Trust Lands Recommends Lithium Exploration Agreement
Utah School and Institutional Trust Lands Administration Board of Trustees | State of UtahState · Salt Lake City, UT- Disclosed value
- Annual rental of $4.00 per acre, totaling $15,764; $5.00 per acre bonus payment, totaling $19,705; 1% to 5% sliding-scale gross royalty on lithium
- From agendapacket
- Document date
- Sep 17, 2026
The 30-second brief
Trust Lands Administration recommended approving a three-year lithium brine exploration agreement with A1Lithium Inc. for 3,940.82 acres. The proposed arrangement includes $15,764 in annual rent, a $19,705 bonus payment, and a potential 10-year lease with a sliding-scale lithium royalty.
A1lithium Inc holds this contract with Utah School and Institutional Trust Lands Administration Board of Trustees | State of Utah.
Term as filed: Three-year exploration agreement; option for a 10-year primary lease term contingent on completion of work commitments, annual progress reports, and a JORC report.
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Contract details
- Amount
- Annual rental of $4.00 per acre, totaling $15,764; $5.00 per acre bonus payment, totaling $19,705; 1% to 5% sliding-scale gross royalty on lithium
- Document date
- September 17, 2026
- Term
- Three-year exploration agreement; option for a 10-year primary lease term contingent on completion of work commitments, annual progress reports, and a JORC report
- Vendor
- A1lithium Inc
- Source document
- Trust Lands Administration AgendaPacket Board of Trustees Meeting 2026-09-17 (AgendaPacket)
A1lithium Inc's other public contracts
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Questions about this contract
Who was awarded the government contract by Utah School and Institutional Trust Lands Administration Board of Trustees | State of Utah?
A1lithium Inc was awarded this government contract by Utah School and Institutional Trust Lands Administration Board of Trustees | State of Utah, as recorded on September 17, 2026. The contract value is Annual rental of $4.00 per acre, totaling $15,764; $5.00 per acre bonus payment, totaling $19,705; 1% to 5% sliding-scale gross royalty on lithium.
How much is the A1lithium Inc contract with Utah School and Institutional Trust Lands Administration Board of Trustees | State of Utah worth?
The A1lithium Inc contract with Utah School and Institutional Trust Lands Administration Board of Trustees | State of Utah is valued at Annual rental of $4.00 per acre, totaling $15,764; $5.00 per acre bonus payment, totaling $19,705; 1% to 5% sliding-scale gross royalty on lithium.
What type of contract is this?
This is a government contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Trust Lands Administration AgendaPacket Board of Trustees Meeting 2026-09-17 (AgendaPacket), dated September 17, 2026 from Utah School and Institutional Trust Lands Administration Board of Trustees | State of Utah. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does A1lithium Inc hold?
A1lithium Inc may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is Utah School and Institutional Trust Lands Administration Board of Trustees | State of Utah currently buying?
Explore Utah School and Institutional Trust Lands Administration Board of Trustees | State of Utah's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.