Oceana Lithium Ltd (ocn) Logo

Oceana Lithium Ltd (OCN)

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A Deep Dive profile provides ASX listed companies with an opportunity to tell their story in plain English.

Company Deep Dive

Oceana is a junior exploration company established to acquire, explore and develop lithium mines in Brazil and Australia. OCN has exposure to two highly prospective lithium exploration projects covering large acreage in known lithium-bearing regions of Brazil and the Northern Territory.

The Company is led by a board and consulting team that has considerable experience in the identification, evaluation, production, and sale of lithium concentrates.

While demand for energy storage capacity, particularly in EVs is rising, there is a supply lag as most of the supply from existing producers is already committed under long-term contracts with the major producers of lithium chemicals .OCN can capitalize on this opportunity to enter into the development of new supply sources for lithium concentrate.

Highlights

Two strategic lithium projects in mining friendly Jurisdictions Brazil and Australia

Well positioned to make significant Li discovery in two large LCT pegmatite districts with highly experienced team

Proven and highly experienced lithium exploration and project development team

Strategic register – Top 3 Lithium Hydroxide producer in China and major Tesla supplier Yahua International cornerstone Investor

Exposure to this rising market through its early stage lithium exploration projects

Showcase your ASX company to 500k+ investors

See Corporate Services

People

Board of Directors

Jerome(Gino) Vitale

Non-Executive Chairman

Mr Vitale is an experienced corporate executive and public company director with over 30 years experience in operational, investment banking and advisory roles in the mining and mineral resource sector in Australia and Internationally.He has specialised in turnaround situations in the mining sector.

Profile

Jerome(Gino) Vitale

Non-Executive Chairman

Mr Vitale is an experienced corporate executive and public company director with over 30 years experience in operational, investment banking and advisory roles in the mining and mineral resource sector in Australia and Internationally. He has specialised in turnaround situations in the mining sector and is currently a non-executive director od TSX-V listed Denarius Metals Corporation which is developing a +1m oz Au equivalent gold-copper project in the Iberian Pyrite Belt in southern Spain.

Mr Vitale is a Chartered Accountant, a Senior Fellow and former Vice President of Financial Services Institute of Australia (FINSIA) and member of the Australian Institute of Company Directors. During the mid 2000’s he was invited onto the ASX Corporate Governance Review Committee and has a practical perspective on best practice governance compliance for small to mid-cap companies

Sebastian Kneer

Executive Director

Mr Kneer is a highly experienced Geologist with over 15 years experience in mineral exploration, resource development and resource Geology. He was previously Galaxy Resources Geology Manager where he managed all hard rock Lithium exploration and resource development activities in Australia and Canada.He is a Registered Professional Geoscientist (RPGeo) and member of the Australian Institute of Geoscientists (MAIG). He is responsible for planning and execution of the Company’s exploration activities

Profile

Sebastian Kneer

Executive Director

Mr Kneer is a highly experienced Geologist with over 15 years experience in mineral exploration, resource development and resource Geology. He was previously Galaxy Resources Geology Manager where he managed all hard rock Lithium exploration and resource development activities in Australia and Canada. Prior to this position Mr Kneer was the Exploration Manager at Mt Cattlin, Western Australia. During that time he played a key role in large Exploration and resource definition programs which resulted in a significant increase in the resource base at the Mt Cattlin Spodumene Operation.

Mr Kneer was educated in Germany and Australia and holds an Honours degree in economic Geology and a postgraduate certificate in Geostatistics. He will be responsible for planning and execution of the Company’s exploration activities. He is a Registered Professional Geoscientist (RPGeo) and member of the Australian Institute of Geoscientists (MAIG). He is responsible for planning and execution of the Company’s exploration activities

Qingtao Zeng

Non-Executive Director

Dr Zeng has been extensively involved in the lithium exploration and development sector and is well connected with potential off-take partners having acted as intermediary for the supply or purchase of spodumene concentrate for a number of producers.

Profile

Qingtao Zeng

Non-Executive Director

Dr Zeng has been extensively involved in the lithium exploration and development sector and is well connected with potential off-take partners having acted as intermediary for the supply or purchase of spodumene concentrate for a number of producers. He has been engaged as a consulting geologist in a range of geological and commercial environments.

Dr Zeng completed a PhD in geology at the Centre of Exploration Targeting (CET) of University of Western Australia in 2013. Dr Zeng has published several academic papers on structure control orogenic gold system in different geological scales, and is a member of AUSIMM and Society of Economic Geologist (SEG). He is currently Managing Director of Australasian Metals Ltd, and a non-executive Director of Kodal Minerals plc, MetalsTech Ltd and Winsome Resources Ltd

Simon Mottram

Non-Executive Director

Mr Mottram is a geologist with 28 years’ experience predominantly in base and precious metals. Mr Mottram has held both executive and senior management positions with several successful mining companies in various countries. He has progressed multiple discoveries through to commercial production and has been responsible for several significant exploration successes.

Profile

Simon Mottram

Non-Executive Director

Mr Mottram is a geologist with 28 years’ experience predominantly in base and precious metals. Mr Mottram has held both executive and senior management positions with several successful mining companies in various countries. He has progressed multiple discoveries through to commercial production and has been responsible for several significant exploration successes.

He is currently a Non-Exec Director of ASX listed Companies Medusa Mining, Odin Metals and FIN Resources and previously an Executive Director of Odin Metals, Avanco Resources, purchased on market by mid-tier Australian copper producer OZ Minerals for circa $440M in 2018, and Avenue Resources. Mr Mottram is an Australian and British national and a permanent resident of Brazil, where is he has lived for the majority of the last 11 years and is fluent in Portuguese. He has previously acted as both CP or QP for various ASX and TSX listed companies, is a Fellow of the AusIMM and a graduate of Melbourne RMIT University.

Brian Talbot

Senior Technical Consultant

Mr Talbot has over 25 years of experience in mining and chemical processing operations and holds a bachelor’s degree in chemical engineering with Honours. He was previously an Executive Australian Operations and General Manager Mt Cattlin at Galaxy Resources.

Profile

Brian Talbot

Senior Technical Consultant

Mr Talbot has over 25 years of experience in mining and chemical processing operations and holds a bachelor’s degree in chemical engineering with Honours. He was previously an Executive Australian Operations and General Manager Mt Cattlin at Galaxy Resources.Whilst at Galaxy, he was closely involved in increasing production at Mt Cattlin to above nameplate design and patented a new brine process for lithium extraction to produce battery-grade carbonate.

Before joining Galaxy, he was at Bikita Minerals, a lithium mine in Zimbabwe, where he achieved increased product yield and capacity. Mr Talbot has also held the positions of non-executive director, mining company director, general manager and metallurgist at various mine operations in Egypt and South Africa with diverse experience in designing, planning and managing profitable mining operations

Management

Dan Smith

Company Secretary

Mr Smith has more than 13 years’ experience in financial markets, including 10 years’ experience with ASX Listing Rules compliance and corporate governance.

Profile

Dan Smith

Company Secretary

Mr Smith has more than 13 years’ experience in financial markets, including 10 years’ experience with ASX Listing Rules compliance and corporate governance.

Mr. Smith is a fellow member of the Governance Institute of Australia and holds a Bachelor of Arts in International Relations from Curtin University . He acts as company secretary for numerous ASX, AIM and NSX listed companies, including Lachlan Star Limited (ASX:LSA), Vonex Limited (ASX:VN8) and Europa Metals Ltd).

David Madureira

Company Administrator

Mr Madureira has more than 12 years’ experience as executive in controllership, accounting and administration in local and global companies, with wide experience in preparing, implementing and managing business plans in various industry sectors.

Profile

David Madureira

Company Administrator

Mr Madureira has more than 12 years’ experience as executive in controllership, accounting and administration in local and global companies, with wide experience in preparing, implementing and managing business plans in various industry sectors.

Mr Madureira has conducted M&A transactions in agribusiness, steel and automotive sectors, and guided corporate turnaround situations in the United States and Latin-American countries. He holds a Bachelor degree in Accounting and an MBA in Controllership and Auditing, and is qualified to practice as a professional accountant by the Regional Council of Accounting of the State of Minas Gerais. Mr Madureira is currently attending the Executive Program in Governance, Risk and Compliance from KPMG Business School. He is the founder and CEO of Cockpit Controllership Solutions, a specialist ‘Controller as a Service’ provider firm, located in Belo Horizonte, Brazil, advising and supporting foreign companies with the conduct of their business activities in Brazil.

Projects

Ceara, Ne Brazil

Solonopole Lithium Project

About:

The Solonopole project has been the subject of historical lithium, coltan and tin mining in the 1970s and 1980s. In total, 27 historical mines have been identified across the Solonopole permit area, highlighting the widespread mineralisation potential.

Highlights:

  • 100% ownership of the Solonopole Lithium Project (“Solonopole”)

  • Ideal project location 3 hour drive on sealed roads to port (Fortaleza), Easy shipping to North American and European battery chemical markets

  • Significant strike extent confirmed +17km of outcropping confirmed Li-bearing pegmatites

  • Large-scale opportunity, Significantly underexplored no recorded drill testing of Pegmatites

  • Green lithium credentials

Northern Territory, Australia

Napperby Lithium Project

About:

The Napperby lithium project consists of a granted exploration licence (EL32386) covering an area of ~650km2 and an exploration license application (ELA32941) covering an area of more than 512km2.

Highlights:

  • 100% ownership of the Napperby Lithium Project

  • Favourable geology in right location with logistic support, located in the west of Northern Arunta pegmatite province with over 1160km2 tenement package

  • LCT pegmatite identified with historical Sn and Ta production

  • Numerous prospective pegmatite outcrops pending on field investigation

 

Key Milestones

Milestones

Oceana plans to undertake a first-pass exploration program at Wangala
The Company has agreed to purchase all of the issued share capital of Consolidate Lithium Trading Pty Limited (Consolidate Trading)
The Company has secured major chemical manufacturer Ya Hua International Investment and Development Co as a major anchor investor

Resources

Quarterly Activities and Cashflow Report - Jun 2022

25 Jul 2022 | Report
PDF (918.4 KB)

Prospectus

28 Apr 2022 | announcement
PDF (16171.7 KB)