The $500-million ($Canadian) Capex (allowing for contingency costs) is what I would expect given the scope of the CRE Lithium production development.

That's precisely the Capex figure ($500-million) I had in mind for Frontier Lithium's production development project for its "high grade" 50-year Lithium operation.  A relatively nominal cost, considering the anticipated profitability over the next 10 years. 
Probably 2 year payback or even less depending how swiftly Frontier can move into production and take benefit from the battery grade Lithium structural deficit and historic high Lithium pricing. 
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