Lithium Corp Stock News

Electric Vehicle sales went up to 6.6million units, globally in 2021, even as it was faced with challenging supply chain bottlenecks, the latest International Energy Agency report indicates. This result, according to the agency, represents close to 9 percent of the global car market and more than tripling their market share from the last two years. However, the success of electric vehicles has been hampered by a lack of component supplies and rising bulk material prices, putting supply-side concerns at the forefront of government and business agendas. “In 2021, the price of steel skyrocketed by as much as 100 per cent, aluminum around 70 per cent, and copper by more than 33 per cent, affecting both conventional and electric cars.” Although, higher pricing for materials used to create batteries posed further obstacles for electric vehicles. “To mention a few, the price of lithium carbonate grew by 150 per cent year on year, graphite by 15 per cent, and nickel by 25 per cent,” the report stated.

How Many Reasons To Be Miserable About Markets Do You Need? Authored by Bill Blain via MorningPorridge.com, “The roses in the window box have tilted to one side….” It’s going to be a testing week for markets as a whole slew of negatives, challenges and no-see-ums threaten to overturn everything. It couldn’t look worse… unless of course you remember my key market mantra (read on), and that the sun usually comes up tomorrow. Happy Valentines.. It might be Valentines love and joy all-round today, but it feels this is going to be a critical, ( insert nervous-sounding adjective of your choice ), week for markets. Not only is World War 3 apparently nailed on to interrupt Breakfast on Wednesday morning – according to whatever hysterical politician you listen to – but we’ve got a market set for a massive tumble on the back of (take your pick of the following ingredients): Commodities squeeze and empty inventories as backwardation in futures suggest long-term dislocation. The possibility the current Inflation meteor shower (will explain below..) morphs into a fully destructive Strike!

Visualizing The Growth Of Lithium Production By Country Lithium is often dubbed as white gold for the development of electric vehicles. With several countries committed to phasing out new gasoline and diesel engine vehicles by 2040, the recent growth in electric vehicle (EV) adoption has fueled a global boom in lithium production. For that reason, as Visual Capitalist explains below, lithium production more than doubled between 2016 and 2020, up from 40,000 tonnes to 86,300 tonnes . The above infographic from our sponsor Scotch Creek Ventures charts 25 years of lithium production by country from 1995 to 2020. A Brief History of Lithium Mining Countries began producing significant amounts of lithium after World War II, with annual production averaging 5,000 tonnes between 1955 and 1980. The U.S. was by far the largest lithium producer until 1995, followed by Zimbabwe and Australia. From 1995 to 2010, Chile took over as the dominant producer with a lithium mining boom in the Salar de Atacama, the countrys largest salt flat.

Chinese companies came to dominate mining and processing of increasingly important resources as Western firms ceded ground over the last decade or so, particularly in Africa.

Lithiums vital role in electric-vehicle batteries means automakers, miners and investors are racing to figure out how much

(Kitco News) - The plant will produce high purity chemicals containing lithium, nickel, cobalt, manganese and other metals used for electric vehicles and renewable energy.

SHANGHAI, Feb 10 (SMM) - The United States Geological Survey (USGS) released preliminary statistics on the production of lithium and cobalt at global mines in 2021.

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