Solis Minerals (ASX:SLM): Fresh focus on lithium following Jaguar acquisition


The 2nd annual Super PITch event at Digger & Dealers in Kalgoorlie provides mining companies five minutes to ‘pitch’ their company’s story to investors.

Created by Discovery Capital Partners and Corporate Storytime, this year’s event is sponsored by The Market Herald and RSM Australia.

Sonia Madigan:

We’re joining you from the floor at Kalgoorlie’s Super PITch event.

Here companies will have five minutes to tell their stories. Now one of those taking part is Solis Minerals (SLM) Matt Boyes. Welcome Matt.

Matt Boyes:

Thank you. Good morning. How are you?

Sonia Madigan:

I’m good. Thank you.

Now, Matt, you’re going to talk about Solis’ recent acquisition. Can you tell us about that?

Matt Boyes:

Yeah. We closed the option agreement to purchase an asset in Brazil called Jaguar. We’re focusing more on lithium now, so it’s a lithium-based asset, it’s in the Bahia province.

It’s directly south of the other assets we have in Borborema, which is the northeastern section of Brazil.

Sonia Madigan:

Now, of course, there’s a great deal of focus on battery minerals here in Kalgoorlie this year.

How are you feeling about supply and demand and therefore the future for Lithium, which of course is your focus?

Matt Boyes:

Look, I think the whole decarbonisation effort is obviously pushing us in the direction where supply and demand is going to be favourable to the demand side for the next five to 10 years.

It’s going to take a long time before we start to fill the gap, I think, until we see that the new producers or the developing minds are going to fill that deficit that’s sitting there in the market.

So, bullish, very bullish, yeah.

Sonia Madigan:

Now, I’m not going to give you five minutes, but you have one minute to pitch your company through our interview here.

Matt Boyes:

Okay, Solis Minerals is a junior in developing lithium and battery metals play.

We have obviously the copper assets which I inherited when I joined in March this year in Peru, which are more of a medium to long-term exploration play. And then we have, I guess what I find is the more exciting part of the business is the short-term lithium aspect of the business which is finding, acquiring, developing, and exploring obviously as well lithium in Brazil and I think Brazil is now quickly emerging as a very serious tier one lithium district for our lithium player for our for lithium production the next five to ten years.


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