Lithium producers grow bullish as EV revolution turbocharges demand mining.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mining.com Daily Mail and Mail on Sunday newspapers.
How the Pilbara (ASX: PLS) share price outshone its lithium peers today
How the Pilbara (ASX: PLS) share price outshone its lithium peers today
The Pilbara (ASX: PLS) share price soared 10% today, leading ASX lithium shares after the miner announced exceptional drilling results.
Kerry Sun is a site writer at The Motley Fool Australia. He holds a Bachelor of Commerce, majoring in Finance and Economics. Kerry started his investing and trading journey back in 2014, riding the highs of A2 Milk and lows of Slater and Gordon. Kerry takes a techno-fundamental view on stocks, understanding the importance of sound fundamentals supported by a strong technical chart. Current sectors of interest include US sports betting, rare earths, lithium and BNPL.
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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
Will Lithium Price Rebound Stick? streetwisereports.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetwisereports.com Daily Mail and Mail on Sunday newspapers.
Lithium ETFs Strengthen after Orocobre Acquires Galaxy Resources April 20, 2021
A lithium sector-specific exchange traded fund jumped on Monday after Orocobre Ltd. (ORL) agreed to acquire rival Australian miner Galaxy Resources Ltd. (GXY) in an all-stock deal.
Among the better performing non-leveraged ETFs of Monday, the
Meanwhile, Orocobre Limited shares jumped 8.4% and Galaxy Resources Limited shares rose 3.4%. LIT includes a 1.1% position in ORL and 0.8% in GXY.
Orocobre’s buyout of Galaxy Resources would create a $3 billion miner and one of the world’s biggest producers of lithium, which is commonly used in batteries for electric vehicles and other high-tech products, the Wall Street Journal reports.