Focused on moving our Kindersley project to environmentally responsible commercial production of Lithium from Brines. Our current resource is 4.2 MM tonnes of Lithium Carbonate Equivalent with 1 MM of this resource in the Measured and Indicated category. Our initial Preliminary Economic Assessment demonstrates top tier economics with a 49% Internal Rate of Return (After Tax) and a Net Present Value (8% Discount After Tax) of US$ 1 Billion on an investment of US$ 335 Million. We accomplish these results not by accident but through a deliberate business plan.
We achieve our strong economic outlook by deliberately identifying quality resource in quality rock in the least expensive area for development. Our resource is in the shallowest area for development by typically half of our peers resulting in dramatically lower drilling and lifting costs. We lack oil and gas associated with the brines that are contaminants to our industry and must be removed as they destroy the Lithium extraction process. This provides for significantly reduced prefiltering costs. Typical action plans of responsible resource development professionals.
We look forward to pilot production of our resource and further drilling to advance more resources into the higher resource categories of Measured and Indicated.
Our future plans are exciting and can move forward quickly toward commercial production.
Company Details
- Employees
- 7
- Founded
- -
- Industry
- Agriculture, Construction, Mining Machinery Manufacturing
- NAICS
-
Agriculture, Construction, and Mining Machinery ManufacturingAgricultural Implement ManufacturingConstruction Machinery ManufacturingMining and Oil and Gas Field Machinery ManufacturingFarm Machinery and Equipment ManufacturingLawn and Garden Tractor and Home Lawn and Garden Equipment ManufacturingMining Machinery and Equipment ManufacturingOil and Gas Field Machinery and Equipment Manufacturing
- Website
- https://groundedlithium.com/
- Keywords
- Resource Development, Mining, Geology, Geophysics.
Grounded Lithium Corp. Questions
Grounded Lithium Corp.'s website is https://groundedlithium.com/
Grounded Lithium Corp.'s LinkedIn profile is https://www.linkedin.com/company/grounded-lithium-corp
Grounded Lithium Corp. has
7 employees.
View email and phone details for 7
employees at Grounded Lithium Corp..
Grounded Lithium Corp.'s industry is
Agriculture, Construction, Mining Machinery Manufacturing
Grounded Lithium Corp.'s top competitors are
Lake Resources,
Pristine Lithium,
Club De Tennis De Terrebonne,
Bearspaw Petroleum Ltd.,
Okanagan College Student Investment Fund,
Quantex Energy Inc.,
Rushmore Reviews,
Neolithica Ltd.,
Fracmod,
Ep Resources A.s..
Grounded Lithium Corp.'s categories are Agriculture, Construction, Mining Machinery Manufacturing
Grounded Lithium Corp.'s founding year is 2021
