Nemaska Lithium Inc.

Nemaska Lithium intends to become a lithium hydroxide supplier to the emerging lithium battery market that is largely driven by electric vehicles, cell phones, tablets and other consumer products. The Corporation is developing in Quebec one of the most important spodumene lithium hard rock deposit in the world, both in volume and grade. The spodumene concentrate produced at Nemaska Lithium's Whabouchi mine will be shipped to the Corporation's lithium compounds processing plant to be built in Shawinigan, Quebec. This plant will transform spodumene concentrate into high purity lithium hydroxide using patented proprietary methods developed by Nemaska Lithium.

On December 23, 2019, Nemaska Lithium has obtained from the Superior Court of Québec protection from creditors under the Companies’ Creditors Arrangement Act (“CCAA”), to enable the Corporation to finalize its financing efforts in order to complete the construction and begin the operation of the Whabouchi project, following the previously announced cost reassessment.

For more details about the procedures under the CCAA, we invite you to consult the Monitor's website.

Press releases

Update on Nemaska Lithium’s Restructuring Efforts Under the CCAA

2020/04/01
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Important Change in Management at Nemaska Lithium

2020/02/20
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