
ILC has identified Southern Africa, alongside Canada, as a key part of its global lithium strategy. With some of the world’s top lithium reserves, Southern Africa offers strong mining potential, skilled workforces, and governments that are increasingly supportive of mining investment.
ILC has acquired an option to buy Lepidico’s interest in the Karibib Lithium, Rubidium, and Cesium Project in Namibia. As well as its significant lithium resource, the project contains the largest disclosed rubidium resource in Africa and one of of the most significant cesium interests of any non-Chinese company. The Project includes an Exclusive Prospecting Licence (EPL) and a fully permitted mining licence containing the areas of Rubicon and Helikon, which have reached the Definitive Feasibility Study stage conducted under JORC standards. Read the Press Release here
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ILC has applied for Exclusive Prospecting Orders (EPOs) in several promising areas of Zimbabwe as part of its strategy to expand its global critical metals presence. These regions are known for lithium-rich pegmatites, and initial due diligence has already been conducted. While approvals are pending, the company plans to leverage its expertise to fast-track exploration once access is granted, capitalizing on Zimbabwe’s supportive mining policies and rising role in the global lithium market.
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ILC sees strong potential for shareholder returns in both Namibia and Zimbabwe, while contributing to local employment and economic growth. Further updates will be provided in due course.
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