Interview Summary: EMPS Outlines Lithium Production Strategy In a recent discussion with Antonio from Resource Talks, EMP Metals' (Ticker: EMPS.c or EMPPF for US investors) CEO, Karl Kottmeier, shared their strategic plans for lithium exploration and production in Saskatchewan.
Saskatchewan offers a favorable environment for lithium development, thanks to its supportive regulatory framework, well-established infrastructure from decades of oil and gas activities, and a skilled local workforce.
These factors uniquely position the company’s Viewfield Lithium Brine Project, which boasts a preliminary economic assessment (PEA) with an annual production target of 12,000 tons of battery-grade lithium over a 23.2-year life span, a CapEx of $571 million, and a pre-tax net present value (NPV) of $1.493 Billion.
EMP Metals views direct lithium extraction (DLE) as a natural extension of traditional oil and gas operations—extracting resources from the ground and re-injecting the majority back into the subsurface. This approach is enhanced by their partnerships with seasoned Saskatchewan-based professionals with deep expertise in oil and gas production.
The company's strategy is to take a phased approach to development, refining its DLE technology in manageable stages. This allows EMPS to validate its processes and ensure optimal performance before scaling up. The staged approach helps navigate the capital-intensive nature of lithium projects while positioning the company to benefit from expected improvements in lithium prices around 2026-2027.
With a focus on achieving stage-one production in the near term and maintaining flexibility for future scaling, EMP Metals aims to build a sustainable and profitable lithium operation. Through this deliberate strategy, they seek to leverage their expertise and Saskatchewan's advantages to create a long-term success story in the lithium sector.
Full interview here:
Posted on behalf of EMP Metals Corp.