Integrated Project Strategy
Ontario, Canada
PEA HIGHLIGHTS MINING & CONCENTRATORS (STAGE 1 & 3)
C$309M
Average Annual EBITDA
(USD$232M)
C$1.19 Billion
After-tax NPV
(USD$894M)
54%
After-tax IRR
207,000
Tonnes per year
SC5.5 Spodumene Production
C$985
Average Per Tonne SC5.5
C1 Cost (USD$741)
1.3 Years
Payback Period
Strategy to become the first lithium concentrates and chemicals business in Ontario
INTEGRATED FLOWSHEET
STAGE 1: EASTERN HUB MINE AND CONCENTRATOR
Seymour Lithium Project progressing towards development stage
The Eastern Hub, highlighted by the flagship Seymour Project, is progressing on schedule, with production set to begin in 2026. The company is prioritizing Indigenous consultation, obtaining necessary construction permits, completing a Definitive Feasibility Study, and securing financing.
Stage 2: Lithium Hydroxide Conversion Facility
GT1 has taken significant steps in its integration strategy within the North American lithium supply chain.
GT1 will continue to advance its site studies, selection and initiate the permitting processes for a proposed Conversion Facility during 2024.
The company is actively exploring additional opportunities within Ontario, aligned with the provincial Government’s strategy to rationalise the number of potential Lithium chemical facilities in the region. Multiple provincial and federal funding programs still active and accessible for allocated to critical minerals projects, specifically associated with further processing of raw materials into pre-cursory product to be fed into the battery materials supply chain locally. GT1 was the first company in Ontario to make application for the ISED program and remains in communication and confident of receiving further updates over the coming period.
Â
Stage 3: Western Hub mine and Concentrator
The Western Hub, slated for operation in 2029, will serve as additional feed for the Lithium Hydroxide Facility.
The company has initiated preparatory work for permitting the Western Hub mine and concentrator. This includes conducting baseline and technical Studies, engaging in Indigenous Consultation, undertaking engineering tasks, defining the project, refining resource definition and engaging in Pre-Submission Consultation with Government Agencies.
