POWR Lithium

What POWR Lithium does

POWR Lithium Corp. is a publicly traded mineral exploration and development company headquartered in Vancouver, British Columbia, focused on claystone-hosted lithium deposits in North America. The company, formerly known as Clear Sky Lithium Corp., began trading on the Canadian Securities Exchange in June 2022 and rebranded to POWR Lithium in February 2023. It holds interests in three exploration assets: the Halo Project (98 mineral claims spanning 2,024 acres in Esmeralda and Nye Counties, Nevada), the 100%-owned ELi Property in Nevada's Little Smoky Valley, and the Laroque Lake Project in Saskatchewan, Canada (acquired October 2024). The company targets sedimentary claystone lithium deposits — a geological formation historically difficult to process — as a domestic U.S. supply source for clean energy and electric vehicle battery manufacturers.

The company's technical differentiator is the development of claystone extraction and processing technologies, pursued in partnership with MDS Technical Corp, which holds patented membrane extraction technology. Metallurgical advisory is provided by Turnstone Metallurgical Services (led by Marcus Tomlinson, PhD), bringing 30+ years of process development experience across Goldcorp, Barrick Gold, and the Round-Top Project. Phase 1 maiden drilling at the Halo Project returned a peak lithium value of 1,735 ppm and broad intersections of 994.4 ppm Li over 204 feet; ELi grab samples returned up to 1,023 ppm lithium. The company employs 1-10 people and operates with a lean technical and advisory team.

POWR Lithium is pre-revenue with no current product sales. Its business model is to advance lithium properties toward production, with future monetization expected either through off-take agreements with battery manufacturers or lithium processors, or through acquisition by a larger mining company. To date, the company has raised approximately CAD $5.2 million across three non-brokered private placements (July 2022: CAD $3M; September 2023: CAD $2M; April 2025: CAD $204,500), with successive round sizes declining markedly. POWR trades on the CSE (POWR), Frankfurt Stock Exchange (6JX), and OTCQB (PWRLF), and is led by CEO Matt Chatterton (appointed December 2023).

Name

POWR Lithium

Legal name

POWR Lithium Corp.

Website

https://powrlithium.com

Company type

Public

Founded year

2022

Operating status

Operating

Headcount range

1–10 employees

Short description

POWR Lithium is a publicly traded mineral exploration and development company focused on claystone-hosted lithium deposits in Nevada and Saskatchewan. The pre-revenue company targets domestic U.S. lithium supply for battery and EV manufacturers through three exploration properties and claystone processing technology development.

Ownership category

akta.pro rank

Product category

Lithium Exploration & Development

SIC

Metal Mining (1000)

akta.pro primary industry

Exploration & Resource Development (Critical Minerals) (IMAKAFAL)

akta.pro secondary industries

Lithium Mining & Brine Extraction (IMAKAFAA), Battery Raw Materials Mining & Refining (Lithium, Nickel, Cobalt, Manganese, Graphite) (EUAFABAA), Battery-Grade Chemical Processing (LiOH/Li2CO3, Ni/Co Sulfates, Mn Sulfate) (IMAKAFAI)

Keywords

• Lithium exploration
• Mineral development
• Claystone lithium deposits
• Battery-grade lithium
• Lithium extraction technology

Headquarters

HQ city

Vancouver

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Marketing or Sales, Personnel, Technology or R&D, Others

Distribution channels1 record

Marketing channels4 records

Core offering

POWR Lithium is a pre-revenue mineral exploration and development company advancing claystone-hosted lithium properties in North America (Halo and ELi projects in Nevada; Laroque Lake Project in Saskatchewan). The company is developing proprietary claystone extraction and processing technologies in partnership with MDS Technical Corp, aimed at producing battery-grade lithium carbonate to serve the domestic U.S. clean energy and electric vehicle supply chains.

Product overview

POWR Lithium is a mineral exploration and development company focused on American lithium deposits to support domestic demand. The company operates a portfolio of exploration assets including the Halo Project and Eli Property in Nevada, and the Laroque Lake Project in Saskatchewan. The company is also developing proprietary claystone extraction and processing technologies in partnership with MDS Technical Corp. for cost-effective lithium extraction from claystone deposits.

Differentiator

Problem solved

Functional benefit

Products and services

• Halo Project A lithium exploration project consisting of 98 mineral claims located in Esmeralda and Nye Counties, Nevada, prospective for claystone-hosted lithium mineralization. Strategically positioned between American Lithium's TLC project and American Battery Technology's Tonopah Flats project. The Phase 1 maiden drilling campaign discovered lithium-bearing claystone with intersections up to 1,735 ppm Li, including Hole Halo-003-23 which intersected 204 feet (62.2m) of 994.4 ppm Li.
• ELi (Eli) Property A 100%-owned claystone lithium project located in Nevada's Little Smoky Valley. The project has returned grab sample results ranging from 278 ppm to 1,023 ppm lithium, with ongoing exploration and field work programs including geological mapping and auger sampling by Tigren Inc.
• Laroque Lake Project A lithium project in Saskatchewan, Canada, acquired by POWR Lithium through a property option agreement dated October 10, 2024, expanding the company's North American lithium portfolio beyond its Nevada holdings.
• Claystone Extraction and Processing Technologies Proprietary extraction and processing technologies for claystone-hosted lithium, developed in partnership with MDS Technical Corp. The technology enables cost-effective lithium extraction from claystone deposits with reduced water usage, addressing a historic challenge in the lithium industry and positioning the company to supply battery-grade lithium carbonate for the clean energy and EV markets.

Quantifiable outcome

• Phase 1 maiden drilling campaign discovered up to 1,735 ppm lithium
• +2 more outcomes

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Five partnerships are on record, tiered minor and core.

• Eva Garland Consulting, LLCminorStrategic or Co-development Partner · 4 November 2022EGC engaged to develop strategic non-dilutive plan targeting grant funding opportunities from federal, state, and county sources for lithium technology advancement. EGC has raised over US$600M in grant funding to-date and specializes in technology grant funding applications.
• Turnstone Metallurgical Services (Marcus Tomlinson, PhD)coreTechnology or Integration · 28 October 2022Marcus Tomlinson, PhD, leads Turnstone Metallurgical Services as Lead Technology Advisor. With over 30 years of metallurgical experience including roles at Goldcorp, Barrick Gold, and work on USA Rare Earth's Round-Top Project, Tomlinson brings expertise in developing patented processes for lithium extraction from claystone materials.
• MDS Technical CorpcoreTechnology or Integration · 30 September 2022California-based MDS Technical Corp partnered with POWR (then Clear Sky Lithium) for development and testing of patented membrane extraction technology tailored to lithium-bearing claystones. MDS brings over 40 years of membrane technology development experience across multiple industries including mining and metals processing.
• Tigren Inc.minorImplementation/ SI/ Consulting Partner · 28 September 2022Tigren Inc. of Reno, Nevada engaged for geological field services including auger sampling and detailed geological mapping at the ELi and Halo projects. Controlled by Marco Montecinos, a director of the company.
• Jean DepatiecoreOthers · 23 September 2022Jean Depatie appointed as Head Advisor of Project Development and Acquisitions. With 45+ years of international experience in economic geology and mining corporate finance, including involvement in Glamis Gold (sold to Goldcorp), Consolidated Thomson Iron Mines ($4.9B acquisition), and the world's largest graphite mine. Recipient of Prix d'Excellence from Québec Ministry of Mines.

Scale indicators7 records

Recent moves10 records

Expansion highlights5 records

Direct peers

• Ioneer Ltd: Developer of the Rhyolite Ridge lithium-boron project in Nevada. Comparable as a U.S.-focused, publicly listed advanced-stage lithium developer pursuing sedimentary-hosted lithium for the domestic battery supply chain.
• Standard Lithium Ltd. Develops lithium extraction technology (DLE) targeting U.S. resources for battery-grade lithium. Comparable as a publicly listed, technology-enabled lithium developer with a similar focus on domestic supply chains.
• American Battery Technology Company: Operates the Tonopah Flats lithium project directly adjacent to POWR's Halo Project. Targets claystone lithium with its own proprietary processing flowsheet, making it the closest geographic and technical peer.
• American Lithium Corp. Direct neighbor at the TLC Project in Esmeralda County, Nevada, targeting sedimentary claystone-hosted lithium. Most directly comparable junior developer in the same district, same deposit type, and same end-market focus on battery-grade lithium.
• Noram Lithium Corp. Clayton Valley, Nevada-based junior focused on high-grade claystone lithium at the Zeus project. Comparable scale, jurisdiction, and deposit type to POWR's Nevada properties.
• Cypress Development Corp. Clayton Valley, Nevada claystone lithium developer focused on sedimentary-hosted lithium. Similar size and stage to POWR and targeting the same U.S. lithium chemicals end-market.

Broad incumbents

• Albemarle Corporation: Largest U.S.-headquartered lithium producer with global brine and hard-rock operations. Serves the same battery-grade lithium end-market and benefits from the same policy tailwinds, but operates at vastly larger scale with established offtake relationships.
• Lithium Americas Corp. Major North American lithium developer with the Thacker Pass project in Nevada. Operates in the same U.S. jurisdiction and target market but at materially larger scale and a more advanced permitting/construction stage.

Emerging players

• Spearmint Resources Inc. Canadian micro-cap with early-stage Nevada claystone lithium claims. Comparable as a similarly small, CSE-listed exploration play pursuing U.S. lithium assets but at a less advanced stage.

Others

• Liontown Resources Limited: Australian hard-rock lithium developer (Kathleen Valley) supplying battery-grade spodumene concentrate. Adjacent to POWR's battery-grade lithium theme but operates a different deposit type and geography; useful as a comparable for downstream lithium chemicals economics.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks7 records

Key highlights6 records

Customer concentration

• Xtwitter.com/powrlithium
• Facebookfacebook.com/powrlithium
• LinkedInlinkedin.com/company/powr-lithium

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about POWR Lithium