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Lithium Harvest signs letter of intent for Alberta geothermal lithium project

The company signed a non-binding joint-venture letter of intent with an unnamed partner; output figures are proposed full-capacity targets.

The source does not state the event date; the period shown is the source review period.

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Lithium Harvest said on October 13 that it signed a letter of intent with an unnamed geothermal development partner for a proposed Alberta lithium and power project. At proposed full nameplate, the project targets about 28,500 tonnes of lithium carbonate and 0.67 TWh of electricity annually, with first production targeted for 2028.

The announcement describes a proposed two-phase joint venture, with resource validation, engineering and financing listed as next steps. The non-binding letter does not mean construction has started, a resource has been validated or output is secured.

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Lithium Harvest signs letter of intent for Alberta geothermal lithium project

Lithium Harvest signs letter of intent for Alberta geothermal lithium project

  1. · Occurred

    Lithium Harvest signs letter of intent for Alberta geothermal lithium project

    Lithium Harvest said on October 13 that it signed a letter of intent with an unnamed geothermal development partner for a proposed Alberta lithium and power project. At proposed full nameplate, the project targets about 28,500 tonnes of lithium carbonate and 0.67 TWh of electricity annually, with first production targeted for 2028.

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Figures are transcribed from the source release; company plans are not presented as results.

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  • Canada · Place role: Coverage · Place type: Country or area · Location precision: Regional
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