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Nemaska Lithium Inc
Symbol NMX
Shares Issued 378,099,570
Close 2018-01-05 C$ 2.32
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Nemaska Lithium delivers further 2 tonnes Li hydroxide

2018-01-08 09:28 ET - News Release

Mr. Guy Bourassa reports


Nemaska Lithium Inc. has produced and has made available for pickup by its customer another two tonnes of battery-grade lithium hydroxide solution made from Whabouchi spodumene concentrate. To date, the corporation has delivered three tonnes of lithium hydroxide solution produced from its Whabouchi spodumene concentrate.

An independent laboratory, the Centre National en Electrochimie et en Technologies Environnementales (CNETE), has confirmed that the lithium hydroxide solution produced by Nemaska Lithium to date comply to the specifications shown in the attached table.

                           Market LiOH specs*          Nemaska Lithium
                         (span of max values)               LiOH specs
LiOH, wt%                       54.8 to 56.5
Ca, mg/kg                          10 to 100                       < 1
Na, mg/kg                          20 to 500                      < 20
K, mg/kg                           10 to 250                      < 10
Mg, mg/kg                                 10                       < 1
Fe, mg/kg                            5 to 21                       < 5
Al, mg/kg                                 10                       < 1
CO2, wt%                       0.035 to 0.35                     < 0.2
Cl, mg/kg                          15 to 100                      < 10
SO4, mg/kg                         50 to 300                     < 150
Cr, mg/kg                           5 to 100                       < 1
Cu, mg/kg                             1 to 5                       < 1
Ni, mg/kg                            1 to 10                       < 1
Si, mg/kg                           20 to 30                      < 10
Zn, mg/kg                                 10                       < 1
Sol. acid, mg/kg                 40 to 1,000                      < 50

* Data are from a publicly available company product list.

"Cathode producers are primarily concerned with the impurity levels in the lithium hydroxide they receive from suppliers as these impurities impact the overall performance of the battery. Our lithium hydroxide compares very favourably to that of our peers in the industry and is well within the acceptable specification limits of cathode producers globally. Following discussions with multiple cathode makers, I believe ours is one of the best lithium hydroxide products available today," said Guy Bourassa, president and chief executive officer of Nemaska Lithium.

In addition, Nemaska Lithium is pleased to report that it has received an instalment payment of $4.6-million from Sustainable Development Technology Canada (SDTC) for having achieved the second milestone in the development of the phase 1 lithium hydroxide plant.

About Nemaska Lithium Inc.

Nemaska Lithium intends to become a lithium hydroxide and lithium carbonate supplier to the emerging lithium battery market that is largely driven by electric vehicles, energy storage, cellphones, tablets and other consumer products. The corporation is developing in Quebec, Canada, 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, Que.

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