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Neo Lithium Corp.

Canada

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What Neo Lithium Corp. does.

Neo Lithium Corp. is a company focused on the development of lithium brine assets, with its flagship project, Tres Quebradas (3Q), located in the Lithium Triangle, which accounts for 40% of global production and 90% of the brine resource. The company aims to become one of the most sustainable lithium producers by designing energy-efficient facilities and minimizing carbon footprint. The 3Q Project has a high grade of lithium, with the third highest in the world, and the lowest critical impurities globally. It has proven processing capabilities and is expected to produce 20,000 tons per annum of lithium carbonate at an NPV8% of US$1.1 billion and an IRR of approximately 40%. The project has a payback period of less than two years, with operational expenses in the lowest quartile of the industry and capital expenditures among the lowest for greenfield developments. Waldo Perez, President a

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