Phoenix Lithium (PL) is a pure-play Lithium development company which holds significant surface and mineral rights in the Imperial Valley, California.
PL has been active in the Imperial Valley since 2015 and is currently in the process of delivering its flagship Lithium resource at East Brawley.
PL is positioning itself to become a global Lithium industry influence by:
➢ Controlling a large and unique project portfolio allowing for rapid execution and commercialisation.
➢ Reducing geopolitical risk by operating in the USA.
➢ Reducing exploration risk by developing existing brine streams.
➢ Reducing technology risk by leveraging proven processes overlaid with innovation.
➢ Having one of the only project teams to design and build a 20,000+ MT/A commercial scale, high purity lithium plant.
East Brawley – Imperial Valley, CA. PL has used its proprietary knowledge of the Imperial Valley’s Geothermal Reservoirs to locate and acquire the most favourable surface and mineral rights available within the known geothermal productive zones.
➢ The plan is to create an asset roll-up which provides a multi-optioned strategy of Lithium/minerals development and/or a targeted exit or sale.
➢ The project has 3 deep geothermal wells drilled upon it and existing mineral analysis. We have targeted this asset as it allows us to fast-track and de-risk our development strategy. It also has the material benefit of saving ~US$50 million in well field infrastructure as this is already in place.
➢ East Brawley is shaping as one of the world’s largest and most strategically located Lithium resources.
|Private Equity Investment
|HMRC Advanced Assurance received
|Envisaged investor exit