Li-FT Power
Li-FT Power is a Canadian mineral exploration company advancing hard rock lithium pegmatite projects in the Northwest Territories and Quebec, targeting spodumene concentrate and battery-grade lithium carbonate production for the LFP battery supply chain.
- Company typePublic
- Founded2021
- HeadquartersVancouver, Canada
- Headcount1–10
- GTM typeB2B
- OfferingHardware or Manufacturing
Li-FT Power firmographics
Firmographics- Name
- Li-FT Power
- Legal name
- Li-FT Power Ltd.
- Website
- https://li-ft.com
- Company type
- Public
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Li-FT Power is a Canadian mineral exploration company advancing hard rock lithium pegmatite projects in the Northwest Territories and Quebec, targeting spodumene concentrate and battery-grade lithium carbonate production for the LFP battery supply chain.
- Ownership category
- akta.pro rank
Li-FT Power industry classification
Industry- Product category
- Lithium Mining
- SIC
- Metal Mining (1000)
- akta.pro primary industry
- Exploration & Resource Development (Critical Minerals) (IMAKAFAL)
- akta.pro secondary industries
- Lithium Mining & Brine Extraction (IMAKAFAA), Battery-Grade Chemical Processing (LiOH/Li2CO3, Ni/Co Sulfates, Mn Sulfate) (IMAKAFAI), Battery Raw Materials Mining & Refining (Lithium, Nickel, Cobalt, Manganese, Graphite) (EUAFABAA)
Keywords
Where Li-FT Power is headquartered
LocationHeadquarters
- HQ city
- Vancouver
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Li-FT Power business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Personnel, Marketing or Sales, Others
Revenue model
- Mineral Exploration and Development: Li-FT Power is a pre-revenue mineral exploration company engaged in the acquisition, exploration, and development of lithium pegmatite projects in Canada. The company has not yet reached production. Future revenue is expected to come from the sale of spodumene concentrate and/or lithium chemicals produced from its mining projects once they advance to production.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
Li-FT Power product offering
Product offeringCore offering
Li-FT Power is a hard rock lithium mineral exploration and development company focused on identifying, exploring, and advancing lithium pegmatite projects in Canada. The company's portfolio includes the flagship Yellowknife Lithium Project in Northwest Territories and the tier-one Adina Lithium Project in Quebec (acquired through the 2026 combination with Winsome Resources), targeting the production of spodumene concentrate and battery-grade lithium carbonate for the LFP battery market. The company is currently pre-revenue, advancing assets through diamond drilling, metallurgical testing, environmental baseline studies, and a planned downstream lithium carbonate converter.
Product overview
Li-FT Power is a mineral exploration and development company operating a portfolio of hard rock lithium assets in Canada. The company operates a platform-plus-projects model with its flagship Yellowknife Lithium Project in Northwest Territories and the tier-one Adina Lithium Project in Quebec (acquired through the 2026 Winsome Resources combination). The portfolio includes early-stage exploration properties across both jurisdictions (Cali, DeStaffany, LDG & Mackay in NWT; Rupert, Pontax, Nottaway, Moyenne in Quebec) and strategic interests in the Galinée property adjacent to Adina. The company is developing an integrated downstream strategy including a planned 30,000 tpa Lithium Carbonate Converter to process spodumene concentrate into battery-grade lithium chemicals for the LFP battery market. A strategic option on the Renard Mine Site could provide processing infrastructure. The combined Adina-Galinée project creates one of the largest hard rock lithium developers in Canada.
Differentiator
Problem solved
Functional benefit
Products and services
- Yellowknife Lithium Project Flagship lithium pegmatite development project located in Northwest Territories, Canada, comprising mineral leases covering the majority of the lithium pegmatites in the Yellowknife Pegmatite Province. Features multiple spodumene-bearing pegmatites with strike lengths up to 1,800m and widths up to 30m, with an inferred mineral resource of 50.4 million tonnes at 1.00% Li2O. Metallurgical recoveries average 79% producing high-quality spodumene concentrate grading 5.83% Li2O.
- Adina Lithium Project Tier-one lithium development asset acquired through the combination with Winsome Resources, located in the Eeyou Istchee James Bay region of Quebec. Hosts 61.4 Mt at 1.14% Li2O (Indicated) and 16.5 Mt at 1.19% Li2O (Inferred), ranked among the top five largest lithium resources in North America with 77.9 Mt at 1.15% Li2O overall when combined with the Galinée Property.
- Galinée Property Lithium exploration property adjacent to the Adina project in Quebec's Eeyou Istchee James Bay region. LIFT holds a 75% interest following acquisitions from Azimut Exploration Inc. (50%) and SOQUEM Inc. (25%). Hosts wide, high-grade lithium-bearing pegmatites interpreted as a continuation of the Adina pegmatite swarm.
- Cali Lithium Project Exploration project in Northwest Territories within the Little Nahanni Pegmatite Group, featuring systematic sampling results of up to 1.9% Li2O over 21 metres with new pegmatite discoveries expanding the lithium corridor.
- Rupert Project Early-stage exploration property in Quebec's James Bay region with 155,000 hectares of prospective land for buried lithium pegmatites. Exploration program generated 13,093 till geochemistry samples and 892 grab samples across the project.
- Pontax Project Early-stage exploration property in Quebec's Eeyou-Istchee James Bay region (220km north of Matagami), acquired through an option agreement with Harfang Exploration. The 287-claim, 15,323-hectare property identified a 13km by 6km spodumene-in-till anomaly.
- Nottaway Project Early-stage lithium exploration property in Quebec identified through indicator mineral studies revealing thousands of spodumene grains, expanding LIFT's exploration portfolio.
- Moyenne Project Early-stage exploration property in Quebec's James Bay region, part of LIFT's portfolio of lithium pegmatite exploration projects.
- Lithium Carbonate Converter (Scoping Study) Planned downstream processing facility with 30,000 tonnes per annum capacity to produce battery-grade lithium carbonate from spodumene concentrate, targeting the LFP battery market. Currently undergoing scoping study in partnership with SCT, a global lithium conversion engineering firm.
Quantifiable outcome
- Metallurgical recoveries averaging 79% producing spodumene concentrate grading 5.83% Li2O
- +3 more outcomes
Companies that use Li-FT Power
Customer profileSegments2 records
Ideal customer profiles2 records
Li-FT Power technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Li-FT Power partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered minor and core.
- Stornoway Diamonds (Canada) Inc.minorLi-FT Power entered into a binding call option agreement to acquire the Renard diamond mine site from Stornoway Diamonds for C$1.00, subject to Superior Court of Quebec approval. LIFT paid a C$12 million option fee and will fund C$18 million in care and maintenance costs during a two-year option period to evaluate repurposing the existing 2.2Mtpa processing facility for lithium processing.
- Winsome Resources LimitedcoreLi-FT Power completed its combination with Winsome Resources Limited through a scheme of arrangement, acquiring 100% of Winsome shares and options. The transaction adds the tier-one Adina lithium project in Quebec to LIFT's portfolio. Approximately 27.9 million LIFT shares were issued to acquire Winsome, creating one of the largest hard rock lithium developers in Canada.
- SCT (Lithium Conversion Engineering Firm)coreLi-FT Power partnered with SCT, a global lithium conversion engineering and technology provider, to conduct a scoping study for a 30,000 tonnes per annum Lithium Carbonate Converter integrated with the Yellowknife Lithium Project. SCT will evaluate optimal converter site locations and process design.
- Rose & CompanyminorLi-FT Power retained Rose & Company to provide investor relations and institutional investor outreach services at a cost of USD $50,000 per quarter over an initial one-year term to enhance capital markets engagement.
- SOQUEM Inc.coreLi-FT Power signed a definitive purchase agreement to acquire an additional 25% interest in the Galinee property from SOQUEM Inc., increasing LIFT's total stake to 75%. The transaction involved issuance of 1,000,000 common shares of LIFT. SOQUEM retains 25% interest in the joint venture.
- Azimut Exploration Inc.coreLi-FT Power closed acquisition of 50% interest in the Galinee property from Azimut Exploration Inc. in Quebec. Consideration was 2,000,000 common shares plus a $1,500,000 deferred payment. Azimut retained a 1.4% NSR royalty on the property.
- Yellowknives Dene First NationcoreLi-FT Power maintains a strategic partnership with the Yellowknives Dene First Nation, including a signed MOU for the Yellowknife Lithium Project. The partnership, along with Det'on Cho Environmental, was recognized with the Hearts of Gold Trailblazer Award for creating career opportunities and environmental stewardship for Indigenous community members.
- Det'on Cho EnvironmentalcoreLi-FT Power conducted its first full year of environmental baseline studies for the Yellowknife Lithium Project led by Det'on Cho Environmental, an Indigenous-owned environmental consulting firm. The comprehensive program assessed aquatic, atmospheric, terrestrial, and human environments, supporting advanced permitting and mine planning.
Scale indicators10 records
Recent moves7 records
Expansion highlights7 records
Li-FT Power competitors and assessment
Company assessmentDirect peers
- Sigma Lithium: Brazilian hard rock lithium producer with the Grota do Cirilo project supplying battery-grade lithium concentrate. Comparable to Li-FT as a publicly listed spodumene producer focused on supplying the LFP/battery-grade lithium market with ESG positioning.
- Critical Elements Lithium Corporation: Quebec-based developer of the Rose Lithium-Tantalum project in the James Bay region with planned spodumene concentrate production. Comparable to Li-FT as a Quebec-focused hard rock lithium developer targeting battery-grade lithium supply chains.
- Piedmont Lithium (Sayona Quebec): US-listed lithium developer with North American hard rock assets including partnerships with Sayona in Quebec. Comparable to Li-FT as a North American-focused hard rock lithium developer with planned downstream lithium hydroxide conversion.
- Rock Tech Lithium: Canadian-German developer of the Georgia Lake project in Ontario with a planned lithium hydroxide converter in Germany. Comparable to Li-FT as a publicly listed hard rock lithium developer with an explicit vertical integration strategy into battery-grade lithium chemicals.
- Sayona Mining: Australian-listed hard rock lithium producer with North American operations including the NAL (North American Lithium) operation in Quebec. Closely comparable to Li-FT as a James Bay-region spodumene producer-developer with combined Quebec and Australian corporate structure.
- Frontier Lithium: Canadian junior developing the PAK Lithium Project in Ontario with a downstream lithium hydroxide converter strategy. Comparable to Li-FT as a Canadian hard rock lithium developer pursuing vertical integration into battery-grade lithium chemicals.
- Patriot Battery Metals: Canadian hard rock lithium developer advancing the Shaakichiuwaanaan (formerly Corvette) project in the James Bay/Eeyou Istchee region of Quebec. Directly comparable to Li-FT as a TSXV-listed spodumene-focused explorer in the same Quebec jurisdiction targeting LFP-grade lithium supply.
Broad incumbents
- Arcadium Lithium (formerly Allkem/Livent): Major global lithium producer (merged from Allkem and Livent) with diversified hard rock and brine operations. Comparable to Li-FT as a vertically integrated lithium chemicals producer; serves as a likely long-term acquirer or strategic partner for Tier-1 hard rock developers like Li-FT.
- Liontown Resources: Australian-listed hard rock lithium developer of the Kathleen Valley project in Western Australia, now majority-owned by Albemarle. Comparable to Li-FT as a Tier-1 hard rock lithium developer with offtake commitments to major battery and OEMs.
Regional players
- Core Lithium: Australian-listed spodumene producer operating the Finniss Lithium Project in the Northern Territory. Comparable to Li-FT's portfolio structure (multiple pegmatite projects) and TSXV/ASX dual-listing approach, though geographically focused on Australia.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Li-FT Power social profiles
Digital presenceLi-FT Power financial estimates
Financial estimateRevenue estimate
Valuation estimate
Li-FT Power leadership team
Management profileNumber of profiles
Profiles12 records
Li-FT Power subsidiaries and ownership
Company hierarchySubsidiaries1 record
Li-FT Power funding detail
Funding detailFunding overview
Funding rounds8 records
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Li-FT Power M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Li-FT Power
What does Li-FT Power do?
Li-FT Power is a hard rock lithium mineral exploration and development company focused on identifying, exploring, and advancing lithium pegmatite projects in Canada. The company's portfolio includes the flagship Yellowknife Lithium Project in Northwest Territories and the tier-one Adina Lithium Project in Quebec (acquired through the 2026 combination with Winsome Resources), targeting the production of spodumene concentrate and battery-grade lithium carbonate for the LFP battery market. The company is currently pre-revenue, advancing assets through diamond drilling, metallurgical testing, environmental baseline studies, and a planned downstream lithium carbonate converter.
Is Li-FT Power a public or private company?
Li-FT Power is a public company. It is classified as public and is currently operating.
When was Li-FT Power founded?
Li-FT Power was founded in 2021. It employs 1 to 10 people.
Where is Li-FT Power based?
Li-FT Power is headquartered in Vancouver, Canada, in the North America region.
How does Li-FT Power make money?
One revenue line is on record: mineral Exploration and Development.
Who are Li-FT Power's main competitors?
Direct peers on record are Sigma Lithium, Critical Elements Lithium Corporation, Piedmont Lithium (Sayona Quebec), Rock Tech Lithium, Sayona Mining, Frontier Lithium and Patriot Battery Metals. Broad incumbents are Arcadium Lithium (formerly Allkem/Livent) and Liontown Resources. Core Lithium is listed as a regional player.
Does Li-FT Power have an API?
No public API is recorded for Li-FT Power.
What industry is Li-FT Power in?
Li-FT Power's product category is Lithium Mining. Its primary akta.pro industry code is IMAKAFAL, Exploration & Resource Development (Critical Minerals), with a secondary code of IMAKAFAA, Lithium Mining & Brine Extraction. Its SIC code is 1000.