Bourassa explains Nemaska’s innovative financing strategy
Guy Bourassa, President and CEO of Nemaska Lithium (TSXV: NMX | OTCQX: NMKEF) presented at the 5th Annual Cleantech and Technology Metals Summit held recently in Toronto.
Nemaska intends to become a lithium hydroxide supplier and lithium carbonate supplier to the emerging lithium battery market that is largely driven by electric vehicles, cell phones, tablets and other consumer products. The company is developing in Quebec what it considers to be one of the most important spodumene lithium hard rock deposits in the world, both in volume and grade. The spodumene concentrate produced at the Whabouchi mine will be shipped to the company’s lithium compounds processing plant to be built in Shawinigan, Quebec.
In this presentation, Guy Bourassa
- Outlines how Nemaska has avoided dilution through innovative financing.
- Explains how, as a junior, it has been able to focus on value-adding to its project.
- Predicts the coming supply crunch for lithium hydroxide.
- Outlines the company’s aggressive development timeline.
Disclaimer: Nemaska Lithium, Inc., is an advertorial client of InvestorIntel Corp.
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