Global One Media Group’s Post

🚘 Lithium gets a new low-cost leader The lithium price crash has not dented the expansion plans of the newest player in the game, the Covalent joint venture of Australia's Wesfarmers and Chile's SQM -- if the first detailed look at the business by the investment bank Goldman Sachs is correct. Arguably the best connected and most technically competent business in Australia's fast-growing lithium industry Covalent should be profitable from day one, even after the 80% fall in the price of the metal over the last 12-months. https://lnkd.in/egCeEKcT Covalent Lithium Pty Ltd SQM Wesfarmers Goldman Sachs #lithium #lithiumbattery #mining

With improvements in technology and a better understanding of the market dynamics, the Li market is expected to see more news like this. It may hurt the companies who played a suppliers-only role and may lose their monopoly in the market. With further maturity of our understanding of the global market, I expect more miners will emerge from countries we didn't expect before. Also, projects where a substantial amount of lithium may also be produced as a by-product. 5E Advanced Materials, Inc is an example: (https://lnkd.in/gDDyDf_H) _______________Update_______ Just I read this news: https://lnkd.in/gD65eEre "Goldman Sachs recently said it estimated a surplus of 200,000 tonnes of lithium carbonate equivalent, or 17% of global demand, this year." ________________ Critical Minerals Association USA Critical Minerals Conference Series 2023 Utah Advanced Materials Manufacturing Initiative (UAMMI) https://lnkd.in/gj7B2ft2

Investors are on alert as #GalanLithium Ltd remains in an extended trading halt on the ASX. The company's shares are voluntarily suspended at $0.38, with the market awaiting crucial updates on government permitting for the Hombre Muerto West project. Key takeaways: - The extension signifies that more time is necessary for the company to disclose a market update. - Phase 1 construction permits have been acquired, and the focus now shifts to phase 2 development approvals. - Following a recent $15 million funding facility announcement, the reasons behind this decision are yet to be communicated. The anticipation builds around Galan Lithium Ltd’s pending government permit status—will this be a pivotal moment for the company's future? Detailed insights will be crucial for shareholder confidence and the project’s timeline. Read more about Galan Lithium’s strategic moves during this trading halt and what it could mean for the lithium market: https://lnkd.in/dyrtR54Z #Lithium #ASX #TradingHalt #Investment #Permitting #MarketUpdate

Sagacity Capital Media sat down with First Lithium Minerals Corp. Minerals CEO Rob Saltsman (CSE:FLM / OTC:FLMCF) to discuss the pivotal moment his company is at as they just announced their environmental approval and cooperation agreement with the local #indigenous #community. This now provides the green light to begin drilling at their Salar de Ascotan to find out just what concentration of lithium may lie within their 100% owned salar. #Mining #PDAC #PDAC2024 #Investing #Investor #Invest #Lithium #Chile #CSE #FLM #OTC #FLMCF About First Lithium Minerals First Lithium Minerals is a #Canadian mineral exploration and development company. The Company is currently focusing on exploring for alkali metals at its 100% owned OCA Project comprised of approximately 9,000 ha of mineral exploration concessions located in the salars of Ollague, Carcote, and Ascotan in the Antofagasta Region of northern #Chile. In Q4/22 and Q1/23 the Company conducted two property-wide geophysical surveys, identified two priority exploration targets for potential brine mineralization, and is currently planning its inaugural #drilling program at the Salar de Ascotan pending obtaining required drilling permits and licences. First Lithium Minerals is also exploring for #lithium and #criticalmetals at its 100% owned exploration properties comprised of 5,640 ha of mining claims in northwestern #Ontario, Canada. https://lnkd.in/evnwY3GS

Is Lithium dead? To answer this question from our HotCopper and The Market Online (Australia) audience, we called on conference guest speaker and Lowell Resources Funds Management Chief Investment Officer John Forwood. Watch the full video interview below >

Find out how to incorporate #nickel into your investment strategy! 🌟 Nickel is becoming a vital component in numerous industries, from EV batteries to renewable energy systems. Here's how you can leverage this opportunity: Direct Investment: Purchase shares in nickel mining companies. ETFs: Invest in exchange-traded funds (ETFs) that focus on nickel. Commodities: Trade nickel futures for direct exposure. Sustainable Investments: Look for funds that prioritize sustainable nickel sourcing. Stay ahead of the curve by tapping into this essential metal's expanding role in the future of technology and sustainability. Thank you Thalia Hayden for ETFguide chats with Steven Schoffstall, Director of ETF Product Management at Sprott Asset Management USA about the nickel growth story. Watch full episode here: https://lnkd.in/gSrq_Bcn #Investing #Nickel #Finance #Innovation #Sustainability #InvestmentStrategy

Will Jefferies be the solution? The short: - Jefferies is actively working to navigate changes to Olive Downs’ shareholder register. - The groups’ engagement signals confidence in the project's financial and strategic viability. - Jefferies is capable of implementing financial structures, such as the continuation fund model, tailored to the needs of the resources sector. - The investment bankers are pivotal in attracting North American funds to the Olive Downs register and influencing global investment flows towards Australian mining ventures. https://bit.ly/3VCWjUx #PembrokeResources #OliveDowns #CokingCoal #MiningInnovation #SustainableMining #EconomicImpact #QueenslandMining #EnergyTransition Jefferies Pembroke Resources Denham Capital Management

Will Jefferies be the solution? The short: - Jefferies is actively working to navigate changes to Olive Downs’ shareholder register. - The groups’ engagement signals confidence in the project's financial and strategic viability. - Jefferies is capable of implementing financial structures, such as the continuation fund model, tailored to the needs of the resources sector. - The investment bankers are pivotal in attracting North American funds to the Olive Downs register and influencing global investment flows towards Australian mining ventures. https://bit.ly/3VCWjUx #PembrokeResources #OliveDowns #CokingCoal #MiningInnovation #SustainableMining #EconomicImpact #QueenslandMining #EnergyTransition Jefferies Pembroke Resources Denham Capital Management

TRIMMING COSTS SO OUR ROOTS CAN FLOURISH | As part of its long-term investment and capital allocation strategy, Dundee Corporation (TSX: DC.A) has received regulatory approval on its intention to renew normal course issuer bids for its class A subordinate voting shares; cumulative 5-year rate reset first preference shares, series 2; and cumulative floating rate first preference shares, series 3. President and CEO, Jonathan Goodman, commented: "We remain committed to reducing our overall costs and G&A expenses, rationalizing our legacy investment portfolio, and monetizing non-core assets. We will continue to review options for capital allocation that deliver further value to our shareholders as we execute on our strategic plan of bringing the Company back to its roots as an active, long-term mining investor." Please read the press release below, or visit us at www.dundeecorporation.com, to learn more about Dundee's return to its mining roots. https://lnkd.in/ge5U53TY #mininginvestment; #normalcourseissuerbid; #shareholdervalue; #miningroots

🚀 Major Milestone for Lithium Universe (ASX:LU7) 🚀 We're excited to share that Lithium Universe has officially been quoted on both the Frankfurt Stock Exchange (FRA) and the US-based OTC Markets Group platform (OTC). This strategic move marks a significant step in our journey, providing investors across Europe, North America, and Canada with the opportunity to trade in our shares, enhancing our global presence. Highlights: ✅ Lithium Universe quoted on the German-based FRA ✅ Lithium Universe quoted on US-based OTC ✅ Providing access to trading for US, Canadian and European investors ✅ Expansion to broaden investor base into diverse markets "The diversification of our investor base is a critical step as we accelerate the development of the Bécancour Lithium Refinery in Québec. This initiative aligns perfectly with our mission to build a lithium future by engaging sophisticated investors from key global markets." Chairman, Iggy Tan. As we continue to develop our innovative mine-to-battery-grade lithium carbonate strategy, this international exposure will be crucial in driving our growth and supporting the green energy transition. Stay tuned for more updates as we advance our unique strategy and strengthen our presence in the global lithium market. Alex Hanly John Sobolewski Jingyuan Liu Victoria Vargas Pat Scallan Gernot Abl #Lithium #StockMarket #GlobalExpansion #Investing #GreenEnergy #Innovation #Sustainability