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What can the surging lithium sector tell us about the Afterpay (ASX:APT) share price?


What can the surging lithium sector tell us about the Afterpay (ASX:APT) share price?
What can the surging lithium sector tell us about the Afterpay (ASX:APT) share price?
A white metal used to make batteries and a platform used to pay in instalments. What could they possibly have in common?
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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Sayona Mining Ltd (ASX:SYA) Drilling Underway at Authier Project - ABN Newswire (@ABN_Newswire)


Sayona Mining Ltd (ASX:SYA) Drilling Underway at Authier Project
  
Drilling Underway at Authier ProjectBrisbane, June 2, 2021 AEST (ABN Newswire) - Emerging lithium producer Sayona Mining Limited (
OTCMKTS:DMNXF) is advancing its clean energy assets in Canada and Western Australia, amid the increasingly rapid growth of the electric vehicle (EV) and battery sector.
In Quebec, a new drilling campaign is underway at the Company s flagship Authier Lithium Project, with a goal of expanding the current ore resources, improving the strip ratio and accelerating production to enhance its profitability. Some 31 drill holes are planned for a total of approximately 4,500m of diamond drilling, with drilling expected to take around 10 weeks. ....

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Global Lithium Market 2020-2024: Market is Poised to Grow by 55.66 Thousand Metric Tonnes – ResearchAndMarkets.com


ResearchAndMarkets.com’s offering.
The lithium market is poised to grow by 55.66 th MT during 2020-2024 progressing at a CAGR of 11% during the forecast period.
The market is driven by the surge in demand from diversified applications, rise in demand from developing countries and increased demand from the EVs industry.
The report on lithium market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors. The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The lithium market analysis includes application segment and geographical landscapes. ....

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Australian lithium miners break out of doldrums as EV demand booms


Producers are now watching for market signals to restart production shuttered when prices were low, they said.
Pilbara Minerals and Galaxy Resources on Thursday reported record shipments for the three months ended on Dec. 31 because of high demand and cited an uplift in lithium chemicals pricing in China in December benefiting sales.
Pilbara said the trend has continued into 2021, adding that it expects spodumene concentrate’s prices will rally in the second half as the lithium ore mineral is a key ingredient for EV batteries.
Galaxy said it was sold out of spodumene for the quarter and would wait before agreeing on the pricing for the next three months because it expected prices would continue to climb. ....

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