LEXI Home2023-06-13T02:29:55+00:00

Finding and Developing the Building Blocks of the Green Energy Revolution

Lithium Energi Exploration Inc. (LEXI) is a green energy company focused on acquiring
exploring and developing lithium brine assets in Argentina.

A Lithium Triangle Project

Lithium Energi Exploration Inc. (LEXI) is a green energy company focused on the acquisition and development of lithium brine assets in Argentina. Headquartered in Toronto, Ontario, with offices in Catamarca, Argentina, the Company’s shares are listed on the TSX Venture Exchange (TSXV:LEXI), the Frankfurt Exchange (FR:LO9) and the U.S. OTC market (OTC:LXENF). All LEXI’s projects are in the heart of the prolific Lithium Triangle, in the mining-friendly province of Catamarca, near a multitude of projects and operations owned by some of the most prominent players in the lithium industry. LEXI has consolidated one of the largest lithium brine claim portfolios in this region that is not owned by a producing company, with key positions on two of the world’s highest-quality salars, Antofalla and Hombre Muerto, totaling approximately 72,000 hectares.

0
THOUSAND HECTARES
0
NUMBER OF CLAIMS
0
NUMBER OF PROJECTS
0
NUMBER OF SALARS

lithium is the driving force behind the global energy transition

The global energy transition is predicted to trigger as much as a 40-fold increase in demand for lithium by 2040, according to the International Energy Agency (IEA). Lithium-ion batteries are used to store energy from renewable sources such as wind and solar. Demand for electric vehicles (EVs) is also soaring as more countries pledge to phase out gasoline-powered cars. Sometimes called ‘white gold’, lithium is one of the key components in EV batteries. Clean energy transitions will have far-reaching consequences and opportunities for metals and mining.

Demand

Demand for lithium is predicted to grow 40-fold in the next two decades due to the energy transition to renewable power and electric vehicles.

Electric Vehicles

Looking closer, the analysts forecast 2.9 million tonnes of LCE (Lithium Carbonate Equivalent) a year by 2032. Consider that, in total, 2.7 tonnes of LCE were produced from 2015 through 2022 so far. In 2040, one month’s lithium needs are expected to be equal to all of the battery-grade lithium produced in 2021.

Supply

According to industry consensus data, global production of lithium amounted to 546,000 tonnes of lithium carbonate equivalent (LCE) in 2021.

Lithium Supply

Annual production of 11.2 million tonnes LCE will be needed by 2050 with energy storage making up two-thirds of battery demand by that date, due to the growth of renewable energy sources such as wind and solar.

Investment

Production needs significant new investment to keep pace with demand for the metal that represents ~70% of the value in a battery.

To Reach Demand

The lithium industry needs $42 billion of investment if it is to meet 2030 demand, according to analysis by Benchmark Mineral Intelligence. This works out at approximately $7 billion a year between now and 2028 if the industry is to meet lithium demand by the end of the decade.

Efficiency

Lithium brines are by far a much cleaner, greener source of lithium than traditional deep pit, hard rock mining operations.

Looking Ahead

Lithium chemicals derived from hard rock sources such as spodumene can be more than three times as carbon-intensive as that from brine sources according to Benchmark Mineral Intelligence’s (Benchmark Minerals’) Lithium ESG Report.

Our Neighbors

LEXI’S expansive property portfolio is situated alongside most of the largest, most-valuable companies in the lithium industry, including Albemarle, Livent, Posco, and Allkem. To learn more, visit our interactive neighbor’s map here.

Explore Our Projects

To delve further into these projects, please click on a map below to visit the interactive map project page.

Lithium Supply and Demand At A Glance

Images below courtesy of the World Economic Forum

Our Core Values

Our Core Values, Code of Ethics, Business Conduct and Corporate Sustainability Principles provide a stable foundation that encourages shared responsibility for sustainability and our commitments to safety, growth, transparency and stewardship. Our dedication to ethics, human rights, and corporate governance is at the heart of our corporate strategy and the basis on which we develop trust.

The Power Potential of Lithium

Batteries capable of storing power at utility scale will be as widespread in 12 years as rooftop solar panels are now, revolutionizing the way consumers use energy.

BLOOMBERG, Bloomberg News

The North American Lithium Ion Battery market accounts for 23.9% of global market value in 2020 and is forecast to reach US$21.2 billion in 2026, registering a growth rate (CAGR) of 13.82% between 2020 and 2026.

RESEARCH AND MARKETS, Research and Markets

Advanced, lithium-based batteries play an integral role in 21st-century technologies such as electric vehicles, stationary grid storage, and defense applications that will be critical to securing America’s clean energy future.

JENNIFER GRANHOLM, Secretary of Energy

News and Media

Our Trusted Partners

LEXI is a values-driven organization and undertakes its projects with an emphasis on care, collaboration, humility, transparency, integrity and sustainability. Our trusted partners are equally as ethical, transparent and committed to operating and growing responsibly and sustainably. LEXI conducts all of its activities in compliance with local and international laws and regulations.

Connect With LEXI

To stay up to date with lithium industry news and our company benchmarks and updates. Click the button to the right to subscribe to our newsletter.

Click above to subscribe to our newsletter.

Go to Top