Carolina Lithium is a proposed, multi-phase, fully integrated lithium project in Gaston County, North Carolina, with mining, spodumene concentrate production, and lithium hydroxide conversion being designed as Phase 1 and a second lithium hydroxide train being designed as Phase 2. We expect Carolina Lithium to be one of the world’s only fully integrated lithium sites and among the most sustainable lithium hydroxide operations of its kind. The project, currently in the development stage, is located within the renowned Carolina Tin-Spodumene Belt.

Carolina Lithium is one of only two significant spodumene projects in the U.S. Based on published technical studies, we expect Carolina Lithium to be a low-cost producer of spodumene concentrate and lithium hydroxide and a key contributor to U.S. energy security. At full production, Carolina Lithium is expected to produce 30,000 metric tons per year of lithium hydroxide per conversion train for a total of 60,000 metric tons annually. This capacity would provide a fourfold increase to the current domestic production of approximately 20,000 metric tons annually.

Carolina Lithium should benefit from exceptional infrastructure, minimal transport distances, low energy costs, a deep local talent pool, and proximity to cathode and battery customers as well as by-product markets. The competitive corporate tax regime offered in the U.S., the absence of significant royalties, and the benefits inherent in the Inflation Reduction Act of 2022 should also provide advantages to the project.