Nemaska Lithium (NMX.T) (Quebec, Canada) is on the cusp of becoming a world leading lithium hydroxide and lithium carbonate supplier to the emerging lithium battery market that is largely driven by electric vehicles, energy storage, and other consumer products. The Company is developing one of the most important spodumene lithium hard rock deposit in the world, both in volume and grade. The spodumene concentrate produced at Nemaska Lithium’s 100% owned Whabouchi mine will be shipped to the Company’s lithium compounds processing plant to be built in Shawinigan, Quebec. This plant will transform spodumene concentrate into high purity lithium hydroxide and carbonate using the proprietary methods developed by Nemaska Lithium and for which patent applications have been received in the United States, Canada and Australia. Based on a 2016 Feasibility Study, Nemaska Lithium is projecting to be the lowest cost producer of lithium hydroxide (US$2,154/t) which is rapidly emerging as the battery chemistry of choice for new lithium ion battery designs. Once built, Nemaska Lithium will be one of the largest hydroxide producers in the world. The Company has forward sold close to 50% of its products to two large buyers, Johnson Matthey Battery Materials and FMC. Construction has begun at the mine site and the Phase 1 Chemical Plant is being commissioned.