SC6

Lithium Royalty Corp. Reports Q4 2023 Results

Retrieved on: 
Wednesday, March 27, 2024
Mining, Minerals, Natural Resources, Lithium, EV, Cell, Biophysical environment, Thacker Pass Lithium Mine, SC6, Finniss Lithium Project, LCE, LFP, Bank statement, PEA, Bloomberg L.P., Cost, LOM, Core, LRC, Tres Quebradas, Atlas, EVS, SMM, Battery electric vehicle, Plug-in, Interim, PHEV, NPV, Sigma, Annual report, Hybrid, Economics, BYD, Growth, BEV, COMEX, Shanghai Metals Market, CFO, GT1, NSR, Root, Lithium oxide, ESS

Atlas Lithium Das Neves Royalty: In December 2023, Atlas Lithium announced that it was fully funded to develop Phase 1 of its Das Neves project, which Atlas is targeting to produce 150,000 tpa of spodumene concentrate.

Key Points: 
  • Atlas Lithium Das Neves Royalty: In December 2023, Atlas Lithium announced that it was fully funded to develop Phase 1 of its Das Neves project, which Atlas is targeting to produce 150,000 tpa of spodumene concentrate.
  • Atlas Lithium has secured $50 million in funding through partnerships with lithium converters Chengxin Lithium and Sichuan Yahua.
  • LRC estimates that the global lithium market grew by approximately 28% in 2023, with the lithium market approaching almost 1Mt of lithium carbonate equivalent (LCE).
  • SMM reports that spodumene concentrate prices in 2023 averaged $3,610/tonne CIF (Cost, Insurance, and Freight) China, with lithium carbonate prices during 2023 averaging approximately $36,000/tonne.

International Lithium Files PEA Technical Report for Raleigh Lake Lithium Project - Outlines Highly Favourable After-Tax NPV (discounted at 8%) of CAD$342.9 million and After-Tax IRR of 44.3% p.a.

Retrieved on: 
Thursday, January 18, 2024
Lithium, SC6, EVS, MRE, Kenora, Technical report, Hydro One, NPV, Report, Lom, SGS, IRR, Economics, Property, Mining, Rubidium, Canadian National Railway, Ontario Highway 115, Environmental resource management, TC Energy, PEA, National Instrument 43-101, CAD, Engineering, News, National instrument, ILC

As originally foreshadowed, the very near proximity of Raleigh Lake to existing service infrastructure along the Trans-Canada Highway corridor affords significant logistical and economic advantages to the project.

Key Points: 
  • As originally foreshadowed, the very near proximity of Raleigh Lake to existing service infrastructure along the Trans-Canada Highway corridor affords significant logistical and economic advantages to the project.
  • The Company continues to investigate the potential value associated with the extraction of rubidium from the microcline zone within the spodumene deposit.
  • Economics (discounted at 8% p.a., CAD$)
    Pre-tax Cashflow = CAD$709.4 million, NPV = CAD$385.1 million, IRR = 46.5% p.a.
  • The SGS lab tests obtained 22.9 weight percentages of 6% Lithium Concentrate and estimated 81% lithium recovery
    A copy of The Report, "The Raleigh Lake Project, NI43-101 Technical Report - PEA," was filed on SEDAR on January 18, 2024.

Why Lithium Mining Is Anticipated To Grow Tenfold Between 2021 and 2030

Retrieved on: 
Thursday, March 30, 2023
Lithium, PALM, Bureau of Land Management, Bureau, NAL, EVS, Projection, Resource, SC6, Investment, Piedmont Lithium, NEWS, News, NYSE, DLE, EV, ISO, Smackover Formation, FNM, OTCQB, Research, USD, Permeability, Car, TSX, Knowledge, Security (finance), LAC, LCE, Pilbara Minerals, NOT, Energy Independence and Security Act of 2007, SLI, DLP, Carbon, ICE, Form 10-K, Public expenditure, NEVER, BLM, PLL, Thacker Pass Lithium Mine, ANY, Annual report

PALM BEACH, Fla., March 30, 2023 /PRNewswire/ -- The market for lithium-ion batteries is likely to grow significantly over the next several years as a result of the electrification of cars, which will spur lithium mining during that period. A report from ResearchAndMarkets projected that the Global Lithium market , which was valued at USD 4650 Million in 2021 and expected to grow at a CAGR of 13.5% during the forecast period of 2023-2028. The report said: "Due to the strict rules that ICE automakers must adhere to in order to minimize carbon dioxide emissions from automobiles, the automotive application market is predicted to increase significantly over the course of the projection period. This has caused automakers to become more interested in creating EVs, which is expected to increase demand for lithium and related goods. Together with investments in this area, government subsidies for EVs are projected to serve as an additional catalyst for the market's expansion. Also, the growing lithium-ion battery market will be able to get enough products from the lithium sector. Direct lithium extraction (DLE) and direct lithium to product (DLP), which are anticipated to grow tenfold between 2021 and 2030, can be the driving factors behind the industry's ability to react more quickly to skyrocketing demand."  Active mining stocks in the markets this week include:  Lithium South Development Corporation (OTCQB: LISMF) (TSX-V: LIS), Lithium Americas Corp. (NYSE: LAC) (TSX: LAC),  Lithium Ltd. (NYSE: SLI) (TSXV: SLI), Piedmont Lithium Inc. (NASDAQ: PLL), Pilbara Minerals (OTCPK: PILBF).

Key Points: 
  • This has caused automakers to become more interested in creating EVs, which is expected to increase demand for lithium and related goods.
  • Also, the growing lithium-ion battery market will be able to get enough products from the lithium sector.
  • Direct lithium extraction (DLE) and direct lithium to product (DLP), which are anticipated to grow tenfold between 2021 and 2030, can be the driving factors behind the industry's ability to react more quickly to skyrocketing demand.
  • "  Active mining stocks in the markets this week include: Lithium South Development Corporation (OTCQB: LISMF) (TSX-V: LIS), Lithium Americas Corp. (NYSE: LAC) (TSX: LAC), Lithium Ltd. (NYSE: SLI) (TSXV: SLI), Piedmont Lithium Inc. (NASDAQ: PLL), Pilbara Minerals (OTCPK: PILBF).

Why Lithium Mining Is Anticipated To Grow Tenfold Between 2021 and 2030

Retrieved on: 
Thursday, March 30, 2023
Lithium, PALM, Bureau of Land Management, Bureau, NAL, EVS, Projection, Resource, SC6, Investment, Piedmont Lithium, NEWS, News, NYSE, DLE, EV, ISO, Smackover Formation, FNM, OTCQB, Research, USD, Permeability, Car, TSX, Knowledge, Security (finance), LAC, LCE, Pilbara Minerals, NOT, Energy Independence and Security Act of 2007, SLI, DLP, Carbon, ICE, Form 10-K, Public expenditure, NEVER, BLM, PLL, Thacker Pass Lithium Mine, ANY, Annual report

PALM BEACH, Fla., March 30, 2023 /PRNewswire/ -- The market for lithium-ion batteries is likely to grow significantly over the next several years as a result of the electrification of cars, which will spur lithium mining during that period. A report from ResearchAndMarkets projected that the Global Lithium market , which was valued at USD 4650 Million in 2021 and expected to grow at a CAGR of 13.5% during the forecast period of 2023-2028. The report said: "Due to the strict rules that ICE automakers must adhere to in order to minimize carbon dioxide emissions from automobiles, the automotive application market is predicted to increase significantly over the course of the projection period. This has caused automakers to become more interested in creating EVs, which is expected to increase demand for lithium and related goods. Together with investments in this area, government subsidies for EVs are projected to serve as an additional catalyst for the market's expansion. Also, the growing lithium-ion battery market will be able to get enough products from the lithium sector. Direct lithium extraction (DLE) and direct lithium to product (DLP), which are anticipated to grow tenfold between 2021 and 2030, can be the driving factors behind the industry's ability to react more quickly to skyrocketing demand."  Active mining stocks in the markets this week include:  Lithium South Development Corporation (OTCQB: LISMF) (TSX-V: LIS), Lithium Americas Corp. (NYSE: LAC) (TSX: LAC),  Lithium Ltd. (NYSE: SLI) (TSXV: SLI), Piedmont Lithium Inc. (NASDAQ: PLL), Pilbara Minerals (OTCPK: PILBF).

Key Points: 
  • This has caused automakers to become more interested in creating EVs, which is expected to increase demand for lithium and related goods.
  • Also, the growing lithium-ion battery market will be able to get enough products from the lithium sector.
  • Direct lithium extraction (DLE) and direct lithium to product (DLP), which are anticipated to grow tenfold between 2021 and 2030, can be the driving factors behind the industry's ability to react more quickly to skyrocketing demand.
  • "  Active mining stocks in the markets this week include: Lithium South Development Corporation (OTCQB: LISMF) (TSX-V: LIS), Lithium Americas Corp. (NYSE: LAC) (TSX: LAC), Lithium Ltd. (NYSE: SLI) (TSXV: SLI), Piedmont Lithium Inc. (NASDAQ: PLL), Pilbara Minerals (OTCPK: PILBF).

Canada Is on the Cusp of a Lithium Awakening

Retrieved on: 
Tuesday, March 21, 2023
Lithium, Bureau, NAL, SC6, Bureau of Land Management, Mineral Resources Limited, News, NYSE, IRR, DLE, FNM, OTCQB, Government, Lithium Corporation of America, MSC, Bromine, Map, TSX, Security (finance), Tesla, LAC, LCE, Exercise, NOT, Eye, Albemarle Corporation, PEA, Piedmont Lithium, ALB, Lithium carbonate, Local government in Canada, Natural Resources Canada, Article, Form 10-K, BLM, ANY, Health, Annual report, LG Chem, Cryptocurrency, Author, Sayona, Kaiser

NEW YORK, March 21, 2023 /PRNewswire/ -- John Kaiser of Kaiser Research believes Canada is due for a "lithium awakening." According to Kaiser, the market is moving past the 10-year bear market for the resources sector, particularly for juniors, and transitioning into a potential decade-long bull market with lithium leading the charge. Kaiser has been keeping a close eye on Canada's James Bay region, which he sees as a burgeoning area bet but James Bay lithium projects aren't the only ones garnering attention in Canada. The US Inflation Reduction Act has elevated Canada's standing as a battery material manufacturer due to its proximity and trading ties with the US. Sayona Mining Limited (OTCQB: SYAXF) and Piedmont Lithium (NASDAQ: PPL) recently produced its first batch of marketable lithium concentrate at its North American Lithium (NAL) mine in Quebec. E3 Lithium (TSXV: ETL) (OTCQX: EEMMF) is focused on developing its significant lithium resource in Alberta, while Lithium Americas (TSX: LAC) (NYSE: LAC) and Albemarle Corporation (NYSE: ALB) are working on lithium projects in the US.

Key Points: 
  • NEW YORK, March 21, 2023 /PRNewswire/ -- John Kaiser of Kaiser Research believes Canada is due for a "lithium awakening."
  • Sayona Mining Limited (OTCQB: SYAXF) and Piedmont Lithium (NASDAQ: PPL) recently produced its first batch of marketable lithium concentrate at its North American Lithium (NAL) mine in Quebec.
  • E3 Lithium (TSXV: ETL) (OTCQX: EEMMF) is focused on developing its significant lithium resource in Alberta, while Lithium Americas (TSX: LAC) (NYSE: LAC) and Albemarle Corporation (NYSE: ALB) are working on lithium projects in the US.
  • Australian lithium mining companies Sayona Mining Limited (OTCQB: SYAXF) and Piedmont Lithium (NASDAQ: PPL) just successfully produced the first commercially viable spodumene (lithium) concentrate at its jointly owned North American Lithium (NAL) mine in Québec, Canada.

Canada Is on the Cusp of a Lithium Awakening

Retrieved on: 
Tuesday, March 21, 2023
Lithium, Bureau, NAL, SC6, Bureau of Land Management, Mineral Resources Limited, News, NYSE, IRR, DLE, FNM, OTCQB, Government, Lithium Corporation of America, MSC, Bromine, Map, TSX, Security (finance), Tesla, LAC, LCE, Exercise, NOT, Eye, Albemarle Corporation, PEA, Piedmont Lithium, ALB, Lithium carbonate, Local government in Canada, Natural Resources Canada, Article, Form 10-K, BLM, ANY, Health, Annual report, LG Chem, Cryptocurrency, Author, Sayona, Kaiser

NEW YORK, March 21, 2023 /PRNewswire/ -- John Kaiser of Kaiser Research believes Canada is due for a "lithium awakening." According to Kaiser, the market is moving past the 10-year bear market for the resources sector, particularly for juniors, and transitioning into a potential decade-long bull market with lithium leading the charge. Kaiser has been keeping a close eye on Canada's James Bay region, which he sees as a burgeoning area bet but James Bay lithium projects aren't the only ones garnering attention in Canada. The US Inflation Reduction Act has elevated Canada's standing as a battery material manufacturer due to its proximity and trading ties with the US. Sayona Mining Limited (OTCQB: SYAXF) and Piedmont Lithium (NASDAQ: PPL) recently produced its first batch of marketable lithium concentrate at its North American Lithium (NAL) mine in Quebec. E3 Lithium (TSXV: ETL) (OTCQX: EEMMF) is focused on developing its significant lithium resource in Alberta, while Lithium Americas (TSX: LAC) (NYSE: LAC) and Albemarle Corporation (NYSE: ALB) are working on lithium projects in the US.

Key Points: 
  • NEW YORK, March 21, 2023 /PRNewswire/ -- John Kaiser of Kaiser Research believes Canada is due for a "lithium awakening."
  • Sayona Mining Limited (OTCQB: SYAXF) and Piedmont Lithium (NASDAQ: PPL) recently produced its first batch of marketable lithium concentrate at its North American Lithium (NAL) mine in Quebec.
  • E3 Lithium (TSXV: ETL) (OTCQX: EEMMF) is focused on developing its significant lithium resource in Alberta, while Lithium Americas (TSX: LAC) (NYSE: LAC) and Albemarle Corporation (NYSE: ALB) are working on lithium projects in the US.
  • Australian lithium mining companies Sayona Mining Limited (OTCQB: SYAXF) and Piedmont Lithium (NASDAQ: PPL) just successfully produced the first commercially viable spodumene (lithium) concentrate at its jointly owned North American Lithium (NAL) mine in Québec, Canada.

Lithium Producers Play a Vital Role in the Electrification of Vehicles

Retrieved on: 
Monday, March 20, 2023
Lithium, Quartz, Lithium hydroxide, Bureau of Land Management, Bureau, Original equipment manufacturer, Bye Aerospace eFlyer 2, MTPA, SC6, Acquisition, Environment, News, NYSE, Financial News, Season, USD, Tantalum pentoxide, GM, Car, National instrument, Chairperson, TSX, Investment, LAC, LCE, International Journal of Research in Marketing, Techno-economic assessment, CSE, Bev, Share (finance), CV13, GST, Carbon, PEA, TLC, Stantec, Magnesium sulfate, Research, Lithium carbonate, RMC, Property, Geology, ASX, Foremost, BLM, Vale, Thacker Pass Lithium Mine, Mining, OTC, OTCQX, Val-d'Or, Exploration

NEW YORK, March 20, 2023 /PRNewswire/ -- The electrification of automobiles is projected to drive the lithium-ion battery market, considerably increasing demand for lithium-ion batteries in the near future. The growing awareness of the amount of carbon emissions released into the environment from automobiles, plus the recent advances made in battery technology, has helped spur the adoption of electric vehicles around the globe. This, in turn, has put the burden on manufacturers to offer electric vehicles powered by lithium-ion batteries, instead of adopting other battery alternatives due to their lightweight nature, high energy density, and low cost. According to data provided by Research and Markets, the global lithium market size was valued at USD 7.1 Billion in 2021, and is expected to reach a value of USD 15.45 Billion by 2028, with a CAGR of 11.75% over the forecast period 2022 - 2028. Foremost Lithium Resource & Technology Ltd. (CSE: FAT) (OTC: FRRSF), Patriot Battery Metals Inc. (OTC: PMETF) (TSX-V: PMET), American Lithium Corp. (NASDAQ: AMLI) (TSX-V: LI), SIGMA Lithium Corporation (NASDAQ: SGML) (TSX-V: SGML), Lithium Americas Corp. (NYSE: LAC) (TSX: LAC).

Key Points: 
  • Foremost Lithium Resource & Technology Ltd. (CSE: FAT) (OTC: FRRSF), Patriot Battery Metals Inc. (OTC: PMETF) (TSX-V: PMET), American Lithium Corp. (NASDAQ: AMLI) (TSX-V: LI), SIGMA Lithium Corporation (NASDAQ: SGML) (TSX-V: SGML), Lithium Americas Corp. (NYSE: LAC) (TSX: LAC).
  • This acquisition is consistent with our focus of acquiring quality assets near known established lithium production and processing regions.
  • Not only is Lac Simard South property in an active lithium camp with large established resources, but we will be located near Sayona's lithium concentrators and refineries.
  • "We are excited about the prospect of generating economic growth in Northern Nevada and playing a major role in the domestic lithium supply chain for electric vehicles."

Lithium Producers Play a Vital Role in the Electrification of Vehicles

Retrieved on: 
Monday, March 20, 2023
Lithium, Quartz, Lithium hydroxide, Bureau of Land Management, Bureau, Original equipment manufacturer, Bye Aerospace eFlyer 2, MTPA, SC6, Acquisition, Environment, News, NYSE, Financial News, Season, USD, Tantalum pentoxide, GM, Car, National instrument, Chairperson, TSX, Investment, LAC, LCE, International Journal of Research in Marketing, Techno-economic assessment, CSE, Bev, Share (finance), CV13, GST, Carbon, PEA, TLC, Stantec, Magnesium sulfate, Research, Lithium carbonate, RMC, Property, Geology, ASX, Foremost, BLM, Vale, Thacker Pass Lithium Mine, Mining, OTC, OTCQX, Val-d'Or, Exploration

NEW YORK, March 20, 2023 /PRNewswire/ -- The electrification of automobiles is projected to drive the lithium-ion battery market, considerably increasing demand for lithium-ion batteries in the near future. The growing awareness of the amount of carbon emissions released into the environment from automobiles, plus the recent advances made in battery technology, has helped spur the adoption of electric vehicles around the globe. This, in turn, has put the burden on manufacturers to offer electric vehicles powered by lithium-ion batteries, instead of adopting other battery alternatives due to their lightweight nature, high energy density, and low cost. According to data provided by Research and Markets, the global lithium market size was valued at USD 7.1 Billion in 2021, and is expected to reach a value of USD 15.45 Billion by 2028, with a CAGR of 11.75% over the forecast period 2022 - 2028. Foremost Lithium Resource & Technology Ltd. (CSE: FAT) (OTC: FRRSF), Patriot Battery Metals Inc. (OTC: PMETF) (TSX-V: PMET), American Lithium Corp. (NASDAQ: AMLI) (TSX-V: LI), SIGMA Lithium Corporation (NASDAQ: SGML) (TSX-V: SGML), Lithium Americas Corp. (NYSE: LAC) (TSX: LAC).

Key Points: 
  • Foremost Lithium Resource & Technology Ltd. (CSE: FAT) (OTC: FRRSF), Patriot Battery Metals Inc. (OTC: PMETF) (TSX-V: PMET), American Lithium Corp. (NASDAQ: AMLI) (TSX-V: LI), SIGMA Lithium Corporation (NASDAQ: SGML) (TSX-V: SGML), Lithium Americas Corp. (NYSE: LAC) (TSX: LAC).
  • This acquisition is consistent with our focus of acquiring quality assets near known established lithium production and processing regions.
  • Not only is Lac Simard South property in an active lithium camp with large established resources, but we will be located near Sayona's lithium concentrators and refineries.
  • "We are excited about the prospect of generating economic growth in Northern Nevada and playing a major role in the domestic lithium supply chain for electric vehicles."

North American Lithium Produces First Spodumene Concentrate as Restart Plans Advance

Retrieved on: 
Thursday, March 9, 2023
EV, Electric Vehicles, Automotive, Other Energy, Chemicals, Plastics, Manufacturing, Other Automotive, Energy, Mining, Minerals, Natural Resources, Lithium, Legislation, Australian Securities Exchange, NAL, Accident, ALL, Risk, AIM, PLL, ASX, Piedmont Lithium, Transport, LG Chem, Weather, Comment, Tesla, SC6

Piedmont Lithium Inc. (“Piedmont” or the “Company”) (Nasdaq:PLL; ASX:PLL), a leading global developer of lithium resources critical to the U.S. electric vehicle (“EV”) supply chain, today announced that its jointly-owned North American Lithium (“NAL”) project has successfully produced initial spodumene concentrate (“SC6”) as plans advance to fully restart the Quebec operation.

Key Points: 
  • Piedmont Lithium Inc. (“Piedmont” or the “Company”) (Nasdaq:PLL; ASX:PLL), a leading global developer of lithium resources critical to the U.S. electric vehicle (“EV”) supply chain, today announced that its jointly-owned North American Lithium (“NAL”) project has successfully produced initial spodumene concentrate (“SC6”) as plans advance to fully restart the Quebec operation.
  • Approximately 70 metric tons of spodumene concentrate were produced as part of commissioning with first shipment of saleable product targeted for Q3 2023.
  • Piedmont subsequently has agreements with LG Chem and Tesla to provide spodumene concentrate from NAL beginning in H2 2023.
  • Our goal is to become one of the largest lithium hydroxide producers in North America by processing spodumene concentrate produced from assets where we hold an economic interest.

Piedmont Lithium and LG Chem Sign Equity Investment and Binding Offtake Agreements

Retrieved on: 
Thursday, February 16, 2023
Automotive, General Automotive, Other Energy, Chemicals, Plastics, Alternative Energy, Manufacturing, Other Natural Resources, Energy, Mining, Minerals, Natural Resources, Lithium, Australian Securities Exchange, LG, Accident, Vaccine, Climate change, AIM, Atlantic Ocean, Legislation, PLL, Transport, LG Chem, Weather, SC6, ASX, Risk, NAL, ALL, Piedmont Lithium, Comment, Plastic, KRW, Fine chemical, Lease

■ Piedmont plans to supply a target volume of 10,000-15,000 metric tons of SC6 on a quarterly basis.

Key Points: 
  • ■ Piedmont plans to supply a target volume of 10,000-15,000 metric tons of SC6 on a quarterly basis.
  • ■ Piedmont and LG Chem may extend the term of the agreement for any number of additional years by mutual agreement.
  • ■ In consideration of LG Chem’s substantial investment, the price is subject to a discount based on the prevailing market price at a given time.
  • 1 Via its wholly owned subsidiary Piedmont Lithium International US, LLC
    View source version on businesswire.com: https://www.businesswire.com/news/home/20230216005283/en/