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Disruptive Technology

The Company has acquired the rights to commercialize a novel, ESG-compliant processing technology designed to greatly simplify and accelerate lithium recovery from purified spodumene (spodumene concentrate), thereby lowering overall lithium production costs. Initially, benchtop and pilot plant-scale laboratory testing and process design will aim to demonstrate profit parity with lithium production from brines, with the ultimate goal to commercially outperform competing brine operations.

Global Impact

Fully proven out, the Medaro HLT will offer a game-changing impact upon a sector of the worldwide lithium industry that relies upon, and seeks to expand, spodumene pegmatite mining. Medaro aims to develop and advance the technology and plans to use lithium prospects in both Northern Quebec and Ontario, Canada as potential trial projects.

Improved Economics

The Medaro HLT is designed to further unlock spodumene value through a combination of higher quality spodumene concentrate, faster, cleaner and more energy efficient chemical processing of the improved concentrate, and the ability to locate lithium extraction operations adjacent to, or near, remote mine sites, thus decreasing supply chain distances and costs.

Equipment

At its core, the Medaro HLT promises to be innovative chemical science and engineering that’s readily scalable to an industrial level. The operational equipment necessary for its commercial implementation, once proven, is already available from numerous global suppliers.

Long Term Revenues

If successfully commercialized, the Medaro HLT could greatly expand global sales of battery-grade lithium products, with economic benefits to Medaro from its own manufacturing operations, and also through technology licensing agreements.

Strategy For Success

Medaro, with its joint venture partner, will control the intellectual property rights to the HLT, ensuring maximum earnings from its commercial deployment. The renewable energy sector has a massive and ongoing need for lithium. The EV industry increasingly demands costs savings. The opportunity to create high-quality lithium products, delivered faster and cleaner, at lower prices, with expanded margins, are all part of Medaro’s strategy for success.

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COMPANY PROFILE

TRADING SYMBOLS: CSE: MEDA | OTC: MEDAF | FWB: 1ZY
CUSIP: 58404N
ISIN: CA58404N1096
WKN: A3CMG7
DATE & PLACE OF FORMATION: Jun 19 2020, British Columbia
FINANCIAL YEAR END: September 30
INDUSTRY CLASSIFICATION: Metals and Minerals - Mining

CONSULTANTS

AUDITORS: Crowe MacKay LLP
TRANSFER AGENT: Odyssey Trust Company
LEGAL COUNSEL:

REGULATORY FILINGS

SEDAR (the System for Electronic Document Analysis and Retrieval)

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