Lithium – in hot demand

The big three in the lithium industry were, or are, Albemarle, Sociedad Quimica y Minera de Chile and FMC. They are still responsible for a large part of the coveted raw material for electromobility and electricity storage, but a lot of the metal also comes from China. About eight kilograms of lithium are built into a mid-size car. Lithium can be mined from rock, or it is extracted from underground salars (salt lakes).  In 2022, almost half of global lithium demand came from Australia’s open-pit mines, about 35 percent came from South America’s salars and about 15 percent from China.

The extraction of lithium from open pit mines involves blasting and drilling. The pieces then undergo chemical and metallurgical processes so that the lithium is separated from the overburden. Highly concentrated lithium from salars is found in the countries of Argentina, Bolivia and Chile ("lithium triangle"). There, the brine is transported upwards into large basins and evaporates. After up to two years, the lithium carbonate is extracted by filtering and chemical processes. Since lithium is an indispensable component of energy storage systems and the prices for lithium have gone up, there are also companies in Europe that operate mining projects and want to take care of the lithium supply. The projects are operated in open pit and underground mining.

In Nevada, Century Lithium – https://www.commodity-tv.com/ondemand/companies/profil/century-lithium-corp/ – is working on its Clayton Valley Lithium Project. The test pilot phase is already underway, and the feasibility study and necessary permitting are progressing.

But the development of new technologies in the field of lithium anodes and lithium metal is also progressing thanks to companies like Li-Metal – https://www.commodity-tv.com/ondemand/companies/profil/li-metal-corp/ -. The goal is the cost-effective and sustainable production of these products. A pilot plant operated by Li-Metal in New York is already working successfully.

Current corporate information and press releases from Li-Metal (- https://www.resource-capital.ch/en/companies/li-metal-corp/ -) and Century Lithium (- https://www.resource-capital.ch/en/companies/century-lithium-corp/ -).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 – 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/