Demand Climbs as Global Lithium Market Size Expected to Reach $9.03 Billion in 2024EQNX::TICKER_START (OTCQB:LISMF),(TSXV:LIS),(
NYSELAAC),
NYSE:SLINYSESLI)
(NASDAQ:AMLINASDAQAMLI
,(NYSE:ALTMNYSE
) EQNX::TICKER_END
The Lithium Mega Bull Market Is Back OnAfter facing a downturn for several months, the lithium price is rebounding and signaling the next leg of the mega bull run. The spot price has experienced a meaningful jump in the last four weeks and will likely continue to rise due to rising demand from the electric vehicle (EV) market, the growing supply shortage … Continue reading "The Lithium Mega Bull Market Is Back On"
Demand Climbs as Global Lithium Market Size Expected to Reach $9.03 Billion in 2024PALM BEACH, Fla., April 02, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - Experts see that all indications are that the Lithium market will continue to rise past 2030. A report from Grand View Research said that revenues will reach USD 9.03 billion in 2024 and the Increasing investments in EV manufacturing across the world are expected to positively influence the growth of the lithium market over the forecast period (2024 to 2030). The report continued: “U.S. holds major significance in battery production after China, which makes it one of the key lithium-consuming countries in the world. The country has huge reserves of this important metal. According to USGS, lithium resources from brines and minerals accounted for 7.9 million tons in U.S., in 2022. Market players in U.S. are focusing on getting a hold on the battery supply chain due to increasing production of EVs in the country and as transportation of batteries is dangerous. In 2018, Interior Department listed lithium as a critical mineral, which paced up the mine permitting process. In January 2021, the Bureau of Land Management approved Thacker Pass Mine proposed by Lithium Nevada Corporation. This mine is believed to serve as the largest source of commodity supply in U.S. and is expected to be able to produce about 60 kilotons of battery-grade carbonate by 2026.” Active mining stocks in the markets this week include: Lithium South Development Corporation (OTCQB: LISMF) (TSX-V: LIS), Lithium Americas (Argentina) Corp. (
NYSELAAC) (TSX: LAAC), Standard Lithium Ltd. (NYSE American: SLI) (TSX-V: SLI), American Lithium Corp.
NASDAQ: AMLINASDAQAMLI)
(NYSE: ALTMNYSEALTM
. Victory Battery Metals Expands Its Smokey Lithium Claims Total By 100, Interests Now Expand Over 2066 Acres ($VRCFF)Victory Battery Metals Corp (OTC Pink: VRCFF) shares present a compelling value investment opportunity at current penny stock levels. And not just on blue-sky potential. VRCFF stock is worthy of consideration based on its intrinsic asset portfolio, which has just become more potent. On Monday, Victory announced expanding its interest at Smokey Lithium after a preliminary analysis of its recently completed drill program revealed significant untapped potential. The expansion adds another 100 claims to its interests and expands its reach to cover 2066 acres. There's better news.
American Lithium files TLC PEA Report Highlighting Potential for Excellent Project Economics PFS for TLC immediately Launched with DRA Global; Bulk Sampling CommencedVANCOUVER, BRITISH COLUMBIA, March 20, 2023 – American Lithium Corp. (“American Lithium” or the “Company”) (TSXV:LI | NASDAQ:AMLI | Frankfurt:5LA1) announces it has filed an independent National Instrument 43-101 Technical Report (the “Report”) on the Preliminary Economic Assessment (“PEA”) for the Tonopah Lithium Claims (“TLC”) project located in the Esmerelda lithium district northwest of Tonopah, Nevada. … Continue reading "American Lithium files TLC PEA Report Highlighting Potential for Excellent Project Economics PFS for TLC immediately Launched with DRA Global; Bulk Sampling Commenced"
Global Lithium Market Size Expected to See Strong Growth In Next Few Years Growing to $10.44 Billion In 2028PALM BEACH, Fla., Jan. 11, 2024 (GLOBE NEWSWIRE) -- FN Media Group News Commentary - The global lithium market size has grown strongly in recent years. According to a report from The Business Research Company, it will grow from $6.29 billion in 2023 to $6.92 billion in 2024 at a compound annual growth rate (CAGR) of 9.9%. South America was the largest region in the lithium market in 2023. The growth in the historic period can be attributed to the consumer electronics boom, portable electronics growth, renewable energy storage, and lithium-ion battery advancements. The global lithium market size is expected to see strongly grown in the next few years. It will grow to $10.44 billion in 2028 at a compound annual growth rate (CAGR) of 10.8%. The report added: “The growth in the forecast period can be attributed to continued growth in electric vehicles, renewable energy expansion, government initiatives and incentives, smart grid development, and increasing energy storage capacity. Major trends in the forecast period include advancements in lithium technologies, solid-state lithium batteries, diversification of lithium sources, integration of lithium in aerospace, and decentralized energy solutions. An increase in smartphone adoption is expected to propel the growth of the lithium market going forward. A smartphone refers to a cellular phone with a built-in computer and other functionality not previously present in phones, such as an operating system (OS), web browsing, and the ability to run software programs. Smartphones play a significant role in the lithium market by driving demand for lithium-ion batteries, which are essential for these devices, contributing to the growth of the lithium industry… Therefore, the increase in smartphone adoption is driving the growth of the lithium market. Active mining stocks in the markets this week include: Lithium South Development Corporation (OTCQB: LISMF) (TSX-V: LIS), Livent Corporation (
NYSELTHM), American Lithium Corp.
NASDAQ: AMLINASDAQAMLI)
(NYSE: LAACNYSELAAC
(TSX: LAAC), Sigma Lithium Corporation (NASDAQ: SGMLNASDAQ
) (TSX-V: SGML).
American Lithium Reports Vehicle Accident Near Company Project in PeruVANCOUVER, BRITISH COLUMBIA, April 25, 2023 – American Lithium Corp. (“American Lithium” or the “Company”) (TSXV:LI | NASDAQ:AMLI | Frankfurt:5LA1) regrets to report that a single vehicle accident involving a Company owned vehicle occurred near the Company’s project site in Southern Peru resulting in the death of a local passenger and injury to two Company employees. … Continue reading "American Lithium Reports Vehicle Accident Near Company Project in Peru"
American Lithium Receives First of 3 Drill Permits to Commence Additional Development and Discovery Drilling at and around Falchani PeruVANCOUVER, BRITISH COLUMBIA, May 8, 2023 – American Lithium Corp. (“American Lithium” or the “Company”) (TSXV:LI | NASDAQ:AMLI | Frankfurt:5LA1) is pleased to announce receipt of the first of three permits from Peruvian authorities for drilling near Quelcaya, 5-6 kms west of the Company’s Falchani deposit, and drilling will start immediately. Simon Clarke, CEO of American … Continue reading "American Lithium Receives First of 3 Drill Permits to Commence Additional Development and Discovery Drilling at and around Falchani Peru"
Why Rising Lithium Demand May Exceed Lithium Production this Year Creating an Opportunity for MinersPalm Beach, FL – September 21, 2023 – FinancialNewsMedia.com News Commentary – Global lithium demand is expected to outmatch lithium production this year, which should spur mining and revenues in the market. Electrification of vehicles is projected to attract a significant volume of lithium-ion batteries, thus anticipated to drive the market over the forecast period. The automotive […]
American Lithium Announces Financial Highlights for Year Ended February 28, 2023 and Operating Highlights for the QuarterVANCOUVER, BRITISH COLUMBIA, June 2, 2023 – American Lithium Corp. (“American Lithium” or the “Company”) (TSXV:LI | NASDAQ:AMLI | Frankfurt:5LA1) is pleased to provide financial highlights for the fiscal year ended February 28, 2023 and operating highlights from the quarter ended February 28, 2023. Unless otherwise stated, all amounts presented are in Canadian dollars. “This was … Continue reading "American Lithium Announces Financial Highlights for Year Ended February 28, 2023 and Operating Highlights for the Quarter"
Victory Battery Metals Expedites Exploration By Leveraging Asset Rich Portfolio In Mining-Friendly Lithium Mining Jurisdictions ($VRCFF)Victory Battery Metals Corp's (OTC Pink: VRCFF) share price could be exposing a significant investment opportunity. And here's what supports that proposition: VRCFF is thinly traded, has a considerable asset portfolio developing promising properties in mining-friendly jurisdictions, and has just advanced one of its projects from early to advanced stage exploration status. In other words, its roughly $0.05 stock price on Wednesday may be neglecting considerable intrinsic and inherent value. That's not necessarily bad news- those types of valuation disconnects best expose opportunities.
Victory Battery Metals’ Multiple Exploration Projects in Mining-Friendly North American Jurisdictions Expose a Price to Assets Disconnect ($VRCFF)Churning around the $0.05 level, thinly traded Victory Battery Metals Corp (OTC Pink: VRCFF) stock presents not only an attractive investment proposition; it exposes a compelling one. In fact, using any fair-value calculation factoring in the totality of assets, it's fair to suggest that VRCFF's current share price doesn't provide valuation justice to the fact that this company is exploring significant assets on proven grounds, sitting atop potentially billions in battery metal reserves, and has completed recent capital raises to expedite its ambitious 2023 exploration agenda.
Is American Lithium a Safe Bet as Demand for Lithium SoarsMany investors are looking at lithium stocks and American Lithium offers investors a home-field advantage that may be the key to its success.
GM and Lithium Americas Strike $650M Deal to Develop Largest Known Lithium Mine in the USGeneral Motors just announced that it will invest $650 million in Lithium Americas (TSX:LAC) (
NYSELAC) to secure access to lithium, a critical component of electric vehicle (EV) batteries. The two companies said it is the largest expenditure a carmaker has ever made to procure raw materials for batteries. When the lithium from the Thacker Pass … Continue reading "GM and Lithium Americas Strike $650M Deal to Develop Largest Known Lithium Mine in the US"
Global Lithium Mining Revenues To Attain $3.1 Billion By 2031 as Battery Manufacturing Anticipated To Hold Strong PositionPalm Beach, FL – May 25, 2023 – FinancialNewsMedia.com News Commentary – 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 […]
Automobile Manufacturers Are Ramping Up Efforts to Get Battery Raw MaterialsIncreasing global demand for electric vehicles (EVs) is driving carmakers like Tesla and Mercedes to increase their efforts to source raw materials needed to manufacture batteries. Tesla has inked several supply deals to nickel and lithium supply, including with Australia’s BHP Group and Core Lithium and China’s Ganfeng Lithium. Tesla supplier Panasonic Holdings has also … Continue reading "Automobile Manufacturers Are Ramping Up Efforts to Get Battery Raw Materials"
India Plans to Auction Newly Discovered 5.9 Mt Lithium ResourceAs the world hunts for more lithium supply, several new contenders are entering the race. Last month, India became an unlikely participant after discovering a lithium block with an estimated 5.9 million tonnes of lithium. However, just one month later, India has announced its plans to auction off the lithium block. The deposit, which is … Continue reading "India Plans to Auction Newly Discovered 5.9 Mt Lithium Resource"
