Lithium Chile Inc. (TSXV: LITH | OTCQB: LTMCF)’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

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

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

We've issued a cash notice to Ultra Lithium Inc. for the full repayment of AUD $1,098,246 under a convertible loan agreement within 10 business days. Failure to pay within this timeframe will constitute a default under the CLA and will allow us to initiate enforcement actions to recover the Debt, including by enforcing the security interests held against Ultra Lithium’s Argentinian and Canadian mineral projects. Despite prior agreements and attempts outlined in a binding term sheet, we identified key matters of concern which, in conjunction with Ultra Lithium’s lack of substantive engagement in respect of the BTS transaction, had caused serious concerns as to whether the BTS transaction would complete. Read the full ASX Announcement here: https://lnkd.in/gH5_NZSv #PNN #PowerMinerals #ASX #ASXNews #lithium #MiningNews 

The countdown is on! Looking forward to this event..... Stock Soiree brings ASX companies & investors / brokers together for an engaging evening complimented with great food & drinks! Get in quick- FREE to attend and book via the link below. If you miss out, send me an email stewart@marketopen.com.au Kristie Hannah #ASX #Investing #Opportunities.

🚀 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

We've just posted the following update on our investor hub: Kincora Copper update (RareX investment) Check out the full update and join in with the conversation at: https://lnkd.in/grQDbJpp #ree

**Galan Lithium Ltd to raise $9.3m to fund #HMW Phase 1 project** - #GalanLithium has secured A$14m ($9.3m) through an equity raise at A$0.23 per share, targeting institutional, sophisticated, and professional investors. - The company will issue 56,521,740 fully paid ordinary shares at a 20.7% discount to the 15 May 2024 closing price of A$0.29 per share, along with 28,260,870 new options, subject to shareholder approval. - Directors are contributing up to A$1m, subscribing for 4,347,828 new shares and 2,173,914 new options, with these options having an exercise price of A$0.35, valid for two years. - The funds will be used for the development of the #HombreMuertoWest (HMW) Phase 1 lithium brine project in Argentina, covering development costs, corporate overheads, working capital, and transaction costs. - The equity raise, managed by Canaccord Genuity Australia and Petra Capital Pty Ltd, provides Galan Lithium with financial flexibility to continue HMW Phase 1 construction and explore alternative funding solutions such as debt and prepayment facilities. #mining #mineralexploration #mineralprocessing

🔋As lithium prices plunge, Australian miners face tough choices: some consider scaling back, while others push forward with expansions, betting on a future rebound. Oversupply has driven spodumene concentrate prices down over 80. 👉Read more: bit.ly/3WSp2Uh #OrientFuturesSG #LithiumMarket #EnergyTransition #MiningIndustry #BatteryMetals #FutureOfMining #CommodityMarket #EnergySector #Commodities #GlobalEconomy #OilTrends #MarketAnalysi #derivatives #exchange #forex #brokerage #futuresandoptions #investing #trading #commodity #commoditytrading #commoditymarket #commoditytrader #commoditytips #commoditynews #commodityprice

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