Investor Relations

The energy transition runs on minerals, and lithium is the non-negotiable enabler of electrification. Demand is structural, not cyclical: 2024 was up 30% YoY; consensus points to 15.7% CAGR to 2030 and 10% to 2040. EVs and BESS already drive 61% of use and are set to exceed 90% by 2040.

Supply is slow and concentrated: the top three countries control 77% of mining, and 70% of refining sits in China. 37+ governments (EU, US, Canada included) now classify lithium as strategic and are funding domestic supply. Even if announced projects land, models show a deficit from 2029 (55 kt LCE), widening through 2035, while traditional mining typically takes 10-17 years to first tonnes.

Policy + buyer pull: Governments are fast-tracking “low-carbon, local” tonnes, and OEMs now treat ESG and traceability as a buy/no-buy gate and pricing lever. Traceable, regional supply qualifies faster and can capture premiums.

Our answer is to put capacity where offtakers are and come online in 12-18 months with regional, low-carbon tonnes that de-risk supply chains.

With modeled CapEx of $17,100/t and OpEx of $3,647/t, we rank among the lowest-cost lithium producers. In our DLE peer set, $17,100/t sits in the lower decile and 55-60% below typical medians/means; $3,647/t is bottom-decile on the global cost curve. Versus traditional mining, our solution delivers up to 73% lower CapEx and 48% lower OpEx. Bottom-decile cash costs, staged modular builds, and a multi-site rollout reduce single-asset risk and support cash generation across cycles.

Our patented lithium extraction solution uses up to 81% less freshwater, delivers a 99% smaller land footprint, and operates on a low-carbon, closed-loop design compared to traditional mining. With our extraction solution, battery manufacturing can see up to 57% lower production emissions, and EV GHG breakeven improves from 11,335 mi (18,243 km) to 1,982 mi (3,190 km) - 5.7x sooner.

Electrifying transport and decarbonizing power are the fastest levers to cut emissions at scale. Cleaner, regional lithium accelerates both - enabling lower-impact EVs and energy storage.

Learn more about our sustainability efforts.

Protected process IP tuned for surface brines, surface-feedstock access, proprietary full-process water-treatment expertise, and an on-site DBOO model. Together, these advantages create a system that is faster to build, cheaper to operate, and structurally more complex to replicate and built for lower CapEx/OpEx - delivering superior project economics and long-term defensibility.

Three facilities commissioning in 2027 - Alberta 5,376 tpa, ND I 1,374 tpa, ND II 1,587 tpa - 8,338 tpa LCE combined at nameplate under a stage-gated rollout. 

We’re water engineers, not mining theorists: 20+ years and 400+ full-scale systems across O&G and industry, with every unit in our flowsheet proven at scale - brine conditioning, fouling/scale control, resin-life management, concentration/refining. This deep operational knowledge enables us to achieve battery-grade consistency and project-level value where others typically struggle.

Get to know our leadership team.