Lithium Ionic’s Blake Hylands on Advancing Towards Lithium Production in Brazil

In a recent InvestorNews interview, host Tracy Weslosky sat down with Blake Hylands, CEO and Director of Lithium Ionic Corp. (TSXV: LTH | OTCQX: LTHCF), to discuss Lithium Ionic's progress in moving its projects towards production within Brazil's Minas Gerais state, a mining-friendly jurisdiction that is quickly emerging as a world-class hard-rock lithium district. Blake goes on to discuss Lithium Ionic’s recently announced Preliminary Economic Assessment (PEA) for their Bandeira project, revealing a US$1.6 billion post-tax Net Present Value (NPV), a 121% Internal Rate of Return (IRR), and an impressive 14-month payback period. Blake believes that lithium prices will continue to rise, contributing to even faster project payback. Highlighting the continuing supply-demand imbalance, Blake delved into how Lithium Ionic is strategically positioning itself in the global lithium industry. While continuing to drill to expand their resources, Blake highlighted how Lithium Ionic is actively securing permits, power sources, and de-risking their projects to fast-track production.