Strategic assets Bacanora Lithium holds a large, high-grade Sonora lithium resource in Mexico with Measured and Indicated over 5 million tonnes LCE and a funded plan to monetize via phase 1 mine and processing plant, presenting an imminent revenue runway for downstream partners.

Partnership leverage Significant shareholder and off-take dynamics with Ganfeng Lithium and other financiers (Hanwa, RK Mine Finance) create collaborative sales channels and potential co-development or offtake agreements for lithium carbonate and related products.

Feasibility strength Existing Feasibility Studies show attractive economics (NZ/IRR benchmarks) for Sonora and Zinnwald projects, indicating credible project economics to de-risk customer engagements and pilot-scale supply discussions.

Global footprint Diversified exposure through Zinnwald in Germany and Sonora in Mexico offers regional sales options and multi-market flexibility, appealing to customers seeking regional supply security and alternative sourcing.

Pilot readiness Active pilot plant in Hermosillo delivering battery-grade lithium carbonate (>99.5%), enabling real-world qualification with customers and accelerating offtake negotiations.