Lithium spot Spodumene SC6 (CIF China): $2,095/t Li₂CO₃ (China): $21,583/t as of 2026-07-27

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Bandeira Project

Hardrock In development 🇺🇸 US-investable LTH

Itinga / Araçuaí, Minas Gerais, Brazil

Overview

ChemistryHardrock
StageIn development
Annual capacity177 kt/y SC6-eq nameplate (developer, DFS)
Resource45.82 Mt @ M+I 1.34% Li2O / Inferred 1.34% Li2O
Mine life18.5 years · ≈ 2027–2046
First production (target)H2 2027 — first concentrate targeted H2 2027 per updated DFS (17 Sept 2025); FID target mid-2026 — both at material risk
Development stageDFS (updated DFS announced 17 Sept 2025; NI 43-101 filed 31 Oct 2025)

Mine-life end year is an estimate (from first-production target); timing can shift with reserves, expansions or restarts.

Operators

$3
TickerOperatorStakeStatus
LTH Lithium Ionic 100% feasibility

Location

Approximate location.

Customers & offtake agreements

$3
CustomerProductVolumeTermStatusCitation
Sichuan Yahua Industrial Group Co., Ltd. spodumene_concentrate_SC5.2 from 2026-03-25 binding cached filing nr-20260325.pdf
Grand Chen Resources Pte. Ltd. spodumene_concentrate_SC5.2 from 2026-03-25 binding cached filing nr-20260325.pdf
Export-Import Bank of the United States (EXIM) debt_financing_LOI from 2024-11-27 non binding LOI cached filing nr-20241127.pdf

Agreements disclosed in filings; each row shows its citation strength — cached filing (primary doc cached in the vault), linked source (public URL, may rot), vault note (curated note, secondary provenance), unsourced (no source on record). Volumes are as disclosed; pricing terms are confidential and not shown.

The numbers behind Bandeira Project

Every figure cited to a primary-source filing. Buy just the block you need, or the full report / all data.

AISC — All-in sustaining cost per tonne, every period disclosed, cited to filings.$3
Reserves & grade — Resource & reserve tonnage, grade, category, as-of date.$3
Cost-curve position — This mine's AISC percentile + nearest peers across the whole tracked universe.$4
Royalties & streams — Royalty/stream type, payor, payee, rate, basis, status.$2
Buying these individually adds up to $18. Save with the full curated report $5 · or all extracted data $10.

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