Ganfeng invests $70 million in the south Pastos Grandes project, gaining 14.8% ownership. Lithium Argentina's Cauchari-Olaroz project shows progress with improving lithium purity and an increase in lithium production. The long-term goal for Cauchari-Olaroz project is over 60,000 tonnes of battery grade lithium produced annually. Combine that with the southern projects and we should see much larger long-term output.
While lithium prices have improved since the beginning of the year, the increase is not significant enough to resolve long-term market uncertainties or positively impact the likes of Albemarle Corporation (NYSE:ALB, ETR:AMC), says UBS. The Swiss bank revised down its 12-month price target to $124 from $132.
Century Lithium Corp. (TSX-V:LCE, OTCQX:CYDVF) CEO Bill Willoughby has called the feasibility study on the company's Clayton Valley lithium project a “major milestone.” Willoughby told investors that the report, released in April 2024 and filed on Thursday, is the “culmination of the dedicated work of our team of employees and consultants and highlights the economic benefits of the project made possible by Century's unique use of chlor-alkali and direct lithium extraction processing.
Millionaire-maker lithium stocks are still in demand because of the growing need for lithium. This is illustrated by its market size, valued at $26.88 billion in 2023 and projected to grow by 22.1% to $134 billion by 2032.
VANCOUVER, BC / ACCESSWIRE / June 13, 2024 / FE Battery Metals Corp (CSE:FE)(OTCQB:FEMFF)(WKN: A2JC89) ("FE" or the "Company") is pleased to announce the positive results of hydrometallurgical testwork that was able to produce battery grade lithium carbonate from pegmatite samples from its Augustus Lithium Project. For the study, FE contracted SGS Canada Inc. ("SGS").
With the world fighting to go green, we need as much lithium as possible. All of which will create substantial opportunities for some of the best lithium stocks to buy.
Lithium Americas Corp. shares have dropped below $3. Thacker Pass is a significant lithium find, and LAC's other holdings in the McDermitt Caldera region are also valuable. Despite the current low prices, the demand for lithium in various industries, including batteries and electronics, remains strong.
Michael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties.
VANCOUVER, BC / ACCESSWIRE / June 12, 2024 / Noram Lithium Corp. ("Noram" or the "Company") (TSXV:NRM)(OTCQB:NRVTF)(Frankfurt:N7R) announces that it has completed an updated Mineral Resource Estimate ("MRE") for its 100% owned Zeus Lithium Project ("Zeus" or the "Project"), located in the Clayton Valley, Nevada. The updated MRE reflects work carried out on the Project over the last year, including an updated geological model and a Phase VII drilling program completed in January 2024.
Lithium Americas (Argentina) Corp. is a potential investment opportunity due to its exposure to the lithium industry and its ambitious growth plans. The company's Caucharí-Olaroz project in Argentina has the potential to become a low-cost supplier of lithium carbonate. Lithium Americas (Argentina) has a strategic partnership with Ganfeng Lithium, which could provide synergies and value-capture opportunities.
Tantalex Lithium Resources (CSE:TTX, OTC:TTLXF) said it is making progress in its TiTan plant optimization program with the arrival of a new scrubber at the project site this week. Installation of the scrubber is set to commence in the coming weeks, targeting a resumption of tin and tantalum concentrate production within six to eight weeks, the company told shareholders.
Lithium demand is about to skyrocket, opening opportunities for some of the most undervalued lithium stocks available. First, according to Statista, global demand is set to soar, noting it could reach 3.8 million tons by 2035.