Lithium Corp Stock News

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…

Galileo has been granted an option to acquire a 51% stake in the Kamativi lithium project and the Bulawayo gold project Galileo Resources PLC (AIM:GLR) said it has been granted an option to… The post Galileo Resources to enter Zimbabwe after signing option to earn 51% stake in lithium and gold projects appeared first on theZimbabweNewsLive .

As soaring global demand for lithium shows no signs of abating amid a global shift to battery-powered vehicles to reduce carbon emissions, the acceleration of lithium mining and extraction in China is of keen interest to industry representatives at the “two sessions” policy-setting gatherings in Beijing.Jiang Weiping, chairman of Tianqi Lithium, a leading lithium miner and products maker in China, suggested that the country expedite the extraction of lithium resources in southwestern Sichuan…

(Kitco News) - This is why lithium skyrocketed 10x over two years and is critical to national security

Both lithium and charging stocks give you exposure to the electric vehicle industry, but one faces stiffer competition than the other.

Piedmont welcomes JV partner Sayona’s doubled resource base in Quebec Eastern Metals nabs the Neutral Junction project in the NT … Read More The post Eye on Lithium: Lithium prices hit another record, show no sign of slowing down appeared first on Stockhead .

SQM reported triple-digit earnings and sales growth and sees strong pricing continuing.

Sociedad Quimica yMinera de Chile SQM jumps at the open after reporting better than expected Q4 earnings and revenues, as it topped its target to sell ~100K metric tons of lithium…