Business
International Lithium Corp. AGM Chairman's Statement
Vancouver, British Columbia--(Newsfile Corp. - December 22, 2025) - International Lithium Corp. (TSXV: ILC) (OTCQB: ILHMF) (FSE: IAH) (the "Company" or "ILC"...
About this update from Ilc Critical Minerals Limited
[{"type":"text","content":"Vancouver, British Columbia--(Newsfile Corp. - December 22, 2025) - International Lithium Corp. (TSXV: ILC) (OTCQB: ILHMF) (FSE: IAH) (the "Company" or "ILC") will hold its 2025 Annual General Meeting today, December 22, at 9.30 a.m. Pacific Time. At that meeting, John Wisbey, Chairman and CEO, will make the following statement:","length":360,"tagName":"p"},{"type":"text","content":""Good morning, and welcome to the 2025 Annual General Meeting of International Lithium Corp. ("ILC" or the "Company"). I would like to share a few comments on the year-to-date and the outlook ahead before proceeding with formalities. ","length":258,"tagName":"p"},{"type":"text","content":""In summary, 2025 has been a successful year for ILC, improved further by a major turnround in the lithium market from June onwards. The Company completed the sale of its Avalonia property in Ireland, and made a major advance in Southern Africa through obtaining an option to acquire an 80% interest in the company owning the important Karibib project in Namibia. It is important to note that ILC has become much more than a lithium company, and the expansion into other critical minerals will be especially notable if ILC exercises its option in Namibia. As well as lithium, the Karibib project contains the largest declared rubidium resource in Africa, and also enough cesium that, when refined, would meet a year of global demand. Rubidium and cesium are both valuable critical metals with multiple commercial uses.","length":823,"tagName":"p"},{"type":"text","content":""The year for the lithium market has been one of two halves. In H1 2025, the lithium price, and that of related minerals such as spodumene, continued to be very weak, reaching a low in June of circa 10% of the 2023 highs. This, combined with the resultant impact on share prices, was painful for every company in the lithium sector, including ILC. However, in H2 2025, the position has seen a considerable improvement. ","length":423,"tagName":"p"},{"type":"text","content":""While much of the commodity market's focus has been on gold, silver and platinum, the rebound in lithium prices has not been widely reported and has been largely overlooked. Yet in H2 2025, the spodumene price has risen by more than 100%, outperforming all precious meta...