Lithium Chile

What Lithium Chile does

Lithium Chile Inc. (TSX-V: LITH, OTCQB: LTMCF) is a Canadian public mineral exploration company headquartered in Calgary, Alberta, with operating assets concentrated in the South American Lithium Triangle. The company was founded in 2018 and has assembled a portfolio of 13 lithium projects across Chile (over 110,000 hectares) and Argentina (29,245 hectares), with the centerpiece being the Salar de Arizaro project in Salta Province, Argentina (held through wholly-owned subsidiary Argentum Lithium), where a 2024 NI 43-101 pre-feasibility study defines 4.12 million tonnes of lithium carbonate equivalent (LCE) mineral resource, supports a 25,000 tonnes-per-annum battery-grade lithium carbonate production target with a 20-year mine life, and indicates a pre-tax NPV of US$3.8 billion at a 42.1% pre-tax IRR. Underlying technical work combines conventional brine evaporation, Direct Lithium Extraction (DLE) processes advanced via a partnership with Summit Nanotech, metallurgical studies conducted at the company's Jujuy Province laboratory, and geophysical methods including TEM surveys that have identified large conductive anomalies at Coipasa (58 sq km), Turi (63 sq km), and Helados (60 sq km). The company additionally holds a Special Lithium Operation Contract (CEOL) granted in April 2025 for the Coipasa Salar, has a joint venture with Eramet (Molle Verde) covering more than 40,000 hectares of Chilean properties, and has executed a definitive agreement to sell the Arizaro Project to China Union Holdings for US$175 million (shareholder approved May 2026 with drop-dead date extended to June 2026).

Lithium Chile operates as a pre-revenue exploration-stage developer with a dual-track monetization strategy: (1) advancing lithium brine projects toward commercial production and supplying battery-grade lithium carbonate to electric vehicle and energy storage OEMs, and (2) strategic asset divestitures. The company's near-term revenue profile is dominated by the pending US$175M Arizaro sale to China Union Holdings, a transaction rather than operating revenue. The company is funded through equity capital markets — including a CAD$27.9 million private placement led by Chengxin Lithium Group in May 2022 and a CAD$7.975 million upsized LIFE offering completed in October 2025 — and reported approximately CAD$5 million in cash and marketable securities with zero debt as of October 2025.

Customers and counterparties today are overwhelmingly strategic: Chengxin Lithium Group holds approximately 19.86% (April 2022 early warning filing) and is represented on the board; Eramet is the active JV partner; China Union Holdings is the contracted acquirer of Arizaro; Grupo Errázuriz co-applies for the CEOL; and REMSa, the Salta provincial mining authority, governs permitting. End-customer economics (battery manufacturers, EV OEMs) remain prospective and dependent on the company advancing from exploration to production.

Name

Lithium Chile

Legal name

Lithium Chile Inc.

Website

https://lithiumchile.ca

Company type

Public

Founded year

2018

Operating status

Operating

Headcount range

1–10 employees

Short description

Lithium Chile Inc. is a Calgary-based, TSX-V-listed mineral exploration company developing lithium brine projects across Chile and Argentina's Lithium Triangle, with a NI 43-101 pre-feasibility-stage asset (Arizaro) currently under contract for US$175 million divestiture to China Union Holdings.

Ownership category

akta.pro rank

Product category

Lithium Mining and Resource Development

SIC

Mining & Quarrying Of Nonmetallic Minerals (No Fuels) (1400)

akta.pro primary industry

Lithium Mining & Brine Extraction (IMAKAFAA)

akta.pro secondary industries

Exploration & Resource Development (Critical Minerals) (IMAKAFAL), Battery Raw Materials Mining & Refining (Lithium, Nickel, Cobalt, Manganese, Graphite) (EUAFABAA)

Keywords

• Lithium mining exploration
• Lithium brine extraction
• Mineral resource development
• Battery-grade lithium carbonate
• Lithium property acquisition

Headquarters

HQ city

Calgary

HQ country

Canada

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Lithium Production (Future): Once developed, the company plans to produce battery-grade lithium carbonate at 25,000 tonnes per annum from the Arizaro Project, generating recurring revenue from product sales to battery manufacturers and EV companies. Currently pre-revenue as an exploration-stage company.
2. Asset Divestiture / Strategic Transactions: The company monetizes assets through strategic sales, as evidenced by the $175M definitive agreement to sell the Salar de Arizaro project to China Union Holdings. This represents a one-time or periodic transaction-based revenue stream.
3. Capital Markets / Equity Financing: The company raises capital through private placement offerings (e.g., $7.975M LIFE offering closed October 2025) and warrant exercises to fund exploration and project advancement. This is not a product revenue stream but a financing mechanism.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Lithium Chile is a lithium exploration and resource development company that acquires, explores, and develops lithium brine mining properties in the Lithium Triangle region of Chile and Argentina. The company plans to produce battery-grade lithium carbonate at 25,000 tonnes per annum from its flagship Arizaro Project in Salta Province, Argentina, while monetizing assets through strategic sales and joint ventures. It currently holds 13 premier lithium projects spanning over 110,000 hectares in Chile and 29,245 hectares in Argentina.

Product overview

Lithium Chile is a lithium mining exploration and resource development company operating the Lithium Triangle in Chile and Argentina. Its portfolio comprises a core set of lithium brine projects (Salar de Arizaro, Salar de Coipasa, Salar de Llamara, Salar de Turi, Salar de Atacama, Salar de Helados, Salar de Laguna Blanca) alongside a joint venture with Eramet (Molle Verde) covering four additional Chilean properties and a non-core suite of copper/gold/silver properties managed through subsidiary Kairos Gold. The company operates through its subsidiary Argentum Lithium on the Arizaro Project in Argentina. The offering is structured as a multi-asset, multi-jurisdiction exploration portfolio rather than a unified software platform or product suite.

Differentiator

Problem solved

Functional benefit

Products and services

• Arizaro Project (Salar de Arizaro) Flagship lithium brine asset in Salta Province, Argentina, with a completed NI 43-101 pre-feasibility study showing 4,122,000 tonnes LCE mineral resource, 25,000 tonnes per annum planned production capacity of battery-grade lithium carbonate, 20-year mine life, and a pre-tax NPV exceeding US$3.8B with 42.1% IRR. Subject to a US$175M sale to China Union Holdings.
• Salar de Coipasa Lithium brine property in Chile with near-surface brine samples assaying up to 1,410 mg/L lithium, featuring a 58 square kilometer high-conductivity TEM anomaly and gravity-surveyed basin depth of 500–1,000m. Awarded CEOL securing exclusive lithium development rights.
• Salar de Llamara Chilean lithium brine property covering 35,500 hectares, with brine sampling showing grades up to 350 mg/L lithium and a 74 kilometer TEM geophysical program underway. Part of the Eramet Molle Verde Joint Venture.
• Salar de Turi Chilean lithium brine project with near-surface brine samples assaying up to 590 mg/L lithium, featuring a 63 square kilometer TEM anomaly and accessible from Calama (60 km southwest) with good infrastructure proximity. 50.01% optioned to Monumental Minerals.
• Salar de Atacama Lithium brine property in the Atacama region with near-surface brine samples assaying up to 1,330 mg/L lithium, with grades comparable to SQM and Albemarle production plants; two large TEM anomalies cover 20–25 square kilometers.
• Salar de Helados Chilean lithium brine property with near-surface brine samples assaying up to 1,190 mg/L lithium, a 60 square kilometer TEM anomaly, and gravity-surveyed basin depth of 300–700m.
• Salar de Laguna Blanca Early-stage Chilean exploration property with 5,200 hectares of exploration concessions, near-surface brine samples assaying up to 1,230 mg/L lithium and surface salt samples up to 1,450 ppm lithium and 692 ppm cesium.
• Molle Verde Joint Venture with Eramet Joint venture with French mining major Eramet covering four Chilean properties (Llamara, Aguilar, Rio Salado, and Aquas Caliente) spanning over 40,000 hectares for lithium exploration.

Quantifiable outcome

• Pre-tax NPV of US$3.8B with 42.1% pre-tax IRR for the Arizaro Project
• +3 more outcomes

Segments2 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• Grupo ErrázurizcoreStrategic or Co-development Partner · 6 February 2025Lithium Chile and Grupo Errázuriz applied for a CEOL (Special Lithium Operation Contract) to produce lithium in the Coipasa salt flat in Chile. This joint application seeks exclusive rights for lithium development on the Coipasa salar under Chile's national lithium strategy.
• ErametcoreStrategic or Co-development Partner · 5 March 2024Lithium Chile has an ongoing joint venture with Eramet, a major European mining company, to explore four of the company's Chilean properties: Llamara, Aguilar, Rio Salado, and Aquas Caliente. The joint venture covers an expansive area exceeding 40,000 hectares. In February 2025, the company executed the Molle Verde Joint Venture with Eramet of France to advance exploration activities.
• Monumental MineralsminorStrategic or Co-development Partner · 23 August 2022Lithium Chile signed a letter of intent and subsequently a definitive agreement to option 50.01% of the Salar de Turi Project in Chile to Monumental Minerals, a company focused on lithium exploration.
• Volos Minerals Inc.minorChannel Partner/ Reseller/ Distributor · 18 August 2022Lithium Chile entered into an option agreement with Volos Minerals Inc. for its copper-gold-silver Las Garillas Property, granting Volos the right to earn an interest in the property through exploration expenditure.
• REMSa (Recursos Energéticos y Mineros de Salta)coreStrategic or Co-development Partner · 20 June 2022Lithium Chile executed an MOU with REMSa (Salta Province's energy and mining authority) for additional claims on the Salar de Arizaro in Salta Province, Argentina. The company's subsidiary Argentum Lithium was awarded 8,445 hectares on the Salar de Arizaro by REMSa, and the company pre-awarded the Chascha Sur concession adjacent to Arizaro for water resources.
• Apollo GoldminorStrategic or Co-development Partner · 12 August 2020Lithium Chile entered into a joint venture with Apollo Gold (later terminated in August 2021) for the exploration of Apolo and Sancarron gold-silver properties in Chile. TSX approval was received in August 2020 for the joint venture.
• Ausenco EngineeringminorImplementation/ SI/ Consulting PartnerLithium Chile contracted Ausenco Engineering to complete the Preliminary Economic Assessment (PEA) and pre-feasibility study reports for the Salar de Arizaro project in Argentina, providing technical engineering and project evaluation services.

Scale indicators9 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• Lithium Argentina (formerly Lithium Americas Argentina): Operates the Cauchari-Olaroz lithium brine project in Jujuy Province, Argentina. Most directly comparable peer as a Lithium Triangle lithium brine developer with production-stage assets and similar PFS-to-production execution profile.
• Wealth Minerals: Canadian junior lithium developer with a portfolio of Chilean salars including Ollague (acquired from Lithium Chile in 2022). Closely comparable as a peer junior miner pursuing the same Lithium Triangle brine strategy.
• Sigma Lithium Resources: Canadian-listed lithium producer focused on hard rock spodumene in Brazil, but comparable as a mid-stage lithium developer advancing toward battery-grade lithium production and pursuing strategic transactions in the global lithium supply chain.
• Critical Elements Lithium Corporation: Canadian junior advancing the Rose Lithium-Tantalum project in Quebec toward production. Comparable as a publicly listed lithium developer at the PFS/feasibility stage pursuing battery-grade lithium production.
• Piedmont Lithium: U.S.-listed lithium developer with hard rock assets in North Carolina and strategic investments in Atlantic Lithium (Ghana). Comparable as a publicly traded mid-stage lithium developer targeting the battery-grade lithium market with similar offtake and strategic transaction dynamics.

Broad incumbents

• SQM (Sociedad Química y Minera de Chile): Major incumbent lithium producer with operations at Salar de Atacama, Chile. Operates in the same lithium brine jurisdiction as Lithium Chile's Chilean portfolio and serves the same battery-grade lithium carbonate end market.
• Albemarle Corporation: World's largest lithium producer with brine operations at Salar de Atacama, Chile. Comparable as a major incumbent targeting the same battery-grade lithium carbonate market from similar Lithium Triangle resources.
• Ganfeng Lithium: Major Chinese lithium producer with brine and hard rock assets globally, including significant investments in Argentine lithium projects (Cauchari-Olaroz, Mariana). Comparable as a vertically integrated lithium major with strategic interests in the same Lithium Triangle jurisdictions.

Emerging players

• International Lithium Corp. Canadian junior with lithium brine and hard rock projects in Argentina (Raleigh Lake) and other jurisdictions. Comparable as a small-cap peer pursuing lithium brine exploration with a similar development-stage profile.

Others

• Eramet: Major French mining group and Lithium Chile's JV partner at the Molle Verde joint venture across four Chilean properties (40,000+ hectares). Comparable as a strategic counterparty and major lithium industry player with deep technical and financial capacity.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ChileLithium
• YouTubeyoutube.com/@LithiumChileInc
• Facebookfacebook.com/LithiumChileLITH
• LinkedInlinkedin.com/company/lithiumchile
• Instagraminstagram.com/lithiumchileinc

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries2 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 Lithium Chile