Lithium Miners News For The Month Of July 2021

Jul. 26, 2021 9:31 AM ET, , , , , , , , , , , , , , , , , 9 Comments

Summary

  • Lithium prices were higher the past month, notably hydroxide and spodumene. "Lithium price tipped to rise after warning of ‘Perpetual Deficit’."
  • Lithium market news - Ganfeng says lithium may rally to boom-time. SK Innovation pumps $26bn into EV batteries to quintuple output. LG Chem to invest $5B to produce battery materials.
  • Lithium company news - SQM/Wesfarmers Covalent Lithium Kwinana LiOH plant receives approval from the WA government. Covalent Lithium begins Mt Holland construction.
  • Tianqi Lithium: Closes $1.4 billion asset sale to Australia's IGO. Galaxy Resources' Mt Cattlin record quarterly production. Pilbara Minerals restarts Ngungaju Plant (formally Altura Lithium Operation).
  • I do much more than just articles at Trend Investing: Members get access to model portfolios, regular updates, a chat room, and more. Learn More »

Lithium abstract concept
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Welcome to the July 2021 edition of the lithium miner news. July saw lithium prices mostly move higher again with some news of a shortage of spodumene supply emerging. The lithium producers continue to do very well and

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Analyst’s Disclosure:I/we have a beneficial long position in the shares of GLOBAL X LITHIUM ETF (LIT), AMPLIFY LITHIUM & BATTERY TECHNOLOGY ETF (BATT), ALB, JIANGXI GANFENG LITHIUM [SHE: 2460], SQM (NYSE:SQM), ASX:ORE, ASX:GXY, ASX:PLS, AMS:AMG, TSX:LAC, TSXV:NLC, ASX:CXO, ASX:NMT, SIGMA LITHIUM [TSXV:SGMA], SAVANNAH RESOURCES [XETRA:SAV], VULCAN RESOURCES [ASX:VUL], LITHIUM POWER INTERNATIONAL [ASX:LPI], GLOBAL LITHIUM RESOURCES [ASX:GL1], LITHIUM ENERGY LIMILTED [ASX:LEL] either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

The information in this article is general in nature and should not be relied upon as personal financial advice.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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