Lithium market small but complex
Every junior commodity market has its share of pretenders to go along with the contenders as prices and demand move up.
Every junior commodity market has its share of pretenders to go along with the contenders as prices and demand move up.
It's being called 'Silver Petroleum' and car manufacturers are scrambling to get hold of it.
Spectral Evolution’s oreXpress™ spectrometer with EZ-ID software can provide critical real-time mineral identification for key pathfinder minerals in lithium exploration including lepidolite and spodumene
Synergy Resource Capital is pleased to announce that it has successfully identified a lithium project in Argentina for Millennial Lithium, a publicly listed company trading in the TSX Venture Exchange.
Although the price trajectory of the metal has been subdued in recent months, the fundamentals behind the long-term trajectory suggest strong potential for long-term growth.
Lithium prices have soared in the past year, and demand is set to outstrip supply by 2023.
The Corporation intends to use the net proceeds of the Offering for engineering fees in relation to the Whabouchi Mine and concentrator and the Shawinigan hydromet plant, down-payments for long lead items, drilling and for general working capital purposes.
Just a few years ago, we would have scoffed at the idea that electric vehicles could be mainstream anytime soon, or that the global appetite for lithium-ion batteries and mass power storage would be so voracious, and so sudden.
Eye-catching lithium discoveries don’t happen every day. When they do, little-known lithium explorers can suddenly find themselves in the investment spotlight.
The extent to which the lithium market will grow is contested, but market trends indicate that lithium will be an increasingly profitable sector within mining in the next five years.