Salix alba

Closing the Gap: How North America Could Lead in Domestic Lithium Supply by 2030

Retrieved on: 
Tuesday, September 19, 2023

VANCOUVER, BC, Sept. 19, 2023 /PRNewswire/ -- USA News Group  During a panel led by leaders from the lithium and battery space at the Battery Show North America expressed optimism that North America's domestic lithium supply gap can be eliminated. Acknowledging that just a decade ago, 75% of the world's lithium came from China, Chile, and Australia, moderator James Frith of Volta Energy Technologies predicted that "By 2030" those countries' share of all supply will be less than 50%—thanks to a rapidly advancing EV market, and geopolitical and supply-efficiency pushes for more North American-based lithium supply. Among the ongoing lithium projects on the continent that are making significant advances are those from Usha Resources Ltd. (TSXV:USHA) (OTCQB:USHAF), E3 Lithium Limited (TSXV: ETL) (OTCQX: EEMMF), Allkem Limited (TSX: AKE) (OTCPK: OROCF), Livent Corporation (NYSE: LTHM), and Lithium Americas Corp. (NYSE: LAC) (TSX: LAC).

Key Points: 
  • VANCOUVER, BC, Sept. 19, 2023 /PRNewswire/ -- USA News Group During a panel led by leaders from the lithium and battery space at the Battery Show North America expressed optimism that North America's domestic lithium supply gap can be eliminated.
  • The findings thus far strongly validate our belief that Willow is a flagship asset where Ontario's next major lithium discovery will occur."
  • White Willow has quickly risen in prominence within USHA's esteemed North American portfolio, becoming the company's primary hard rock lithium asset.
  • Lithium Americas expects to begin mining in 2026, which will be after the completion of a split between its North and South American assets into two leading lithium companies.

Closing the Gap: How North America Could Lead in Domestic Lithium Supply by 2030

Retrieved on: 
Tuesday, September 19, 2023

VANCOUVER, BC, Sept. 19, 2023 /PRNewswire/ -- USA News Group  During a panel led by leaders from the lithium and battery space at the Battery Show North America expressed optimism that North America's domestic lithium supply gap can be eliminated. Acknowledging that just a decade ago, 75% of the world's lithium came from China, Chile, and Australia, moderator James Frith of Volta Energy Technologies predicted that "By 2030" those countries' share of all supply will be less than 50%—thanks to a rapidly advancing EV market, and geopolitical and supply-efficiency pushes for more North American-based lithium supply. Among the ongoing lithium projects on the continent that are making significant advances are those from Usha Resources Ltd. (TSXV:USHA) (OTCQB:USHAF), E3 Lithium Limited (TSXV: ETL) (OTCQX: EEMMF), Allkem Limited (TSX: AKE) (OTCPK: OROCF), Livent Corporation (NYSE: LTHM), and Lithium Americas Corp. (NYSE: LAC) (TSX: LAC).

Key Points: 
  • VANCOUVER, BC, Sept. 19, 2023 /PRNewswire/ -- USA News Group During a panel led by leaders from the lithium and battery space at the Battery Show North America expressed optimism that North America's domestic lithium supply gap can be eliminated.
  • The findings thus far strongly validate our belief that Willow is a flagship asset where Ontario's next major lithium discovery will occur."
  • White Willow has quickly risen in prominence within USHA's esteemed North American portfolio, becoming the company's primary hard rock lithium asset.
  • Lithium Americas expects to begin mining in 2026, which will be after the completion of a split between its North and South American assets into two leading lithium companies.

Favorable Initiatives by Various Governments a Significant Factor Driving Global Lithium Mining

Retrieved on: 
Thursday, September 14, 2023

PALM BEACH, Fla., Sept. 14, 2023 /PRNewswire/ -- The increasing consumer demand for electric vehicles creates a strong demand for lithium. A report from Future Market Insights said that the growth of the market can be attributed to the increasing demand for EVs. Lithium-ion batteries are being used in electric vehicles because of their high energy per unit mass relative to other electrical energy storage systems. Further, they also have a high power-to-weight ratio, good high-temperature performance, high energy efficiency, and low self-discharge. Moreover, players in the market are taking various initiatives to launch new products in the market which will benefit the industry during the forecast period.  The report projected that the global lithium mining market… secured US$ 1.66 Billion in 2022. From 2022-2032, the lithium mining market is projected to exhibit a CAGR of 7.43% while garnering a market value worth US$ 3.4 Billion.  The report said: "During the period ranging from 2020 to 2022, lithium mining demand prospects flourished at a stellar rate, supported by a shift in the design and advancement of battery technology. There has been rising concern about the declining availability of fossil fuels, increasing carbon emissions, and an emphasis on alternative sources of power that have been worked on for a significant tenure. This void was gradually overcome with the latest advancements and development of cutting-edge technologies to reduce the cost of vehicles. since mid-2021, leading to a resurgence in growth projections."  Active mining companies in markets include:  Usha Resources Ltd. (OTCQB: USHAF) (TSX-V: USHA), Lithium Americas Corp. (NYSE: LAC) (TSX: LAC), Sigma Lithium Corporation (NASDAQ: SGML) (TSX-V: SGML), Livent Corporation (NYSE: LTHM), Standard Lithium Ltd. (NYSE American: SLI) (TSX-V: SLI).

Key Points: 
  • The report projected that the global lithium mining market… secured US$ 1.66 Billion in 2022.
  • Future Market Insights continued: "The Asia Pacific is anticipated to yield significant growth opportunities, backed by increasing lithium production in various countries.
  • Governments across the globe are taking various initiatives to encourage the application of EVs which will benefit the market in the forecast period.
  • Additionally, favorable initiatives by the government of various countries are anticipated to be another significant factor that can drive industry growth in the forecast period (2032)."

Favorable Initiatives by Various Governments a Significant Factor Driving Global Lithium Mining

Retrieved on: 
Thursday, September 14, 2023

PALM BEACH, Fla., Sept. 14, 2023 /PRNewswire/ -- The increasing consumer demand for electric vehicles creates a strong demand for lithium. A report from Future Market Insights said that the growth of the market can be attributed to the increasing demand for EVs. Lithium-ion batteries are being used in electric vehicles because of their high energy per unit mass relative to other electrical energy storage systems. Further, they also have a high power-to-weight ratio, good high-temperature performance, high energy efficiency, and low self-discharge. Moreover, players in the market are taking various initiatives to launch new products in the market which will benefit the industry during the forecast period.  The report projected that the global lithium mining market… secured US$ 1.66 Billion in 2022. From 2022-2032, the lithium mining market is projected to exhibit a CAGR of 7.43% while garnering a market value worth US$ 3.4 Billion.  The report said: "During the period ranging from 2020 to 2022, lithium mining demand prospects flourished at a stellar rate, supported by a shift in the design and advancement of battery technology. There has been rising concern about the declining availability of fossil fuels, increasing carbon emissions, and an emphasis on alternative sources of power that have been worked on for a significant tenure. This void was gradually overcome with the latest advancements and development of cutting-edge technologies to reduce the cost of vehicles. since mid-2021, leading to a resurgence in growth projections."  Active mining companies in markets include:  Usha Resources Ltd. (OTCQB: USHAF) (TSX-V: USHA), Lithium Americas Corp. (NYSE: LAC) (TSX: LAC), Sigma Lithium Corporation (NASDAQ: SGML) (TSX-V: SGML), Livent Corporation (NYSE: LTHM), Standard Lithium Ltd. (NYSE American: SLI) (TSX-V: SLI).

Key Points: 
  • The report projected that the global lithium mining market… secured US$ 1.66 Billion in 2022.
  • Future Market Insights continued: "The Asia Pacific is anticipated to yield significant growth opportunities, backed by increasing lithium production in various countries.
  • Governments across the globe are taking various initiatives to encourage the application of EVs which will benefit the market in the forecast period.
  • Additionally, favorable initiatives by the government of various countries are anticipated to be another significant factor that can drive industry growth in the forecast period (2032)."

Usha Resources Discovers Lithium-Cesium-Tantalum System Up to 8 Kilometres in Strike at the White Willow Lithium Project, Confirms Mobilization of Rig to Jackpot Lake

Retrieved on: 
Wednesday, June 14, 2023

VANCOUVER, BC, June 14, 2023 /PRNewswire/ - Usha Resources Ltd. ("USHA" or the "Company") (TSXV: USHA) (OTCQB: USHAF) (FSE: JO0), a North American mineral acquisition and exploration company, has discovered a significant lithium-cesium-tantalum ("LCT") system at its White Willow Lithium Pegmatite Project ("White Willow" or the "Project").

Key Points: 
  • VANCOUVER, BC, June 14, 2023 /PRNewswire/ - Usha Resources Ltd. ("USHA" or the "Company") (TSXV: USHA) (OTCQB: USHAF) (FSE: JO0), a North American mineral acquisition and exploration company, has discovered a significant lithium-cesium-tantalum ("LCT") system at its White Willow Lithium Pegmatite Project ("White Willow" or the "Project").
  • "We are thrilled with the findings from this initial program at White Willow," said Deepak Varshney, CEO of Usha Resources.
  • In addition to the above, the Company has also completed a historical data compilation that also demonstrates the White Willow system is very evolved.
  • The technical content of this news release relating to the Jackpot Lake Project has been reviewed and approved by Mr. Seth Cude, P.G., CPG.

EQS-News: Usha Resources secures five more lithium pegmatite projects in Ontario

Retrieved on: 
Wednesday, May 3, 2023

Usha Resources Ltd (TSX-V: USHA; OTCQB: USHAF; FRA: JO0) continues to systematically expand its portfolio of lithium pegmatite projects in Ontario.

Key Points: 
  • Usha Resources Ltd (TSX-V: USHA; OTCQB: USHAF; FRA: JO0) continues to systematically expand its portfolio of lithium pegmatite projects in Ontario.
  • If Usha exercises the option in full for all projects, CAD 395,350 must be invested in the projects over three years.
  • Deepak Varshney, CEO of Usha Resources, explained, "Each of these properties offers the potential from a technical perspective to be the next major lithium discovery in Ontario.
  • Furthermore, there is a contractual relationship between Usha Resources and GOLDINVEST Consulting GmbH, which includes that GOLDINVEST Consulting GmbH reports about Usha Resources.

Usha Resources Provides Jackpot Lake Update and Continues to Expand Lithium Portfolio Through Acquisition; Adds Five Highly Prospective Pegmatite Projects Located in Ontario's Lithium Hotbed

Retrieved on: 
Wednesday, May 3, 2023

"We are very pleased to be able to add such quality projects to our growing portfolio of hard-rock lithium assets," said Deepak Varshney, CEO of Usha Resources.

Key Points: 
  • "We are very pleased to be able to add such quality projects to our growing portfolio of hard-rock lithium assets," said Deepak Varshney, CEO of Usha Resources.
  • "Each of these properties has the technical merit to be the next major discovery in Ontario's growing lithium hotbed.
  • USHA has optioned 5 properties totalling 13,408 hectares, bringing its lithium property portfolio in Ontario to 7 properties covering 29,088 hectares.
  • Pursuant to the Option Agreement, the Company may acquire a 100% interest in each of the "Lee Lake", "Mead", "Bluett", "Gathering Lake" and "Triangle Lake" Projects by paying the consideration outlined in the table below:

WishGarden Herbs Releases Two New Herbal Liquid Extracts Targeting Recovery

Retrieved on: 
Thursday, March 3, 2022

LOUISVILLE, Colo., March 3, 2022 /PRNewswire/ -- WishGarden Herbs, Inc ., one of North America's leading providers of liquid herbal extracts, announced today that it has released two new artisanal formulas: Exercise & Revive Recovery Aid and Party Prep, For A Better Morning After.

Key Points: 
  • LOUISVILLE, Colo., March 3, 2022 /PRNewswire/ -- WishGarden Herbs, Inc ., one of North America's leading providers of liquid herbal extracts, announced today that it has released two new artisanal formulas: Exercise & Revive Recovery Aid and Party Prep, For A Better Morning After.
  • WishGarden Herbs Releases Two Herbal Liquid Extracts Targeting Recovery; adds Prickly Pear and Turmeric to its tinctures
    WishGarden also introduced four herbs into its stable of powerfully effective herbs: Prickly Pear fruit, Japanese Raisin seed, Turmeric root, and Chicory root.
  • Whether it's having optimal recovery after a strenuous workout or getting right back into the groove after a night out on the town," said Sindy Wise, WishGarden Herbs' Vice President of Business Development.
  • WishGarden Herbs is a woman-owned, multi-generational company committed to providing artful whole herb liquid extracts that are fast-acting, effective and gentle on the body.