Sal

Former Allkem Chairman Martin Rowley Joins Atlas Lithium as Lead Strategic Advisor

Retrieved on: 
Tuesday, September 26, 2023
Lithium, Marketing, Atlas, CAD, BOCA, AUD, Mining, Growth, Copper, Sal, Management, Galaxy, Allkem

BOCA RATON, Fla., Sept 26, 2023 - (ACN Newswire) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or "Company") is pleased to announce the appointment of Mr. Martin Rowley as the Company's Lead Strategic Advisor.

Key Points: 
  • BOCA RATON, Fla., Sept 26, 2023 - (ACN Newswire) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or "Company") is pleased to announce the appointment of Mr. Martin Rowley as the Company's Lead Strategic Advisor.
  • In fact, Mr. Rowley has earned the rare distinction of starting and growing two prominent multi-billion-dollar companies, one in lithium and the other in copper.
  • Mr. Rowley then became Chairman of Galaxy Resources Ltd after it merged with Lithium One, adding the Mt.
  • Martin Rowley commented, "Atlas Lithium appealed to me as a company focused on strong execution rather than marketing hype.

Alpha Lithium Files Improved Preliminary Economic Assessment and Provides Update on Strategic Review Process

Retrieved on: 
Thursday, September 21, 2023
Lithium, Techno-economic assessment, Inference, Fenix, Salta Province, Committee, Salar del Hombre Muerto, G&A, QP, PEA, NPV, NO, NI, Mining, OTC, FGC, Transport, Sal, Lithium carbonate, POSCO, News, NEO, Rare-earth element, Alpha, Doctor of Philosophy

The Company also provides an update on its ongoing strategic review process, which continues with active discussions with multiple, multinational parties.

Key Points: 
  • The Company also provides an update on its ongoing strategic review process, which continues with active discussions with multiple, multinational parties.
  • Brad Nichol, President & CEO of Alpha, commented, “Our Strategic Review Process continues, and Alpha is well-positioned with our unique and highly attractive assets.
  • Alpha’s robust strategic review process continues to receive significant interest and remains in progress, as discussions with several interested parties continue.
  • Alpha is well-positioned with its unique lithium assets, which remain highly attractive to a global list of interested parties, including Tecpetrol.

Atlas Lithium Announces Investments from Strategic Parties to Advance Its Lithium Project

Retrieved on: 
Monday, July 24, 2023
Lithium, Galaxy, Galaxy Resources, Atlas, Bangladesh Securities and Exchange Commission, Name, Sumathi Best Television Current Reporting Award, Growth, Security (finance), Sal, Allkem

One of the investors is Mr. Martin Rowley, recently retired Chairman of Allkem Limited, a well-known lithium company with market capitalization of approximately US$ 7 billion.

Key Points: 
  • One of the investors is Mr. Martin Rowley, recently retired Chairman of Allkem Limited, a well-known lithium company with market capitalization of approximately US$ 7 billion.
  • The capital raised will be utilized in advancing Atlas Lithium's 100%-owned Neves Project in Brazil's Lithium Valley, a well-regarded mining district for hard-rock lithium.
  • Marc Fogassa, Atlas Lithium's CEO and Chairman, commented, "Mr. Rowley is one of the most distinguished names in the lithium space.
  • Atlas Lithium is most fortunate to have earned their interest as we rapidly advance our project."

Lithium Americas Reports Second Quarter 2023 Results

Retrieved on: 
Wednesday, August 9, 2023
Lithium, U.S. Department of Energy, Office of Inspector General, Letter, Record of decision, Office of Inspector General, U.S. Department of Health and Human Services, LAC, Technical report, Advanced Technology Vehicles Manufacturing Loan Program, Bureau of Land Management, National Technical Information Service, Bureau, SME, Tax, Tranche, United States Court of Appeals for the Ninth Circuit, Record, DOE, Doctor of Philosophy, Separation, United States district court, District court, Acquisition, State, GM, National instrument, Thacker Pass Lithium Mine, Engineering, Pond, SEDAR, Supreme court, NewCo, Law of the United Kingdom, National Instrument 43-101, TSX, Sal, News, NYSE, Proxy, Pastos Grandes, Bank, Lithium Corporation of America

VANCOUVER, British Columbia, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) has reported financial and operating results for the quarter ended June 30, 2023 (“Q2 2023”).

Key Points: 
  • VANCOUVER, British Columbia, Aug. 09, 2023 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) has reported financial and operating results for the quarter ended June 30, 2023 (“Q2 2023”).
  • Caucharí-Olaroz is expected to produce approximately 5,000 tonnes of lithium carbonate in 2023.
  • As of June 30, 2023, $895 million of the $979 million total expected capex has been spent (on a 100% basis).
  • On July 31, 2023, at the annual, general and special meeting of Lithium Americas shareholders, 98.85% of the votes cast by shareholders present in person or by proxy at the meeting voted in favor of the separation of the Company into Lithium Americas (Argentina) Corp. (“Lithium Argentina”) and a new Lithium Americas Corp. (“Lithium Americas (NewCo)”), pursuant to a statutory plan of arrangement (the “Separation”).

Atlas Lithium Announces Investments from Strategic Parties to Advance Its Lithium Project

Retrieved on: 
Monday, July 24, 2023
Lithium, Galaxy, Galaxy Resources, Atlas, Bangladesh Securities and Exchange Commission, Name, Sumathi Best Television Current Reporting Award, Growth, Security (finance), Sal, Allkem

One of the investors is Mr. Martin Rowley, recently retired Chairman of Allkem Limited, a well-known lithium company with market capitalization of approximately US$ 7 billion.

Key Points: 
  • One of the investors is Mr. Martin Rowley, recently retired Chairman of Allkem Limited, a well-known lithium company with market capitalization of approximately US$ 7 billion.
  • The capital raised will be utilized in advancing Atlas Lithium's 100%-owned Neves Project in Brazil's Lithium Valley, a well-regarded mining district for hard-rock lithium.
  • Marc Fogassa, Atlas Lithium's CEO and Chairman, commented, "Mr. Rowley is one of the most distinguished names in the lithium space.
  • Atlas Lithium is most fortunate to have earned their interest as we rapidly advance our project."

Alpha Lithium Files Technical Report for Highly Prospective Hombre Muerto Project in Argentina

Retrieved on: 
Tuesday, June 20, 2023
Lithium, Fenix, Alpha, Technical report, German, VES, Salar, University, Research, World Bank, Consultant, Accounting, Student, Report, Nichol, National instrument, Carbonate, OTC, HR, National Instrument 43-101, AMSA, Lithium carbonate, Hand, News, POSCO, Sal, NEO, Mining

The Report was prepared by Dr. Mark King of Groundwater Insight Inc., an expert in lithium brine salars and, specifically, in the Salar del Hombre Muerto.

Key Points: 
  • The Report was prepared by Dr. Mark King of Groundwater Insight Inc., an expert in lithium brine salars and, specifically, in the Salar del Hombre Muerto.
  • Alpha’s extensive experience in Hombre Muerto, combined with the VES results and the exploration histories of the neighboring properties, make the Hombre Muerto project highly prospective.
  • The Company currently holds just over 5,000 hectares in Hombre Muerto Salar, one of the world’s foremost lithium brine salars.
  • All operations and assets of the Company are in Argentina and are fully managed by Alpha Lithium Argentina SA (“Alpha SA”) in Tolillar, and Alpha Minerals Argentina (“AMSA”) in Hombre Muerto, utilizing local employees and consultants.

Global Lithium Mining Revenues To Attain $3.1 Billion By 2031 as Battery Manufacturing Anticipated To Hold Strong Position

Retrieved on: 
Thursday, May 25, 2023
Lithium, PALM, Acquisition, NEWS, News, NYSE, IRR, PAK, Saltern, DLE, FNM, Research, Lithium Corporation of America, Report, National instrument, SEDAR, Designated activity company, TSX, Growth, Knowledge, Security (finance), Sal, LAC, Canada, NOT, UPDATE, Energy Independence and Security Act of 2007, SLI, COVID-19, Carbon, PFS, Government, SWA, PEA, NPV, Climate change, Lithium carbonate, Economics, Saft (company), Pilot plant, Form 10-K, NEVER, Mining, ANY, OTCQX, Annual report, Bolt, Spark

PALM BEACH, Fla., May 25, 2023 /PRNewswire/ -- The demand for Lithium-ion batteries seems to grow daily and the market's future looks to significantly expand for years to come. The increasing demand for electric vehicles, smartphones, and other electronic devices that use lithium-ion batteries is driving the demand for lithium. Lithium is a key component of these batteries, and as the demand for these products grows, so does the demand for lithium. Globally, operations in the lithium mining business had scaled back during COVID-19 but the market has fully recovered as a report from Fact.MR projected that the Lithium Mining Revenues to Attain USD 3.1 Billion by 2031; Battery manufacturing anticipated to hold strong position. The report said there are several drivers for the market. "Governments across the globe are promoting the use of electric vehicles as a means of reducing carbon emissions and achieving climate change targets. This has led to increased investment in the development of electric vehicle infrastructure and the expansion of lithium-ion battery production capacity. Lithium-ion batteries are increasingly being used for energy storage systems, particularly in renewable energy applications. As the use of renewable energy grows, the demand for lithium is expected to increase as well." Active Companies in the markets today include Century Lithium Corp. (OTCQX: CYDVF) (TSXV: LCE), Lithium Americas Corp. (NYSE: LAC) (TSX: LAC), Standard Lithium Ltd. (NYSE American: SLI) (TSX-V: SLI), American Lithium Corp. (NASDAQ:AMLI) (TSX-V:LI), Frontier Lithium Inc. (OTCQX: LITOF) (TSX-V: FL).

Key Points: 
  • Lithium is a key component of these batteries, and as the demand for these products grows, so does the demand for lithium.
  • Globally, operations in the lithium mining business had scaled back during COVID-19 but the market has fully recovered as a report from Fact.MR projected that the Lithium Mining Revenues to Attain USD 3.1 Billion by 2031; Battery manufacturing anticipated to hold strong position.
  • As technology improves, the use of lithium-ion batteries is becoming more efficient, leading to increased demand for high-quality lithium.
  • Over the next ten years, the worldwide lithium mining industry is expected to grow at a 7% CAGR by 2031."

Global Lithium Mining Revenues To Attain $3.1 Billion By 2031 as Battery Manufacturing Anticipated To Hold Strong Position

Retrieved on: 
Thursday, May 25, 2023
Lithium, PALM, Acquisition, NEWS, News, NYSE, IRR, PAK, Saltern, DLE, FNM, Research, Lithium Corporation of America, Report, National instrument, SEDAR, Designated activity company, TSX, Growth, Knowledge, Security (finance), Sal, LAC, Canada, NOT, UPDATE, Energy Independence and Security Act of 2007, SLI, COVID-19, Carbon, PFS, Government, SWA, PEA, NPV, Climate change, Lithium carbonate, Economics, Saft (company), Pilot plant, Form 10-K, NEVER, Mining, ANY, OTCQX, Annual report, Bolt, Spark

PALM BEACH, Fla., May 25, 2023 /PRNewswire/ -- The demand for Lithium-ion batteries seems to grow daily and the market's future looks to significantly expand for years to come. The increasing demand for electric vehicles, smartphones, and other electronic devices that use lithium-ion batteries is driving the demand for lithium. Lithium is a key component of these batteries, and as the demand for these products grows, so does the demand for lithium. Globally, operations in the lithium mining business had scaled back during COVID-19 but the market has fully recovered as a report from Fact.MR projected that the Lithium Mining Revenues to Attain USD 3.1 Billion by 2031; Battery manufacturing anticipated to hold strong position. The report said there are several drivers for the market. "Governments across the globe are promoting the use of electric vehicles as a means of reducing carbon emissions and achieving climate change targets. This has led to increased investment in the development of electric vehicle infrastructure and the expansion of lithium-ion battery production capacity. Lithium-ion batteries are increasingly being used for energy storage systems, particularly in renewable energy applications. As the use of renewable energy grows, the demand for lithium is expected to increase as well." Active Companies in the markets today include Century Lithium Corp. (OTCQX: CYDVF) (TSXV: LCE), Lithium Americas Corp. (NYSE: LAC) (TSX: LAC), Standard Lithium Ltd. (NYSE American: SLI) (TSX-V: SLI), American Lithium Corp. (NASDAQ:AMLI) (TSX-V:LI), Frontier Lithium Inc. (OTCQX: LITOF) (TSX-V: FL).

Key Points: 
  • Lithium is a key component of these batteries, and as the demand for these products grows, so does the demand for lithium.
  • Globally, operations in the lithium mining business had scaled back during COVID-19 but the market has fully recovered as a report from Fact.MR projected that the Lithium Mining Revenues to Attain USD 3.1 Billion by 2031; Battery manufacturing anticipated to hold strong position.
  • As technology improves, the use of lithium-ion batteries is becoming more efficient, leading to increased demand for high-quality lithium.
  • Over the next ten years, the worldwide lithium mining industry is expected to grow at a 7% CAGR by 2031."

Lithium Americas Reports First Quarter 2023 Results

Retrieved on: 
Monday, May 15, 2023
Lithium, U.S. Department of Energy, Office of Inspector General, Letter, U.S. Department of Defense Strategy for Operating in Cyberspace, LAC, Defense Technical Information Center, SME, Tax, SX, DOE, Bechtel, Doctor of Philosophy, Separation, Lithium Corporation of America, Retirement, Acquisition, GM, National instrument, Engineering, National Instrument 43-101, TSX, Sal, News, NYSE, Pastos Grandes, Construction, Pastos Grandes Lake, Thacker Pass Lithium Mine

VANCOUVER, British Columbia, May 15, 2023 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) has reported financial and operating results for the first quarter ended March 31, 2023 (“Q1 2023”).

Key Points: 
  • VANCOUVER, British Columbia, May 15, 2023 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) (“Lithium Americas” or the “Company”) has reported financial and operating results for the first quarter ended March 31, 2023 (“Q1 2023”).
  • Additional purification processing equipment necessary to achieve battery-quality lithium carbonate is expected to be completed in H2 2023, following the start of pre-commercial production.
  • Ramp up to 40,000 tonnes per annum (“tpa”) of battery-quality lithium carbonate is targeted to be complete in Q1 2024.
  • On February 16, 2023, the initial tranche of $320 million closed with GM’s purchase of 15 million Lithium Americas’ common shares at $21.34 per share.

Lithium Americas Approves Agreement Providing for Separation into Two Leading Lithium Companies

Retrieved on: 
Monday, May 15, 2023
Lithium, Minority, BMO Capital Markets, Canada Revenue Agency, Stifel, LAC, Toronto Stock Exchange, Model Business Corporation Act, EVP, AGM, ASX, Meeting, Separation, Circular, The Company, Investment, SEDAR, NewCo, CFO, TSX, Growth, Sal, Multilateral, NYSE, Pastos Grandes, Rare-earth element, Security (finance), Management, Electric battery, Lithium Corporation of America

VANCOUVER, British Columbia, May 15, 2023 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) ("Lithium Americas" or the "Company") is pleased to announce that its Board of Directors has unanimously approved the execution of an arrangement agreement providing for the reorganization of the Company that will result in the separation of its North American and Argentine business units into two independent public companies (the “Separation”).

Key Points: 
  • The Separation will establish an Argentina focused lithium company (“Lithium Argentina”) and a North America focused lithium company (“Lithium Americas (NewCo)”).
  • “With this approval by the Board of Directors, we are excited to clear a key milestone in moving forward to separate Lithium Americas into two distinct leading lithium companies,” said Jonathan Evans, President and CEO of Lithium Americas.
  • The Separation is governed by the terms of the arrangement agreement entered into today between Lithium Americas and 1397468 B.C.
  • A copy of the arrangement agreement will be filed under Lithium Americas’ profile on SEDAR at www.sedar.com.