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| Lithium Ionic |
Baixa Grande Lithium Resource Sees Significant Growth
Lithium Ionic, a Canadian mining company, has expanded the mineral resource estimate for its Baixa Grande Project in Brazil by 32%. The updated figures increase the project’s measured and indicated (M&I) resources to 6.52 million metric tonnes (t), containing 179,580 t of lithium carbonate equivalent (LCE).
The Baixa Grande Project is located in northern Minas Gerais State, Brazil, a key region for lithium production. The site sits east of the Colina deposit, which Pilbara Minerals acquired from Latin Resources in August 2024.
Lithium Ionic Expands Presence in Brazil’s Lithium Valley
In addition to Baixa Grande, Lithium Ionic owns the Bandeira Project, another lithium asset in Brazil’s Lithium Valley. The Bandeira Project holds an M&I resource of 23.7 million tonnes and received its construction permit in 2024. The company plans to begin lithium concentrate production in 2026, further strengthening its position in the battery metals market.
The expansion of Baixa Grande’s resources underscores Brazil’s growing role in global lithium supply. With lithium demand rising due to electric vehicle (EV) battery production, Lithium Ionic’s projects could help secure future supply chains.
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