Bradda Head Lithium exceeds targets, secures US$3 million royalty and moves closer to production Bradda Head Lithium (AIM:BHL, TSXV:BHLI), is a North America-focused lithium development group with assets across the lithium mineralisation spectrum including sedimentary, pegmatite and brine opportunities. Watch the video here ▶ https://lnkd.in/eujX2HQP The company has beaten its target 43-101 Resource of 2.5mt of Lithium Carbonate equivalent following the completion of its latest drilling programme at Basin in Arizona, which qualifies it for a US$3 million royalty payment as per its contract with Lithium Royalty Company ‘LRC.’ Ian Stalker, Executive Chairman explains the significance of targets being surpassed and the royalty. “That has got significant benefits for not only ourselves but for the shareholders because there's no further dilution required. So, we're fortunate in not having to do that and it allows us to move in our other projects.” In this interview investors will learn: - What the company intends to spend the US$3 million royalty fee on - Why the company predicts its San Domingo pegmatite project will provide low hanging fruit in terms of early production and cash flow - How the company’s three different types of lithium mineralization future proofs the portfolio against market and political bias - How the lithium-in-clays Basin asset in Arizona has the potential to be expanded - How the company intends to capitalise on the trending interest in lithium-in-oil brines - What the company intends to do with the land packages where there is no significant work taking place - Whether the potential for end of 2025 or early 2026 production is a possibility - Why current management hires mitigate against the company’s lack of a chief executive Reasons to add BHL to your watchlist: - Lithium is a necessary element for the EV economy and the U.S. has mandated it wants a domestic supply of the critical mineral - All projects are 100% owned and are located in close proximity to infrastructure and end users - Management is highly experienced in the mining sector - Non-executive Deputy Chairman James Mellon is a successful U.K. investor, entrepreneur and has an 18.71% shareholding in the company Stalker is clear about the pathway Bradda Head Lithium wants to pursue. “We've got a strategic resource in the lithium-in-clays, but that will take a longer period of time to come into production. We have certainly a huge exploration upside in the lithium in the spodumene, the hard rock. We'll be back there in the second half of this year and I hope that we can bring that into closer to production and get a cash flow.” Ian Stalker, Chairman at Bradda Head Lithium Limited was interviewed by Sarah Lowther at focusIR. #BHL #BraddHeadLithium #Lithium #Arizona #Nevada #Mining
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Major Moves in the Lithium Market 🔎 ➡️Rio Tinto is reportedly in talks to acquire lithium miner Arcadium, signalling strong confidence in the lithium sector. This move underscores the growing strategic importance of lithium resources globally and further supports our belief in the upcoming upturn for the market. Stay informed about how these developments can shape your investment strategy: https://lnkd.in/dUV9ay6b #LithiumMarket #InvestmentOpportunity #MiningSector
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Rio Tinto's $A9.9 billion bid for Arcadium Lithium has garnered excitement with its potential to become the ASX's largest M&A transaction for 2024. But a more interesting question is what imprint Rio will leave on the global lithium market, because if the deal goes through it will have a 5% share. With lithium prices still languishing almost two years after their peak in December 2022, it will be interesting to see whether Arcadium shareholders choose to sell at the bottom of the cycle rather than wait until conditions improve. Read Capital Brief's take here: https://lnkd.in/gHbu6rNd #batteryminerals, #lithium
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For Standard Lithium Ltd. a “Hold” rating is recommended due to the lack of bite in the outlook for lithium. The excess of lithium on the market and the lack of incentives to purchase electric vehicles are negatively impacting investments in new lithium mining projects. The impending economic recession and the risk associated with shares of Standard Lithium Ltd. further contribute to the recommendation of a "Hold" rating, and currently, shares are oversold. https://lnkd.in/ea7AkTwC
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Rio Tinto’s Strategic Lithium Moves: A Positive Outlook for Investors Read More: https://lnkd.in/g_7j52i2 #RioTinto #LithiumInvestments #ElectricVehicles #MiningIndustry #InvestingInLithium #CopperMining #EVBatteries #MarketOutlook #HedgeFunds #StockMarketNews #InvestmentOpportunities
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On the heels of a downturn in lithium prices, significant movements are reshaping the industry landscape in recent months. Australia’s Pilbara Minerals Limited expanded globally by acquiring a project in Brazil, marking their inaugural international venture. Rio Tinto’s purchase of Arcadium Lithium for $6.7 billion in October stands out as their largest acquisition in two decades. Additionally, Eramet's decision to repurchase 49% of tsingshan holding group and General Motors' $1 billion investment in a US lithium mine reflect a dynamic market. Despite oversupply challenges and sluggish electric vehicle sales, the sector is witnessing a surge in interest and investments in lithium. Cornish Lithium Plc, based in the UK, unveiled a demonstration plant aimed at bolstering the country's lithium supply. This trend underscores the enduring confidence in the future of critical metals for electric vehicles, even amidst current market pressures. The industry's renewed emphasis on critical metals highlights a long-term perspective that outweighs the current challenges. With a strong belief in the pivotal role of mining in shaping the future, the race for critical metals continues unabated. #Lithium #Mining
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#RioTinto CEO Jakob Stausholm said the purchase is a “significant step forward in Rio Tinto’s long-term strategy, creating a world-class lithium business alongside our leading #aluminium and #copper operations to supply materials needed for the #energy transition.” Rio Tinto said the deal would be an all-cash transaction for $5.85 per share, representing a premium of 90% to #Arcadium’s Oct. 4 closing price of $3.08 per share. Arcadium #Lithium’s market value currently stands at $4.56 billion, according to #LSEG data, with shares rallying 37% in the first week of October. https://lnkd.in/gWCVmYZH
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Rio is taking a counter cyclical approach and buying at the bottom of the cycle. Rio Tinto and Arcadium Lithium have concluded several days of negotiations and announced a US$6.7 billion ($11b) deal for Rio to acquire the New York and ASX-listed lithium producer Rio Tinto Arcadium Lithium #ASX #Lithium https://lnkd.in/g2mgeMuj or Blog – What is next for Lithium - https://lnkd.in/gqC-KJDX
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#Mining is a tough business, apparently. Here is a cautionary tale. Despite seemingly strong demand for #lithium for #EV #batteries "it has been a rough year for Tianqi Lithium Corp. ... In mid-June, Chile’s securities regulator rejected Tianqi’s request to give shareholders a chance to vote on a deal that would allow Santiago to take greater control of the country’s largest lithium reserve in the Atacama salt flat. That said, Tianqi’s main problem was that it took on more than it could handle, leaving it with little of its own funds and large amounts of leverage, which in turn led to its recurring cash flow issues." 👉 Any similar stories or good advice?
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