The Work Index by Flexa

Lithium Ionic Corp. (TSXV: LTH | OTCQX: LTHCF | FRA: H3N)

Lithium Ionic Corp. is a Canadian mining company focused on developing its lithium properties in Brazil, with a goal of becoming a near-term producer of high-quality lithium concentrate.

https://www.lithiumionic.com/
5.7

/10

Transparency ranking

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Description

Lithium Ionic Corp. is a Canadian mining company focused on exploring and developing lithium properties in Brazil. The company's flagship projects, Itinga and Salinas, span over 14,000 hectares in the northeastern part of Minas Gerais state, a region known as "Lithium Valley" for its abundant hard-rock lithium deposits. They are rapidly advancing their flagship Bandeira Lithium Project, which is on track to become a near-term producer of high-quality, low-cost lithium concentrate, supporting the global electric vehicle and battery supply chains.

The company has a strong commitment to environmental responsibility and sustainable mining practices, adhering to international standards and actively engaging with local communities. They prioritize local employment, economic development, and stakeholder engagement, aiming to be a responsible and beneficial presence in the region. Lithium Ionic has secured key permitting milestones for the Bandeira project, including the approval of final exploration reports and water rights, and is actively drilling and exploring their properties.

Mission

Lithium Ionic is a Canadian mining company focused on becoming a near-term producer of high-quality, low-cost lithium concentrate in Brazil's "Lithium Valley." The company is dedicated to supporting the global electric vehicle and battery supply chains by rapidly advancing its highly scalable Bandeira project towards production while maintaining a commitment to sustainable and responsible practices.

Disruptor
Environmental impact driven
Improving quality of life/health
Science and research driven
Social impact led
Soonicorn
Sustainability

Culture

Lithium Ionic promotes a culture of trust, transparency, and responsibility, emphasizing integrity, fairness, and diversity & inclusion throughout its operations. This is evident in their commitment to complying with international standards such as GRI, TCFD, and SASB, as well as their strong Code of Business Conduct and Ethics, Anti-Bribery Policy, and various ESG-focused policies.

Agile and dynamic
Collaborative
Entrepreneurial
Fast-paced
People-first
Progressive
Supportive
Transparent

DE&I

Lithium Ionic Corp. prioritizes diversity and inclusion throughout its operations, promoting a culture of trust and transparency. They believe in equitable practices across all aspects of their business and corporate structure, fostering a supportive and safe workplace free from harm, harassment, and discrimination. The company has implemented a Diversity and Inclusion Policy to solidify its commitment to responsible practices, striving to increase the proportion of women in on-site and corporate office roles and establishing local training programs to encourage wider community participation in its projects.

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