Lithium Corp Stock News

A microcap lithium stock surged Wednesday as a phony press release started making the rounds among traders. What Happened: Lithium Corporation (OTCQB: LTUM) spiked from around 29 cents per share to $1

Sigma Lithium Corporation (SGML) Q4 2021 Results - Earnings Call Transcript

Mexico cannot give up oil until it kickstarts its lithium production, President Andres Manuel Lopez Obrador told media this week, referring to planned reforms that include the nationalization of lithium production. "The reform establishes that the nation take advantage of its lithium [reserves] as a strategic mineral for the country''s development," Lopez Obrador said as quoted by BNAmericas. "It will not be possible to replace oil if there is no development of lithium [to support] alternative energy generation." The lithium concession…

EVs aren’t the only factor driving cobalt demand. Bottlenecks at South African ports and the aerospace sector are playing a role too. We look at the markets for lithium and cobalt.

NEW YORK , March 15, 2022 /PRNewswire/ -- Lithium prices are on the rise as a result of tight supply and strong, growing demand in China . According to data published by metal.com, the SMM spot prices of domestic battery-grade lithium carbonate gained 2,000 yuan /mt to 497,000- 505,000 yuan /mt on March 10th . Since the beginning of the year, the average spot price of domestic battery-grade lithium carbonate has increased by 223,000 yuan /mt or 80.22%. In the meantime, the U.S. is racing to reduce its rare earth dependence on China . "With the global lithium-ion battery market expected to grow rapidly over the next decade, DOE is making it possible for the United States to be prepared for market demand," the Department of Energy said last month. "Responsible and sustainable domestic sourcing of the critical materials used to make lithium-ion batteries — such as lithium, cobalt, nickel, and graphite — will help close the gap in supply chain disruptions and accelerate battery production in America." Foremost Lithium Resource & Technology Ltd. (CSE: FAT ) (OTC: FRRSF ), Piedmont Lithium Inc. (NASDAQ: PLL ), Livent Corporation (NYSE: LTHM ), Albemarle Corporation (NYSE: ALB ), QuantumScape Corporation (NYSE: QS ) Additionally, the growing awareness about the amount of carbon emissions released into the environment from automobiles has helped spur the adoption of electric vehicles around the globe.

Europe Energy Independence Is Impossible with The Current Policies Authored by Daniel Lacalle, Europe is not going to achieve a competitive energy transition with the current interventionist policies. Europe does not depend on Russian gas due to a coincidence , but because of a chain of mistaken policies. Banning nuclear in Germany, prohibiting the development of domestic natural gas resources throughout the European Union, added to a massive and expensive renewable roll-out without building a reliable back-up. Solar and wind do not reduce dependency on Russian natural gas. They are necessary but volatile and intermittent. They need back-up for security of supply from nuclear, hydro, and natural gas. Dependency rises in periods of low wind and little sun, just when prices are highest. “Solar goes to zero for twelve hours a day, and that is guaranteed. The wind blows sometimes, and sometimes it does not, also guaranteed. They both depend on weather, which is 100% out of human control. They are on their best day a supplement” wrote a Navy pilot follower.

This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Last week Tesla (NASDAQ: TSLA ) entered into an agreement with a lithium producer over a term of four years. Core Lithium is an Australian company that will supply the electric carmaker with almost 110,000 tons of lithium spodumene. These transactions come at a time when battery metals such as nickel, lithium and cobalt are facing a… Read More>> About Green Car Stocks Green Car Stocks (GCS) is a specialized communications platform with a focus on electric vehicles (EV), as well as other emerging market opportunities … Full story available on Benzinga.com

The Organisation of Petroleum Exporting Countries (OPEC) yesterday said the war between Russia and Ukraine has frightened investors from the oil and gas industry and also rattled commodity market. Speaking at the Nigeria Energy Forum (CERA Week 2022 Agenda, OPEC Secretary General, Dr. Sanusi Barkindo, noted that the war has had an adverse effects on the energy market and also resulted in high level of volatility. The theme of the session was: “Oil and Gas Investments: The future of fossil fuels amid the quest for decarbonisation.” His words: “Of course, over the past 10 days or so, we have seen escalating geo-political tensions, which are still unfolding and having adverse effects on energy markets across the world, resulting in heightened levels of volatility. “The tensions have spooked investors and rattled commodity markets. We recognise this and are following developments very closely. As an energy producing and exporting organisation, we remain fully focused on maintaining a steady flow of precious energy supplies to consumers.” According to him, the organisation hoped that all parties involved could reach positive outcomes that would be acceptable to all.

Energizer Holdings with ticker code (ENR) now have 9 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The target price ranges between 55 and 34 with the average target price sitting at 44.11. Given that the stocks previous close was at 30.2 this now indicates there is a potential upside of 46.1%. There is a 50 day moving average of 36.95 and the 200 day moving average is 39.43. The market capitalisation for the company is $2,130m. Visit the company website at: https://www.energizerholdings.com [stock_market_widget type="chart" template="basic" color="green" assets=ENR" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $3,112m based on the market concensus. Energizer Holdings, together with its subsidiaries, manufactures, markets, and distributes household batteries, specialty batteries, and lighting products worldwide. It offers lithium, alkaline, carbon zinc, nickel metal hydride, zinc air, and silver oxide batteries under the Energizer and Eveready brands, as well as primary, rechargeable, specialty, and hearing aid batteries.

Phase 3 geochemical reconnaissance sampling of ultrafine soil within the Bridgetown East nickel-copper-PGE (platinum group elements) project in Western Australia’s southwest region has discovered a strong lithium anomaly for owner Venus Metals Corporation (ASX: VMC). The anomaly sits southeast of the company’s Greenbushes mine and measures approximately 300 metres x 400m, remaining open to the […] The post Venus Metals identifies strong lithium anomaly at Bridgetown East nickel-copper-PGE project appeared first on Small Caps .

U.S. automotive giant General Motors (GM) and South Korea''s Posco Chemical have announced plans to build a plant in Quebec that will produce the materials needed for electric vehicle (EV) batteries. The companies said the new facility, to be based in Becancour, Quebec, will cost $400 million U.S. It will produce cathode active materials (CAM) for GM’s Ultium EV batteries and will be a standalone factory. The materials developed in Quebec will be moved to Ultium plants in the U.S. where the battery cells will then be made by General Motors and Posco Chemical. General Motors said in a news release that CAM consists of processed nickel, lithium and other materials, and will ultimately help power electric vehicles such as the Chevrolet Silverado EV and GMC Hummer EV. CAM represents almost 40% of the cost of every electric vehicle battery. Site preparation and construction are scheduled to begin immediately and will create around 200 jobs in Quebec. The Quebec announcement comes after GM and Posco agreed to form a CAM processing joint venture last December and build a factory in North America.

VAL-D''OR, QC , March 8, 2022 /CNW Telbec/ - Vision Lithium Inc. (TSXV: VLI ) (OTCQB: ABEPF ) (FSE: 1AJ2) (the " Company " or " Vision Lithium ") is pleased to announce the arm''s length acquisition (the " Transaction ") of a 100% undivided interest in 40 contiguous mining claims in the province of Quebec, Canada , which, together with an additional 31 claims staked by the Company, will be collectively referred to as the Decelles property (the " Property "). The Transaction was completed pursuant to the terms and conditions of a definitive property purchase agreement (" Purchase Agreement ") entered into between the Company, as purchaser, and Michèle Richard and Gabriel Béland, as vendors. Pursuant to the Purchase Agreement, Vision Lithium will pay to the vendors aggregate cash consideration of $10,000 , issue a total of 250,000 common shares of the Company (the " Shares "), and will grant the vendors a 2% net smelter return royalty on the claims comprising the Property acquired from the vendors, one-half of which may be repurchased by the Company for $250,000 (the " NSR Royalty ").

Surging raw materials costs, made worse by Russia’s invasion of Ukraine, could set back the dream of Tesla Chief Executive Elon Musk and other auto executives to roll out more affordable electric vehicles.Rising prices of nickel, lithium and other materials threaten to slow and even temporarily reverse the long-term trend of falling costs of batteries, the most expensive part of EVs, hampering the broader adoption of the technology, said Gregory Miller, an analyst at industry forecaster…

Lithium names fell in Monday''s trading after Chile''s constituent assembly, in charge of writing the country''s new Constitution, approved an early-stage proposal that would open the door…