Galan Lithium Ltd’s Post

Saksa ohjaamassa miljardin kriittisten mineraalien saatavuuden varmistamiseen: "The German government earmarked about €1 billion ($1.1 billion) for raw materials investments as it seeks to reduce dependency on producers such as China for critical minerals, according to people familiar with the plan. A selection process will be established to determine which projects — including in extraction, processing and recycling materials — are eligible, the people said, speaking on condition of anonymity. Financing, via Germany’s state-owned KfW development bank, will consist of equity capital to make acquisitions of minority stakes." #mineraalistrategia #kriittisetmineraalit #huoltovarmuus #jatkuvuudenhallinta #toimitusketjut #valtiontuki #kaivosteollisuus #metallinjalostus https://lnkd.in/gvQh2bNN

Recent commentary and actions from IGO Ltd and Pilbara Minerals Limited out of Australia have questioned the downbeat view on the #lithium market currently. But in June alone, pricing out of China was off another ~16%, suggesting the mood was justified. It is a similar situation for #REEs, where #NdPr prices, also out of China, were off 4% over the month in contrast to suggestions from some within the industry that contracts are being negotiated at materially higher levels. It speaks to the challenge for investors when placing capital in equities exposed to opaque markets that are easily manipulated and have little in the way of analyst research to inform decisions. #batterymetals #investment #miningfinance #commodityresearch #REEs #lithium

via Stockhead Latin Resources Limited has been a strong performer in 2023, building off the release late last year of the maiden resource at the Colina deposit at its Salinas project in Brazil. It has also benefited from growing interest in the Brazilian #spodumene industry, which has emerged as the largest hard rock #lithium producing domain outside WA and Africa. A DFS at the Project is due for completion in mid 2024 after a preliminary economic assessment that suggested the mine could produce 405,000tpa of 5.5% Li2O spodumene concentrate a year and 123,000tpa of 3% Li2O concentrate at an all in sustaining cost of US$536/t with phase 1 capex of US$253m targeting first production in 2026. Learn more: https://loom.ly/9w4RiDY #LRS #LatinResources #ASX

PUBCO A notices suspicious trading activity in its shares. It reports this to the government, which cares a lot about national security. Government Regulator B investigates. Then this happens: Government Regulator B orders a Chinese-controlled, Singapore-registered SPV (and a few other Chinese investors) to dispose 80 million shares they'd purchased in PUBCO A in September. The shares represent ~10.4% of the issued share capital of PUBCO A. This just happened in Australia. Since PUBCO A is a rare earth minerals mining company, the national security concerns seem legitimate. Even so, I suspect a few corporate boards, CEOs, and take-over defense lawyers might be taking notes. #privateequity #geopolitics #corporateboards #generalcounsel

LiTHOS is on a mission to make #criticalmineral mining safer and more #sustainable with the use of their patent-pending technology. Through their listing on Cboe Canada, they gain access to expanded investor reach, liquidity, and support to help them on their journey of continued success.   “LiTHOS has several multi-billion market cap lithium producers under contract, and we are actively processing multiple field brines at various stages from the evaporation pond complexes located in Chile and Argentina. We have a number of producers scheduled to visit our processing facilities to approve tests on the results of our AcQUA™ conditioning and pre-treatment technology, which can help customers substantially increase their recovery yields at a lower capital cost in weeks, instead of 9 to 18 months. We chose Cboe Canada to build broader institutional coverage internationally and increase #investor confidence as a Tier 1 non-venture issuer.” - Scott Taylor, CEO and Co-Founder of LiTHOS.   To learn more about the recent launch of LiTHOS on Cboe Canada, visit https://rb.gy/a3upm5. And for free, real-time market data on $LITS, visit: https://rb.gy/3f1pso.   #CboeListed #PartnersInPurpose #CapitalMarkets #Listings #GoPublic #IPO #RingTheBell #CapitalRaising #MiningIndustry #Investors #Advisors #ListWithPurpose #InvestWithPurpose   Erik Sloane Scott Davidson Joacim Wiklander Igor Cvetkovic Mike Stein Rosie Rubie Saqib Khokhar Marcus Schlechta Steve Watson Bryan Blake Aimee Morita Jacob Schumann Kirstie VanWyk Cboe Global Markets Cboe Global Listings Judson “Dino” LaCapra Fredrik Klaveness

Aterian plc on Wednesday said it is well-placed to drive revenue growth, as its subsidiary signed an off-take agreement with a "major" international trading house. The investment company focused on African mineral resources said its Rwandan subsidiary Eastinco Ltd signed an off-take deal with a trading house, allowing for the sale and distribution of Eastinco's tantalum-niobium and tin concentrate secured from Rwandan-based artisanal and small scale #mining. Aterian said in connection with the deal, it signed terms for a USD1.0 million secured trade #finance debt facility with a financial investor. It is a five-month revolving debt facility with a 14.4% annual interest rate. "The facility will provide the company with the necessary working capital requirements for #trading operations, ensuring seamless execution and operational efficiency. Confidentiality has been agreed amongst the parties to protect our mutual commercial interests," Aterian said. Source: Marketscreener.com https://lnkd.in/g-BNbc2J

We are thrilled to announce the successful closing of our Pre-series A funding round with Artha99 Venture Capital Fund. This investment underscores the strong confidence in our vision and ongoing commitment to innovate and help the country’s mining and metals industry tackle challenges and reach new heights. Innocule Materials & Additives Private Limited is committed to leveraging deep tech to enhance the operational efficiency of the metal and mining industries. Since its inception, its products and services have stood out with its MNC clients in the Mining and Metals industry due to its proven track record of delivering exceptional value to its customers, with its goal to enable the nation’s ambition of achieving its low-grade mineral processing targets sustainably by 2030. Surbhi Sarna Gyan Ranjan Das Vignesh Shankar Ganesh Sathyamurthy Ravikant Muddu Ajay D. Dr. Sudeep Paul Sumanta Kumar Biswal Innocule Materials & Additives Private Limited #InnovateWithInnocule #SustainableMining #SpecialtyChemicals #InvestingInInnovation #PreseriesA #NextPhaseofGrowth #NewHeights 

Atlantic Lithium Limited (AIM:ALL, OTCQX:ALLIF, ASX:A11) has received approval for listing by introduction on the main market of the #GhanaStockExchange, adding to its ASX, over-the-counter (OTC) and #LondonStockExchange #AIMlistings  As the country’s first near-term #lithiumproducer to list on the GSE, the company believes that admission to trading reflects a pioneering approach to establishing a route to the long-term supply of #lithium to support the #electrification transition and to meet global #climatechangeobjectives.  The company expects its GSE listing to broaden its #investorbase and increase the company’s visibility both within Ghana and globally. More at #Proactive #ProactiveInvestors #AIM #OTCQX #ASX #ALL #ALLIF #A11 http://ow.ly/z16T105rAJ7

The establishment of Germany's fund that aims to acquire minority stakes in projects globally, including in African mining, to diversify the supply chain away from Chinese control is an interesting development.But does Germany and other European countries including Canada and USA have learned from what China has done? China's strategy of strongly favoring African mine developers positions it for dominance in the global resources war. Through significant investments, infrastructure development, technological collaboration, and trade agreements, China has created an environment conducive for African mine developers to thrive. This approach not only secures China's own access to vital resources but also contributes to the economic growth and development of African nations. As the resources war continues, China's strategy will likely play a pivotal role in shaping the dynamics of the global resources sector for years to come.