Intra Energy Corporation (ASX:IEC) is an environmentally responsible, diversified mining and energy group with a core focus on battery, base and precious metals exploration to support the global decarbonisation and electrification for the clean energy future.
Investment Highlights
Re-capitalised company with long operating experience mining coal in Eastern Africa, now focused on exploration & development of minerals in Australia
Two high potential projects across with a significant total landholding of 463km2 across the Tier-1 jursidictions of James Bay, Quebec and Western Australia
Significant upside with an aggressive exploration campaign to commence immediately:
- Llama Lithium Project – Drilling to commence in Q4 2023
- Yalgarra Project – Targets defined with drilling to commence in Q4 2023
Lithium demand forecast to increase with the market for lithium-ion batteries forecast to be worth US$182m by 20301, with battery metals gaining significant momentum.
Experienced team with relevant lithium exploration and development track record, with DG to provide technical and geological expertise and exploration oversight as in-country consultant
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Benjamin Dunn
“Following our transition out of Africa, IEC a is now focused on the development of Australian projects to help meet the ever-increasing demand for the resources needed to realise a clean-energy future.
We continue to review potential projects which have the ability to contribute to our asset portfolio with the aim of creating further shareholder value.”
