Lithium Ionic contests Emerita claim to Bandeira lithium project
Bitget2026/11/05 12:07- Lithium Ionic filed its defense on November 2, 2026, contesting Emerita Resources’ claim to Brazil’s Bandeira lithium project.
- Emerita filed its claim on July 29, 2026; the developer maintains Emerita relinquished the disputed mineral rights in December 2020.
- The developer seeks dismissal with costs, pursuing counterclaims against Emerita and claims against current and former directors.
- Bandeira remains targeted for a final investment decision, with construction mobilization dependent on necessary permits.
- Engineering reached approximately 65% completion in June 2026; the 2025 definitive feasibility study estimated post-tax net present value at US$1.45 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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