Lithium Stock News

Citigroup analysts raised their forecast for lithium prices to $60K/metric ton for battery-grade carbonate, on the back of higher electric vehicle production and sales expectations…

NEW YORK , Feb. 9, 2022 /PRNewswire/ -- Lithium-ion batteries are heavily adopted due to their compact size, rechargeability, recyclability and high-density energy output. As a result, such batteries are heavily used in electric vehicles (EVs). Nowadays, many car manufacturers are venturing into battery manufacturing, like BMW Group for example, which has signed an agreement with Ganfeng Lithium, a lithium extracting company in China , for supplying LiOH for battery cells owing to the rising penetration of EVs. Geographically, the Asia Pacific region dominated the market as it held the largest volume share of 56.3% in 2020 owing to the rapidly developing automotive, glass, and consumer goods industries in countries such as China , Japan , South Korea , and India . Foremost Lithium Resource & Technology Ltd. (CSE: FAT ) (OTC: FRRSF ), Snow Lake Resources Ltd. (NASDAQ: LITM ), Fisker Inc. (NYSE: FSR ), QuantumScape Corporation (NYSE: QS ), Standard Lithium Ltd. (NYSE: SLI ) According to data provided by Allied Market Research, the global electric vehicle market was valued at USD 162.34 Billion in 2019, and is projected to reach USD 802.81 Billion by 2027 while registering a CAGR of 22.6%.

Labour shortages at West Australian mines contribute to rise but some analysts urge caution to investors Download the free Guardian app ; get our morning email briefing Lithium prices have gone ballistic as surging electric vehicles sales worldwide create massive demand for the critical component of lithium-ion batteries. According to figures from Benchmark Mineral Intelligence (BMI), the price of the lithium-rich raw material spodumene rose 478.3% between January 2021 and January 2022. Continue reading

On CNBC’s “ Halftime Report Final Trades ,” Bryn Talkington of Requisite Capital Management named Global X Lithium & Battery Tech ETF (NYSE: LIT ) as her pick. “LIT is about 20% off its highs of $97. There’s a structural demand supply imbalance in both lithium … Full story available on Benzinga.com

Vancouver, Canada TheNewswire - February 7 th , 2022 Arbor Metals Corp . (the Company ) (TSXV:ABR ) , ( FWB:432) has expanded its property holdings with the staking of 74 additional unpatented mineral claims comprising approximately 1,480 acres, at its Millers Crossing lithium project (the Project ), located in the Big Smoky Valley, Nevada, United States. The claims are interpreted to be prospective for lithium clay and claystone mineralization and were acquired following a review of a commissioned satellite imagery survey, and a site visit by the Companys consultants, Advanced Surveying and Professional Services. The Miller Crossing property now comprises 194 claims (3,880 acres). Significant concentrations of lithium (and other metals) in clays or claystone in closed basins have long been known and explored in many parts of the world. Within a 40-kilometre radius of the Miller''s Crossing project, seven companies are exploring and advancing lithium claystone projects. Located 18 kilometres to the east, America Lithium''s TLC project located in the Big Smoky Valley basin has established a resource in claystone in the richly mineralized Esmeralda lithium district.

Red Dirt Metals Limited (ASX:RDT) receives first batch of assays from a maiden drilling program at its Mt Ida lithium project in Western Australia.

NEW YORK , Feb. 7, 2022 /PRNewswire/ -- The Lithium Market Sourcing and Intelligence Report, provides key information about the market. For instance, the Lithium Market will grow at a CAGR of 4.52% by 2024. Key Players in the Lithium Market Sourcing and Procurement Market Include: Merck KGaA, Orocobre Ltd., and Rio Tinto plc Get a detailed competitor analysis on our sample report : Download Now Lithium Market Sourcing and Procurement Market Analysis Analysis of the cost and volume drivers and supply market forecasts in various regions are offered in this Lithium Market Sourcing and Procurement research report. This market intelligence report also analyzes the top supply markets and the critical cost drivers that can aid buyers and suppliers devise a cost-effective category management strategy. Get a FREE sample report to know more Insights Delivered into the Lithium Full story available on Benzinga.com

The electric vehicle revolution is fully underway. Led by successful vehicles like the Tesla Model 3, which are compelling alternatives to comparable internal combustion cars, EV sales are taking off. The momentum of EVs as a whole may hit some challenges soon, however, partly due to the rising prices of raw materials that are critical

More than 6.36 million electric vehicles were sold last year globally compared with 3.10 million in 2020.

(Kitco News) - Russia''s Gazprom, the world''s leading gas producer, announced yesterday that it has signed a set of documents aimed at implementing the project for the production and processing of formation brines (saline groundwaters) from the Kovyktinskoye field of Gazprom in order to obtain lithium compounds and other valuable components.

Tech Bounces Back - But For How Long? Authored by Bill Blain via MorningPorridge.com, “If I’m selling a Tesla, then of course it’s a better car” A bounce back rally is underway – but its reactive, based on the hopes of “buy-the-dippers”, and the fundamentals haven’t changed. Many weakening Tech stocks are seeing their foundations exposed as built on sand. The Bounce Back Rally So much to think about in terms of markets this morning. It feels like time to play a tactical game as the bounce back recovery rally I predicted last month, (which I suggested will occur for all the wrong reasons), is underway. A whole bunch of improbable stocks like Tesla, and current-story stocks like Spotify surged on the back of immediate reactions to news and events. The questions for markets are simple: is this a new up-wave in the remorseless tide of ever higher Tech valuations, have valuations changed, have the underlying market fundamentals swung back in favour, or is this a dead-cat Tech bounce before the brutal reality of a changed market base again bites expectations..?

The energy transition is driving the next commodity supercycle, with immense prospects for technology manufacturers, energy traders, and investors. Clean energy technologies require more metals than their fossil fuel-based counterparts, with prices of green metals projected to reach historical peaks for an unprecedented, sustained period in a net-zero emissions scenario. After surging 500% over the past year, lithium prices have continued their meteoric rise in China, with Chinese lithium carbonate prices climbing 35% month-on-month thanks to a…

Lithium stocks have become increasingly popular over the years as the electric vehicle trend has really taken off. One top analyst is growing more bullish on two of these stocks.

Mineral Resources says its pivot back towards lithium is in full flight, as rapidly falling prices and Western Australias labour shortages hit its iron-ore operations.

Lithium prices are poised to keep rising after a nearly 300% gain in 2021 as battery demand surges on the heels of electric vehicle adoption.