ELKO, NV / ACCESSWIRE / November 14, 2024 / In a strategic move underscoring the Company's commitment to advancing electrification and a low carbon economy, Lithium Corporation (OTCQB:LTUM) ("LTUM" or "the Company") announced today it is expanding its scope beyond mineral exploration to actively evaluating opportunities in renewable energy generation and energy storage. These closely related sectors are considered a natural extension to the Company's core interest in clean energy.
VANCOUVER, BC / ACCESSWIRE / November 12, 2024 / Discovery Lithium Inc. (CSE:DCLI)(OTCQB:DCLIF)(FRA:Q3Q0)(WKN: A3EFKA) (the "Company," or "Discovery Lithium"), a Canadian exploration company focused on advancing domestic energy freedom through regional lithium discovery, is pleased to announce that it intends to complete a non-brokered private placement of up to 10,000,000 units of the Company ("Units") at a price of $0.10 per Unit for gross proceeds of up to $1,000,000 (the "Offering"). Each Unit will be comprised of one common share of the Company and one transferable share purchase warrant, with each warrant exercisable to acquire one common share of the Company at a price of $0.15 per share for a period of 24 months from the date of issuance.
U.S. miner Piedmont Lithium has nearly halved its total workforce after completing an additional 32% reduction in October as part of an ongoing cost-cutting plan, it said on Tuesday.
Nevada Lithium Resources Inc (CSE:NVLH, OTCQB:NVLHF) has announced an updated mineral resource estimate (MRE) for its Bonnie Claire lithium project located in Nevada. The updated MRE included assays from 11 additional exploration and infill drill holes completed since the 2021 maiden resource estimate.
I rate SQM a "Strong Buy" due to its key role in lithium, expected demand surge, and solid financials despite recent market headwinds. The company benefits from privileged access to Chile's rich lithium reserves and strategic partnerships, ensuring long-term growth and efficiency. SQM's aggressive expansion plans in Chile, Australia, and China aim to significantly boost production and revenue by 2025.
CleanTech Lithium PLC (AIM:CTL, OTCQX:CTLHF) executive chairman Steve Kesler discusses the latest update and progress at Laguna Verde. Steve Kesler: This is an operational update.
Argentina Lithium & Energy Corp (TSX-V:LIT, OTCQX:LILIF) said it has amended the terms of a previously announced non-brokered private placement to raise a minimum of $1.2 million and a maximum of $3.5 million. The amended offering involves the sale of between 8 million and 23.33 million units at a price of $0.15 per unit.
Lithium Americas (Argentina) Corp. (NYSE:LAAC ) Q3 2024 Earnings Conference Call November 6, 2024 10:00 AM ET Company Participants Kelly O'Brien - VP, IR & ESG Sam Pigott - President & CEO, Lithium Argentina Alex Shulga - VP & CFO Conference Call Participants Apurva Kilambi - Scotiabank Corinne Blanchard - Deutsche Bank Joel Jackson - BMO Capital Markets David Deckelbaum - TD Cowen Seth Goldstein - Morningstar Mohamed Sidibe - National Bank Financial Operator Ladies and gentlemen, thank you for standing by. My name is Abby, and I will be your conference operator today.
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES VANCOUVER, BC / ACCESSWIRE / November 6, 2024 / Discovery Lithium Inc. (CSE:DCLI)(OTCQB:DCLIF)(FRA:Q3Q0) (WKN:A3EFKA) (the "Company," or "Discovery Lithium"), a Canadian exploration company focused on advancing domestic energy freedom through regional lithium discovery, is pleased to announce the closing of its previously announced non-brokered private placement pursuant to which the Company issued an aggregate of 10,000,249 units of the Company (the "Units") at a price of $0.055 per Unit for gross proceeds of $550,014.79 (the "Offering"). Each Unit consisted of one common share of the Company and one share purchase warrant, with each Warrant entitling the holder to purchase one Share at a price of $0.10 per Share for a period of 24 months from closing of the Offering (the "Closing").
Phase 1 targets 5,000 metric tons of lithium carbonate (99.9%+) and 1,000 metric tons of rare earth oxides (99.5%+) with ability to efficiently and modularly scale production Marion, IN super site will refine both recycled materials as well as concentrated ores for ultra-pure rare earth and critical minerals FISHERS, IN / ACCESSWIRE / November 5, 2024 / American Resources Corporation's (NASDAQ:AREC) ("American Resources" or the "Company") wholly owned subsidiary, ReElement Technologies Corporation ("ReElement"), a leading provider of high performance refining capacity of rare earth and critical battery elements, today announced that it has installed power, water and natural gas access and has commenced ordering and delivering equipment to its Marion, IN Advanced Technology super site to bring domestic production of both ultra-pure and separated light and heavy rare earth elements as well as critical battery materials (lithium, cobalt and nickel) that are IRA compliant. ReElement's Marion, Indiana super site will be a first mover in reducing the chokehold that China has on the refining for critical and rare earth elements.
CleanTech Lithium PLC (AIM:CTL, OTCQX:CTLHF) said that it has selected sites for a carbonation plant in Copiapó and port facilities for export of final lithium carbonate product as part of the pre-feasibility study for its Laguna Verde project in Chile. Locating the lithium extraction (DLE) plant at the Laguna Verde site and the carbonation plant in Copiapó has numerous advantages contributing to a more robust PFS, CleanTech added.
Lithium ION Energy Ltd. (TSX-V:ION, OTCQB:IONGF) announced that it has signed a Letter of Intent (LOI) with United Rare Earths, a US-based firm focused on rare earths recycling and refining, to pursue a business combination.