CleanTech Lithium said plans for the current year include sending battery-grade lithium samples to potential strategic partners and off-takers to start product qualification. This is part of the development of the construction finance to bring Laguna Verde into operation, added Steve Kesler, interim chief executive.
The share prices of lithium miners are booming even as sales of lithium powered electric vehicles slow, a disconnection which should ring an alarm bell for investors.
BRITISH VIRGIN ISLANDS / ACCESSWIRE / May 20, 2024 / Bradda Head Lithium Ltd (AIM:BHL)(TSX-V:BHLI), the North America-focused lithium development group, is pleased to announce that it has come to a settlement regarding the fraudulent payment first notified on 29 March 2022 and subsequently disclosed in the audited financial statements for the years ending February 2022 and February 2023. Bradda Head has signed a settlement agreement ("Agreement") pursuant to which it will be partially reimbursed for the fraudulent funds transfer.
There are multiple signs that lithium prices are headed higher. It was recently determined that the lithium carbonate CIF North Asia price had reached $14,600 on May 7.
Improved pricing, a better supply/demand balance, and cost-cutting efforts are lining up.
VANCOUVER, BC / ACCESSWIRE / May 17, 2024 / Usha Resources Ltd. ("USHA" or the "Company") (TSXV:USHA)(OTCQB:USHAF)(FSE:JO0), a North American lithium exploration company, is pleased to announce that it has entered into a Letter of Intent (the "LOI") with Stardust Power, Inc. ("Stardust Power") dated March 15, 2024 granting Stardust Power the right to earn up to a 90% interest subject to a 2% Net Smelter Royalty ("NSR") in Usha's Jackpot Lake Lithium Brine Project ("Jackpot Lake" or the "Project").
Sigma Lithium Corp (TSX-V:SGML, NASDAQ:SGML) reported strong first quarter 2024 results marked by strategic initiatives aimed at expanding production capacity and extending operational life in the lithium market. The company's revenues from volumes of Quintuple Zero High Purity Lithium Concentrate sold in the first quarter reached US$49.1 million, with sales volumes totaling 52,857 tons and production volumes at 54,168 tons.
PHOENIX, AZ / ACCESSWIRE / May 16, 2024 / PetroSun, Inc (OTC PINK:PSUD) (the "Company") announced today an increase in our lithium reserves and anticipated production start date. PetroSun and its technology affiliates are confident in our ability to extract and process lithium from both clay and brine water on a level that is both economically viable in today's market and environmentally friendly.