Lithium Miners News For The Month Of July 2023

Summary

  • Lithium chemical spot prices and spodumene prices were lower the past month.
  • Lithium market news - DoE: Lithium & nickel are the two 'high importance to energy' critical materials in the mid term (2025-2035). China lithium futures market begins trading.
  • Lithium company news - Albemarle amends JV deal with Mineral Resources, to pay $380M-$400M, Albemarle will take 100% ownership of Kemerton LiOH facility.
  • Pilbara Minerals achieves the highest quarter of production since commissioning of 162.8k tonnes spodumene in Q4 FY23. Allkem first production achieved at Olaroz Stage 2, US$130M Project financing [loan] for Sal de Vida signed.
  • Piedmont Lithium/Atlantic Lithium Ghana Lithium Project DFS - Post-tax NPV8% of US$1.5bn. CapEx US$185 million. Lithium Nevada beats Thacker Pass Mine challenge in 9th Cir.
  • 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 »

Bolivia Battles To Exploit Its Lithium Reserves

Gaston Brito Miserocchi/Getty Images News

Welcome to the July 2023 edition of the lithium miner news.

The past month saw lithium prices fall back a little after the recent price recovery. We also saw several of the new lithium producers struggling

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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], ASX:AKE, ASX:PLS, ASX:MIN, LIVENT (LTHM), AMG CRITICAL MATERIALS N.V. [AMS:AMG], TSX:LAC, ARGOSY MINERALS [ASX:AGY], ASX:LTR, ASX:LLL, ASX:CXO, ASX:SYA, ASX:PLL, ASX:NMT, SIGMA LITHIUM [TSXV:SGMA], GALAN LITHIUM [ASX:GLN], SAVANNAH RESOURCES [LSE:SAV], LITHIUM SOUTH DEVELOPMENT CORP. [TSXV:LIS], CRITICAL ELEMENTS LITHIUM [TSXV:CRE], WINSOME RESOURCES [ASX:WR1], INTERNATIONAL LITHIUM [TSXV:ILC], GLOBAL LITHIUM RESOURCES [ASX:GL1], EUROPEAN METAL HOLDINGS [ASX:EMH], FRONTIER LITHIUM [TSXV:FL], METALS AUSTRALIA OPTIONS [ASX:MLSOD], GREEN TECHNOLOGY METALS [ASX: GT1], AVALON ADVANCED MATERIALS [TSX:AVL], SNOW LAKE LITHIUM (LITM), PATRIOT BATTERY METALS [TSXV:PMET] AND [ASX:PMT], OCEANA LITHIUM [ASX:OCN], MINREX RESOURCES [ASX:MRR], LOYAL LITHIUM [ASX:LLI], PATRIOT LITHIUM [ASX:PAT], ARGENTINA LITHIUM & ENERGY [TSXV:LIT], LITHIUM IONIC CORP. [TSXV:LTH], ATLAS LITHIUM (ATLX), LATIN RESOURCES [ASX:LRS], MIDLAND EXPLORATION [TSXV:MD], BRUNSWICK EXPLORATION [TSXV:BRW], AZIMUT EXPLORATION [TSXV:AZM], COSMOS EXPLORATION [ASX:C1X], MEGADO MINERALS [ASX:MEG], OMNIA METALS GROUP [ASX:OM1], ERAMET [FRA:ERA], FREY 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.

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