- FinancialNewsMedia.com News Commentary PALM BEACH, Fla., May 4, 2021 /PRNewswire/ The electric vehicles (EVs) market has shown resilience and growth even during the pandemic, in fact
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VANCOUVER, BC, April 27, 2021 /PRNewswire/ Lithium South Development Corporation (the Company ) (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) is pleased announce it is moving ahead with plans to potentially expand the current lithium resource at the Hombre Muerto North Lithium Project (HMN Li Project), located in Salta Province, Argentina.
Table 1. Hombre Muerto North Lithium Brine Resource Statement: Tonnages are rounded off to the nearest 1,000. Cutoff grade: 500 mg/L lithium, but no laboratory results were less than the cutoff grade. The conversion used to calculate the equivalents from their metal ions is based on the molar weight for the elements added to generate the equivalent. The equations are Li x 5.3228 = lithium carbonate equivalent and K x 1.907 = potassium chloride equivalent. The reader is cautioned that mineral resources are not mineral reserves and do not have demonstrated economic viability. (PRNewsfoto/Lithium South De
Why the First Quarter of 2021 Has Been Promising for Lithium Market
FinancialNewsMedia.com News Commentary
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PALM BEACH, Fla., April 27, 2021 /PRNewswire/ The first few months of the year have been bright for the lithium market, with interest in battery metals increasing as electric vehicles (EVs) take over news headlines around the world. Despite the volatility brought by the coronavirus pandemic to every market, lithium has shown resilience and prices performed on an uptrend during the first quarter. At the end of last year, the trend of declining lithium prices seemed to be coming to an end, with analysts predicting a better price environment ahead. When the year kicked off, Benchmark Mineral Intelligence was already expecting the lithium market to come into tightness in 2021. They said: But the speed of price increases in Q1 2021 was beyond expectation, with prices for lithium carbonate having nearly doubled in price since the beg