Grounded Lithium posts Kindersley project PFS with IRR 10.8% and capex C$ 603.1 million

• Grounded Lithium released a pre-feasibility study for the Kindersley Lithium Project, booking first mineral reserves for the project.
• Base-case output of 3,200 tonnes per year of LCE; reserves of 82,499 tonnes of LCE.
• Project economics show a 10.8% IRR; NPV of C$ 125 million (US$ 90 million).
• Pre-production capital estimated at C$ 603.1 million (US$ 434 million); average annual operating costs of C$ 27.2 million (US$ 19.6 million).
• Unit operating cost estimated at C$ 8,581 (US$ 6,179) per tonne of LCE; study uses adsorption-based direct lithium extraction.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Grounded Lithium Corp. published the original content used to generate this news brief via CNW (Ref. ID: 202610130700CANADANWCANADAPR_C7792) on October 13, 2026, and is solely responsible for the information contained therein.