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Consolidated Statements of Financial Position
$ in Thousands, $ in Thousands
Sep. 30, 2024
USD ($)
Dec. 31, 2023
USD ($)
CURRENT ASSETS    
Cash and cash equivalents $ 341,163 $ 195,516
Receivables, prepaids and deposits 7,858 10,367
Total current assets 349,021 205,883
NON-CURRENT ASSETS    
Investment in Green Technology Metals 829 2,580
Investment in Ascend Elements 4,445 8,582
Restricted cash 288 288
Property, plant and equipment 330,552 206,082
Other assets 6,860 15,315
Exploration and evaluation assets 972 770
Total non-current assets 343,946 233,617
TOTAL ASSETS 692,967 439,500
CURRENT LIABILITIES    
Accounts payable and accrued liabilities 23,703 23,361
Current Portion of Leases 1,241 854
GM transaction derivative liability 210 348
Total current liabilities 25,154 24,563
LONG-TERM LIABILITIES    
Leases and other liabilities 6,566 6,613
Decommissioning provision 2,567 862
Total Long-term liabilities 9,133 7,475
TOTAL LIABILITIES 34,287 32,038
SHAREHOLDERS' EQUITY    
Share capital 927,650 656,802
Contributed surplus and net former parent investment 15,738 15,020
Deficit (284,708) (264,360)
TOTAL SHAREHOLDERS' EQUITY 658,680 407,462
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 692,967 $ 439,500