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Frontier Lithium Inc LITOF


Primary Symbol: V.FL

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 RAFFL007on Feb 05, 2024 8:42pm
175 Views
Post# 35864382

We need Canadian mines.....

We need Canadian mines.....

Canada will be paying more than $30 billion in incentives to build three battery plants in the coming years, all of which will require battery raw materials such as lithium.

But he doubts Canada can supply these battery plants, which are expected to start production in the next few years, with the metals they will need.

“People are going to be in shock in a few years’ time when they realize that these factories are going to be supplied with lithium from West Africa or Brazil,” he said, adding there is a need for the government to support Canada’s mining projects and explorers.


https://financialpost.com/commodities/mining/lithium-miners-trying-survive-slumping-prices?utm_source=flipboard&utm_content=topic%2Fcanadiannews

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