Tantalex Lithium Resources (CSE:TTX, OTC:TTLXF) announced the closing of a second tranche of a non-brokered private placement for gross proceeds of US$500,000. The funds raised will be used for the optimization of the TiTan tin and tantalum plant in the Democratic Republic of Congo and for general working capital.
The U.S. stock market has been quite volatile this year. For certain sectors including AI stocks and other high-growth industries, it has been quite a stellar few months.
Lithium prices may finally be bottoming out, creating an opportunity for some of the top lithium stocks to buy now. For one, according to Canaccord Genuity lithium prices are “poised to rebound by July.
Nevada Lithium Resources Inc (CSE:NVLH, OTCQB:NVLHF) has discovered a new element to its Bonnie Claire project in Nevada that could have positive implications for the economics of the lithium operation. Drill results showed high levels of boron that appear to be associated with high levels of lithium at Bonnie Claire.
The rise of electric vehicles and the world's transition away from fossil fuels has led to the emergence of lithium stocks to buy. These stocks could be millionaire-makers.
AMG's share price has declined -57% since mid 2023 due to the negative development of lithium prices (-81% from its peak). The market has had a dramatic reaction to lower lithium and vanadium prices, but the company seems to be executing really well, despite the circumstances. In 2025 we can expect growth in the lithium division due to a +44% production capacity expansion and AMG's lithium hydroxide refinery's first 20,000-ton module coming online.
ACME Lithium Inc (CSE:ACME, OTCQB:ACLHF) announced the start of the 2024 exploration program at its Shatford Lake Project, conducted by its option partner Snow Lake Energy. The program, designed by Snow Lake and Critical Discoveries, is divided into four phases.
CleanTech Lithium PLC (AIM:CTL, OTCQX:CTLHF) has announced the shipment of its first batch of 24.00 cubic metres of high-quality concentrated eluate to the United States. The concentrated eluate was produced at CleanTech Lithium's DLE pilot plant in Chile, and, in America it will be processed by Conductive Energy, into a battery-grade lithium carbonate.
Nevada Lithium Resources Inc (CSE:NVLH, OTCQB:NVLHF) announced it has discovered high-grade boron mineralization at its Bonnie Claire lithium project in Nevada. The high levels of boron appear to be associated with high levels of lithium at Bonnie Claire, CEO Stephen Rentschler noted.
Sigma Lithium Corp (TSX-V:SGML, NASDAQ:SGML) said it has started loading its ninth shipment of 22,000 tonnes of high-purity Quintuple Zero Green lithium concentrate at the Port of Vitoria, sold directly to LX International (LXI), formerly LG International. The company said it had achieved a premium price calculated using a fixed-floating formula of 9% of the lithium hydroxide price quoted on the London Metal Exchange (LME).
With multiple key catalysts, it's time to consider beaten-down lithium stocks to buy. For one, lithium prices are finally showings signs of bottoming out.
The U.S. stock market is enjoying a rally after positive economic data from the Bureau of Labor Statistics. The April consumer price index (CPI) figures showed inflation cooling for the first time in 6 months, which has signaled to investors inflation will likely start to trend downward.