Lithium Royalty Corp. Congratulates Energy Metals on Offtake Settlement with Albemarle; Energy Metals Reaffirms 2026 Manufacturing Goal

• Energy Metals entered right into a cesium focus offtake settlement with Albemarle Company, a US$16 billion international important minerals producer
• Albemarle has dedicated to a prepayment settlement of as much as C$5 million, supporting development towards Energy Metals’ said 2026 manufacturing goal
• The Case Lake mission hosts a maiden inferred cesium mineral useful resource of 13,000 tonnes at 2.4% Cs₂O, with further exploration upside
• LRC holds a 2.0% gross overriding royalty on the Case Lake mission, offering publicity to potential near-term cesium manufacturing

Lithium Royalty Corp. (TSX: LIRC) (“LRC”) congratulates Energy Metals Corp. (“Energy Metals”) on the cesium focus offtake settlement that it introduced as we speak with Albemarle Company ¹ . Albemarle Company (NYSE: ALB) is a US$16 billion firm and one of many main important mineral corporations on the planet with a number one place in lithium and cesium. LRC holds a 2.0% GOR royalty on Energy Metals’ Case Lake mission.

Albemarle has acquired the offtake rights to the Case Lake mission from Winsome Sources and has entered right into a prepayment settlement with Energy Metals for as much as C$5 million of cesium oxide focus from the mission. Energy Metals commented that they’re advancing in the direction of its manufacturing goal for 2026 and highlighted the mission’s “extraordinarily low capital necessities” of beneath C$8 million.

In June 2025, Energy Metals introduced their maiden cesium mineral useful resource of 13,000 tonnes of inferred useful resource at 2.4% cesium oxide (Cs ₂ O) at a 0.1% cut-off grade from the West Joe Dyke ² . Energy Metals has famous the potential for extra tonnage development on the Case Lake property, provided that its MRE covers solely the West Joe Dyke. Energy Metals highlighted a further exploration goal of 11,000-15,000 tonnes, together with 17 untested targets, on the Case Lake property. The MRE relies on 7,264m of drilling from 113 drill holes performed in 2018, 2022 and 2024, highlighting the efficacy of its prior drill campaigns ³ .

“Energy Metals continues to progress the Case Lake mission that’s on observe to ship the primary incremental tonnes of cesium into the worldwide market since fairly a while. Cesium is a important mineral with excessive worth purposes, with cesium carbonate costs at present quoted by Shanghai Metals & Markets (SMM) at practically US$219,000 per tonne. The robust partnership introduced as we speak and the low capital necessities for the Case Lake mission are establishing Energy Metals to develop into a near-term income contributor to our portfolio” mentioned Ernie Ortiz, President and CEO of LRC.

Cesium is a high-value, important mineral with solely two recognized present producers globally – the Tanco mine in Canada and the Bikita mine in Zimbabwe – and one prior producer on the Sinclair mine in Western Australia. Annual international cesium manufacturing could be very restricted. The Tanco mine in Canada is the one recognized supply that’s nonetheless processing cesium ore in response to U.S. Geological Survey (USGS), and most tasks around the globe which are potential for cesium stay in early exploration phases. This fragile and concentrated provide chain underscores the strategic significance of latest cesium discoveries. Cesium purposes embody superior electronics, vitality, aerospace, and protection techniques. As a result of its shortage and rising demand, cesium pricing has surged lately, with cesium carbonate costs buying and selling at roughly US$219,000/tonne in response to Shanghai Metals Market (SMM).

Cesium Market Overview

Cesium is the heaviest secure alkali steel and deemed a important mineral by Canada and several other different international locations. Just like lithium, it has a novel set of traits because of its place on the periodic desk. Cesium has wonderful photoelectric properties, robust chemical exercise and is a high-quality materials for infrared expertise purposes. Its low ionization vitality permits it to simply donate an electron, environment friendly for ion propulsion and photoelectric units. Excessive atomic mass and resonance frequency stability make it ultimate for atomic clocks, making it a world normal. Its low melting level of 28.5°C is beneficial for warmth switch, excessive reactivity for vitality switch and non-corrosive, secure drilling fluid.

Cesium primarily will come from pollucite ore, within the type of cesium oxide. It’s then refined down into a number of different kinds for particular purposes. The principle types of cesium are cesium formate and cesium fines – together with cesium carbonate, cesium chloride and cesium nitrate. Traditionally, the most important demand has been for cesium formate, a drilling fluid utilized in excessive strain and excessive temperature oil and gasoline exploration. The product is usually rented by oil and gasoline exploration purchasers. After completion of the effectively, the used brine is returned and reprocessed for subsequent drilling operations. It’s estimated that 10,000 tonnes of cesium formate are in use globally, with roughly 5% getting depleted and changed yearly, contributing roughly 500 tonnes of cesium demand yearly.

Cesium fines are a small however specialised market, with growing purposes in vitality, communication, medical and protection. Purposes embody:

• Protection: evening imaginative and prescient imaging, specialty glass
• Communication: 5G, fiber optic communication, ion cloud communication
• Rising vitality: novel vitality technology together with magneto-fluidic and thermo-ionic conversion
• Medical: medical imaging gear, pharmaceutical manufacturing
• Aerospace: GPS satellite tv for pc constellations and civilian and navy navigation

The marketplace for cesium fines was estimated by USGS to be ~2,000 tonnes in 2024, with a further 500 tonnes of demand from cesium formate substitute. In keeping with USGS, no major manufacturing of cesium exists, besides small portions in China. Current stockpiles at former mine websites feed downstream refineries, although current reviews have indicated that stockpiles could also be depleted inside just a few years.

Sources: USGS Cesium Abstract 2025, Sinomine 2024 Annual Report

Certified Individuals

The technical and scientific info contained on this information launch was reviewed and authorised in accordance with NI 43-101 by Don Hains, P.Geo. of the Hains Engineering Firm Restricted, a “certified particular person” as outlined in NI 43-101.

About Lithium Royalty Corp.

LRC is a lithium-focused royalty firm organized in Canada, which has established a globally diversified portfolio of 37 royalties on mineral properties which are associated to the electrification and decarbonization of the worldwide economic system. The Firm’s royalty portfolio is targeted on the battery provide chain for the transportation and vitality storage industries and is underpinned by mineral properties that produce or are anticipated to provide lithium, important minerals, and different vitality transition supplies.

Ahead Trying Statements

This press launch accommodates “forward-looking info” and “forward-looking statements” inside the which means of relevant Canadian securities legal guidelines, which can embody, however will not be restricted to, statements with respect to future occasions or future efficiency, administration’s expectations concerning LRC’s development, outcomes of operations, estimated future revenues, efficiency steerage, carrying worth of belongings and necessities for extra capital, mineral useful resource and mineral reserve estimates, manufacturing estimates, manufacturing prices and income, future demand for and costs of commodities, anticipated mining sequences, enterprise prospects and alternatives, the efficiency and plans of third-party operators and the anticipated publicity for present and future assessments and obtainable cures. As well as, statements regarding assets and reserves and mine life are forward-looking statements, as they contain implied evaluation, primarily based on sure estimates and assumptions, and no assurance will be provided that the estimates and assumptions are correct and that such assets and reserves or mine life shall be realized. Usually, however not all the time, forward-looking statements will be recognized by means of phrases corresponding to “plans”, “expects”, “is anticipated”, “budgets”, “potential for”, “scheduled”, “estimates”, “forecasts”, “predicts”, “tasks”, “intends”, “targets”, “goals”, “anticipates” or “believes” or variations (together with adverse variations) of such phrases and phrases or could also be recognized by statements to the impact that sure actions “could”, “might”, “ought to”, “would”, “would possibly” or “will” be taken, happen or be achieved. Ahead-looking statements contain recognized and unknown dangers, uncertainties and different elements, which can trigger the precise outcomes, efficiency or achievements of LRC to be materially totally different from any future outcomes, efficiency or achievements expressed or implied by the forward-looking statements. Ahead-looking info relies on administration’s beliefs and assumptions and on info at present obtainable to administration. The forward-looking statements herein are made as of the date of this press launch solely and LRC doesn’t assume any obligation to replace or revise them to mirror new info, estimates or opinions, future occasions or outcomes or in any other case, besides as required by relevant regulation.

A lot of elements might trigger precise occasions or outcomes to vary materially from any forward-looking assertion, together with, with out limitation: fluctuations within the costs of the first commodities that drive royalty income (together with numerous lithium and cesium merchandise); fluctuations within the worth of the Canadian and Australian greenback and another forex wherein income is generated, relative to the U.S. greenback; modifications in nationwide and native authorities laws, together with allowing and licensing regimes and taxation insurance policies and the enforcement thereof; the adoption of a worldwide minimal tax on companies; regulatory, political or financial developments in any of the international locations the place properties wherein LRC holds a royalty or different curiosity are positioned or by which they’re held; dangers associated to the operators of the properties wherein LRC holds a royalty or different curiosity, together with modifications within the possession and management of such operators; relinquishment or sale of mineral properties; affect of macroeconomic developments; enterprise alternatives that develop into obtainable to, or are pursued by LRC; lowered entry to debt and fairness capital; litigation; title, allow or license disputes associated to pursuits on any of the properties wherein LRC holds a royalty or different curiosity; whether or not or not the Firm is decided to have “passive overseas funding firm” (“PFIC”) standing as outlined in Part 1297 of the USA Inner Income Code of 1986, as amended; extreme value escalation in addition to improvement, allowing, infrastructure, working or technical difficulties on any of the properties wherein LRC holds a royalty or different curiosity; precise mineral content material could differ from the assets and reserves contained in technical reviews; price and timing of manufacturing variations from useful resource estimates, different technical reviews and mine plans; dangers related to the solvency of operators of tasks that LRC has royalties over; dangers and hazards related to the enterprise of improvement and mining on any of the properties wherein LRC holds a royalty or different curiosity, together with, however not restricted to uncommon or sudden geological and metallurgical circumstances, slope failures or cave-ins, sinkholes, flooding and different pure disasters, terrorism, civil unrest or an outbreak of contagious illness; and the combination of acquired belongings. The forward-looking statements contained on this press launch are primarily based upon assumptions administration believes to be affordable, together with, with out limitation: the continuing operation of the properties wherein LRC holds a royalty or different curiosity by the house owners or operators of such properties in a way in step with previous follow; the accuracy of public statements and disclosures made by the house owners or operators of such underlying properties; no materials hostile change out there value of the commodities (together with numerous lithium and cesium merchandise) that underlie the asset portfolio; the Firm’s ongoing earnings and belongings regarding willpower of its PFIC standing; no materials modifications to present tax therapy; the anticipated software of tax legal guidelines and laws by taxation authorities; no hostile improvement in respect of any vital property wherein LRC holds a royalty or different curiosity; the solvency of mission operators; the accuracy of publicly disclosed expectations for the event of underlying properties that aren’t but in manufacturing; integration of acquired belongings; and the absence of another elements that would trigger actions, occasions or outcomes to vary from these anticipated, estimated or meant. Nevertheless, there will be no assurance that forward-looking statements will show to be correct, as precise outcomes and future occasions might differ materially from these anticipated in such statements. Buyers are cautioned that forward-looking statements will not be ensures of future efficiency. LRC can’t guarantee traders that precise outcomes shall be in step with these forward-looking statements. Accordingly, traders shouldn’t place undue reliance on forward-looking statements as a result of inherent uncertainty therein.

For added info with respect to dangers, uncertainties and assumptions, please discuss with LRC’s most up-to-date Annual Info Type dated March 19, 2025 and filed with the Canadian securities regulatory authorities on www.sedarplus.ca . These dangers and uncertainties embody, however will not be restricted to, these described beneath “Danger Elements” within the Annual Info Type, and particularly dangers summarized beneath the “Dangers Associated to Mining Operations” heading.

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Contact Info for Inquiries:
Jonida Zaganjori
Investor Relations
(647) 792-1100
jonida@lithiumroyaltycorp.com