Argentina Lithium & Energy Corp (TSX-V:LIT, OTCQX:LILIF) is expanding its footprint in the burgeoning lithium market near some of the leading world-class lithium operations. Its work in Argentina has attracted the likes of Stellantis, the global automotive group, who is investing nearly C$90 million in the company thanks to two key projects.
Expansion of Sarcobatus Land Position to 1,730 acres LAS VEGAS, NV / ACCESSWIRE / June 6, 2024 / American Lithium Minerals (OTC PINK:AMLM) has expanded its land position at the Sarcobatus Lithium Property in Nye County, Nevada. The project is now comprised of 87 placer mining claims (approximately 1,730 acres).
Occidental Petroleum and Berkshire Hathaway Energy are teaming up.
Earlier in May, President Biden's administration announced a series of new tariffs on goods sourced from China. The move will raise the tariff rate on a variety of imported goods including steel and aluminum, semiconductors, electric vehicles and batteries, solar industry goods and medical equipment.
Atlantic Lithium has started groundwork at Senya Beraku, a new licence in Ghana within its East African Cape Coast portfolio. Lying 70km from Atlantic's flagship Ewoyaa project, initial exploration will comprise geochemical soil sampling, geological mapping and rock chip gathering over the tenement's 82.11sq km, “Senya Beraku also sits 20km east of the known Egyasimanku Hill-Winneba spodumene pegmatite field, where coarse-grained spodumene pegmatites have been observed,” Atlantic's statement said So far,1,344 soil samples have been collected, from a planned 5,405, with weathered coarse-grained pegmatite units identified in surface geological mapping.
Lithium Americas faces risks from volatile lithium prices and dilutive financing, but these risks are overblown by a recent short report. LAC's Thacker Pass project has already produced lithium carbonate samples and utilizes proven technology and equipment. The U.S. government's aggressive plan to support the domestic supply chain includes a focus on lithium production, which bodes well for Lithium Americas' DoE loan.
CleanTech Lithium has inaugurated its Direct Lithium Extraction (DLE) pilot plant at Copiapó, part of Chile's Atacama Region. Attendees at the ceremony included the Presidential Delegate of the Atacama Region, Luis Pino, Regional Councillor Javier Castillo; CORFO Director Rosa Román; CORPROA President Andrés Rubilar; miners' union president Joel Carrizo; and indigenous community representatives Christián Milla and Ercilia Araya.
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.