Vision Lithium
Vision Lithium Inc. is a pre-revenue junior exploration company exploring and developing lithium and copper mineral assets across Quebec, Manitoba, and New Brunswick for the global battery materials market, funded by flow-through private placements.
- Company typePrivate
- Founded2018
- HeadquartersVal-d'or, Canada
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Vision Lithium does
Vision Lithium Inc. is a pre-revenue junior exploration company headquartered in Val-d'Or, Quebec, focused on exploring and developing battery mineral assets — primarily lithium pegmatite and copper — in safe Canadian jurisdictions across Quebec, Manitoba, and New Brunswick. Its portfolio comprises five properties: the flagship Sirmac lithium property (with a completed NI 43-101 PEA showing 839% pre-tax IRR and $183M CAD NPV5%), the Godslith lithium deposit in Manitoba (historic resource of 9.4M short tons at 1.21% Li2O), the Cadillac lithium property (optioned to Olympio Metals), the Dôme Lemieux copper property in Quebec, and the contiguous Red Brook / Epithermal / Benjamin polymetallic properties in New Brunswick.
The company's technical capabilities center on conventional hard-rock lithium exploration for spodumene-bearing pegmatites, supplemented by airborne Mag-EM geophysical surveying and metallurgical testing at SGS Canada Lakefield, where it demonstrated production of 99.9% pure battery-grade lithium carbonate from Sirmac ore at 88.3% lithium recovery (6.23% Li2O concentrate). A December 2024 cesium discovery (up to 1.94% Cs2O) and a July 2025 multi-dike LCT pegmatite discovery indicate potential byproduct optionality.
Vision Lithium has no operating revenue and is entirely dependent on capital markets. Its business model relies on non-brokered flow-through and non-flow-through private placements to fund Canadian exploration expenses, plus property option agreements that generate non-dilutive capital. It is publicly listed on the TSX Venture Exchange (VLI), OTCQB (ABEPF), and Frankfurt Stock Exchange (1AJ2), led by President & CEO Yves Rougerie, Executive Chairman Victor Cantore, and CFO Nancy Lacoursière, with Nemaska Lithium identified as a major shareholder.
Vision Lithium firmographics
Firmographics- Name
- Vision Lithium
- Legal name
- Vision Lithium Inc.
- Website
- https://visionlithium.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Vision Lithium Inc. is a pre-revenue junior exploration company exploring and developing lithium and copper mineral assets across Quebec, Manitoba, and New Brunswick for the global battery materials market, funded by flow-through private placements.
- Ownership category
- akta.pro rank
Vision Lithium industry classification
Industry- Product category
- Mining Exploration
- NAICS
- Support Activities for Nonmetallic Minerals (except Fuels) Mining (213115), Geophysical Surveying and Mapping Services (541360)
- 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), Mine Development & Processing EPC (Critical Minerals) (IMAKAFAM)
Keywords
Where Vision Lithium is headquartered
LocationHeadquarters
- HQ city
- Val-d'or
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Vision Lithium business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Marketing or Sales, Technology or R&D, Others
Revenue model
- Exploration Capital Raising: Pre-revenue junior exploration company. The company raises capital through non-brokered private placements of flow-through and non-flow-through shares. Proceeds are used exclusively for Canadian exploration expenses on mineral properties. The company has no current operating revenue and is entirely dependent on capital markets for funding.
- Property Option Agreements: The company generates non-dilutive capital by optioning exploration properties to other mining companies. Example: Cadillac Lithium property optioned to Olympio Metals (ASX: OLY) for 100% interest over a one-year period.
Go-to-market motion2 records
Distribution channels1 record
Marketing channels4 records
Vision Lithium product offering
Product offeringCore offering
Vision Lithium is a pre-revenue junior mineral exploration company that explores, acquires, and develops battery-mineral assets, primarily lithium-bearing pegmatite and copper projects, located across Quebec, Manitoba, and New Brunswick, Canada. Its core offerings are its five mineral properties (Sirmac, Godslith, Cadillac, Dôme Lemieux, and the New Brunswick properties) and a demonstrated technical capability to produce 99.9% pure battery-grade lithium carbonate from Sirmac spodumene ore. The company funds exploration through non-brokered flow-through private placements and supplements capital via property option agreements with other mining companies.
Product overview
Vision Lithium is a junior exploration company with a portfolio of battery mineral assets focused on lithium and copper exploration in safe Canadian jurisdictions. The company's core offerings include the Sirmac Lithium Property (flagship asset with completed PEA showing 839% IRR), the Godslith Lithium Property in Manitoba (historical resource of 9.4M short tons at 1.21% Li2O), the Cadillac Lithium Property (optioned to Olympio Metals), the Dôme Lemieux copper-zinc property in Quebec, and three New Brunswick polymetallic properties (Red Brook, Epithermal, Benjamin). The company also demonstrated technical feasibility of producing battery-grade lithium carbonate (99.99% purity) from Sirmac spodumene concentrate. Vision Lithium trades on TSX-V (VLI), OTCQB (ABEPF), and FSE (1AJ2).
Differentiator
Problem solved
Functional benefit
Products and services
- Sirmac Lithium Property Flagship 100%-owned lithium exploration property in Quebec's Frotet-Evans Greenstone Belt (155 claims, ~7,760 hectares) including the Dike #5 lithium-tantalum deposit; the basis of the company's positive NI 43-101 PEA (839% pre-tax IRR, CAD $183M NPV5%).
- Godslith Lithium Property 100%-owned lithium pegmatite deposit in Manitoba (~5,560 hectares) with historical resource of 9.4 million short tons at 1.21% Li2O and mineralized zone extending approximately 2.3 km along strike; subject to a 3% NSR royalty.
- Cadillac Lithium Property Lithium exploration property in Quebec (~320 claims, ~18,378 hectares), located 10 km south of Cadillac; optioned to Olympio Metals (ASX: OLY) in August 2023 under a one-year 100% interest option agreement.
- Dôme Lemieux Copper Property Copper-zinc exploration property located in Quebec's Gaspésie region, identified as a porphyry-skarn target associated with Devonian intrusives.
- New Brunswick Polymetallic Properties (Red Brook, Epithermal, Benjamin) Three contiguous polymetallic exploration properties (Red Brook, Epithermal, Benjamin) covering 4,760 hectares approximately 60 km west of Bathurst, Northern New Brunswick, targeting copper-zinc-gold-silver mineralization; subject to a 2% NSR royalty.
- Battery-Grade Lithium Carbonate Production (Sirmac metallurgical demonstration) Technical/metallurgical demonstration at SGS Canada Lakefield producing 99.9% pure lithium carbonate from Sirmac spodumene concentrate at 88.3% lithium recovery on a 6.23% Li2O concentrate, proving the full lithium value chain is technically achievable from Vision Lithium's ore.
Quantifiable outcome
- Sirmac PEA: 839% IRR pre-tax, $183M CAD NPV5%, payback in less than one year
- +2 more outcomes
Companies that use Vision Lithium
Customer profileSegments1 record
Ideal customer profiles2 records
Vision Lithium technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Vision Lithium partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered minor and core.
- Olympio Metals (ASX: OLY)minorVision Lithium signed an option agreement with Olympio Metals (ASX: OLY) of West Perth, Australia, whereby Olympio can acquire an undivided 100% interest in the Cadillac Lithium property over a one-year period. The property is located less than 20km South of the Northern Trans-Canada highway between Rouyn-Noranda and Val d'Or.
- Manto Sipi Cree Nation (MSCN)coreVision Lithium is negotiating an exploration agreement with the Manto Sipi Cree Nation for the Godslith property located within and surrounding the traditional territory of the First Nation in the God's Lake area of Manitoba. The agreement aims to establish a long-term, mutually beneficial, cooperative, and respectful relationship.
- 9248-7792 Quebec Inc. and Prospect Or Corp.minorVision Lithium acquired a 100% undivided interest in the Red Brook, Epithermal, and Benjamin mineral exploration properties from 9248-7792 Quebec Inc. and Prospect Or Corp. The three contiguous properties comprise 17 mineral claims covering 4,760 hectares in Northern New Brunswick. Vision Lithium issued 6,000,000 shares to 9248 and 4,000,000 shares to POC, plus granted a 2% NSR royalty.
Scale indicators6 records
Recent moves6 records
Expansion highlights4 records
Vision Lithium competitors and assessment
Company assessmentEmerging players
- Standard Lithium: Canadian lithium developer pursuing direct lithium extraction (DLE) from brines in Arkansas and elsewhere. Comparable in market positioning as a publicly listed Canadian lithium pure-play, though it focuses on brine rather than hard rock.
- Piedmont Lithium: US-listed lithium developer with North Carolina hard-rock projects and offtake agreements with Tesla. Comparable as a North American spodumene-focused developer, though at a more advanced and larger scale than Vision Lithium.
- Rock Tech Lithium: Canada/Germany-based lithium developer building a converter in Guben, Germany, with spodumene sourcing from Canadian and European mines. Comparable as a vertically integrated junior pursuing hard-rock lithium into battery-grade chemicals.
Direct peers
- Critical Elements Lithium Corporation: Canadian junior developing the Rose lithium-tantalum project in Quebec. Directly comparable to Vision Lithium's Sirmac hard-rock spodumene project in terms of jurisdiction, deposit style, and stage of development.
- Winsome Resources: Australia-listed hard-rock lithium explorer with the Adina project in Quebec's James Bay region. Comparable as a junior pursuing spodumene resources in the same Canadian lithium district as Vision Lithium.
- Sayona Mining: Australia-listed lithium developer producing spodumene concentrate at North American Lithium in Quebec through its Moblan and Authier projects. Directly comparable as a hard-rock lithium producer/explorer in Quebec.
- Frontier Lithium: Canadian junior developing the PAK lithium project in Ontario with a downstream lithium chemicals demonstration plant. Comparable as a Canadian hard-rock lithium explorer/developer pursuing battery-grade conversion.
- Nemaska Lithium: Quebec-based lithium developer and Vision Lithium's largest identified shareholder. Operates the Whabouchi hard-rock lithium mine and Bécancour lithium hydroxide conversion facility, making it the most directly comparable Canadian lithium peer and a potential offtake/strategic partner.
- Patriot Battery Metals: Canadian lithium explorer with the Shaakichiuwaanaan (formerly Corvette) project in Quebec — one of the largest hard-rock lithium resources in North America. Comparable as a TSX-V listed lithium junior operating in the same Quebec jurisdiction.
Broad incumbents
- Lithium Americas: Large-cap North American lithium developer with the Thacker Pass (Nevada) and Cauchari-Olaroz (Argentina) projects. Less directly comparable by stage but relevant as a publicly traded lithium pure-play shaping sector valuations.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat2 records
Key risks6 records
Key highlights7 records
Customer concentration
Vision Lithium financial estimates
Financial estimateRevenue estimate
Valuation estimate
Vision Lithium leadership team
Management profileNumber of profiles
Profiles4 records
Vision Lithium funding detail
Funding detailFunding overview
Funding rounds3 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Vision Lithium M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Vision Lithium
What does Vision Lithium do?
Vision Lithium is a pre-revenue junior mineral exploration company that explores, acquires, and develops battery-mineral assets, primarily lithium-bearing pegmatite and copper projects, located across Quebec, Manitoba, and New Brunswick, Canada. Its core offerings are its five mineral properties (Sirmac, Godslith, Cadillac, Dôme Lemieux, and the New Brunswick properties) and a demonstrated technical capability to produce 99.9% pure battery-grade lithium carbonate from Sirmac spodumene ore. The company funds exploration through non-brokered flow-through private placements and supplements capital via property option agreements with other mining companies.
Is Vision Lithium a public or private company?
Vision Lithium is a private company. It is classified as public and is currently operating.
When was Vision Lithium founded?
Vision Lithium was founded in 2018. It employs 11 to 50 people.
Where is Vision Lithium based?
Vision Lithium is headquartered in Val-d'or, Canada, in the North America region.
How does Vision Lithium make money?
Two revenue lines are on record. Exploration Capital Raising is the primary driver. The others are property Option Agreements.
Who are Vision Lithium's main competitors?
Emerging players on record are Standard Lithium, Piedmont Lithium and Rock Tech Lithium. Direct peers are Critical Elements Lithium Corporation, Winsome Resources, Sayona Mining, Frontier Lithium, Nemaska Lithium and Patriot Battery Metals. Lithium Americas is listed as a broad incumbent.
Does Vision Lithium have an API?
No public API is recorded for Vision Lithium.
What industry is Vision Lithium in?
Vision Lithium's product category is Mining Exploration. Its primary akta.pro industry code is IMAKAFAL, Exploration & Resource Development (Critical Minerals), with a secondary code of IMAKAFAA, Lithium Mining & Brine Extraction. Its NAICS code is 213115 and its SIC code is 1000.