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Best Mining Stocks To Buy In July? 3 To Watch

Mining stocks are in focus; here is 3 to watch right now…
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Mining stocks are in focus; here is 3 to watch right now

The sector for mining stocks has been growing significantly in the last year. This started when the pandemic took over the world back in 2020. This caused mining stocks to explode in value as material prices skyrocketed. Gold and silver among other metals achieved new record highs in the market. Often investors will turn to mineral resources when the dollar is slipping.

There are plenty of mining stocks that are increasing in value all the time. There are other types of companies in this sector too, not just gold and silver related. Lithium stocks have been very bullish in the market lately. This momentum is powered by the growth of electric vehicles. EVs use lithium-ion batteries, and production numbers are going up consistently every year. Copper stocks have increased for similar reasons, as hundreds of pounds of the metal are used in most electric vehicles.

When investing in mining stocks, it is helpful to look at the most recent updates that have come from a company. World news is also very important when investing in mining stocks. This has been clear in the last year when it comes to the sector. Some may think there isn’t room to invest in mining stocks or that it is too late, but many still have a lot of potential right now. Let’s take a look at three mining stocks that have market potential right now.

Top Mining Stocks To Watch

  1. Livent Corporation (NYSE: LTHM)
  2. SSR Mining Inc. (NASDAQ: SSRM)
  3. Great Panther Mining Limited (NYSE: GPL)

Livent Corporation (NYSE: LTHM)

Livent Corporation is a lithium stock that sells lithium compounds that are used in batteries. Its lithium compounds are used in battery-grade lithium hydroxide, and much more. The company also provides lithium phosphate, lithium carbonate, and more. In the last year, this mining stock has experienced a lot of positive momentum in the market.

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On June 30th, the company published its 2020 sustainability report. The President and CEO of the company Paul Graves said, “Despite the difficulties of the global pandemic, we made significant strides to advance our sustainability strategy and program, including setting bold new goals and improving our ESG performance and reporting in key areas. Our ongoing efforts are underpinned by the belief that the responsibility to operate in a safe, ethical, socially conscious, and sustainable manner is a fundamental obligation of our right to operate – and essential for the viability of our business.”

On Thursday, August 5th, 2021, the company will be releasing its second-quarter 2021 earnings. This is the next big date that investors of LTHM stock are looking forward to at the moment. On July 15th, the company’s stock price increased by 0.31%. Will you add LTHM to your list of mining stocks to watch?

SSR Mining Inc. (NASDAQ: SSRM)

SSR Mining Inc. is a stock that acquires land, explores it, develops it, and operates metal resource properties as well. Primarily, SSR will search for gold and silver deposits. Some of its projects include the Marigold mine that is located in Humboldt, Nevada, the Seabee Gold Operation in Canada, and the Puna Operations in Argentina.

SSR Mining has not released a lot of frequent updates recently. Yet still, SSRM stock price is going up in the market. On July 15th, SSRM stock increased by 1.72%. On August 4th, the company will put out a news release with its second-quarter consolidated financial results before the market opens. This is potentially when more momentum can be expected from SSRM stock. SSRM stock price has increased by nearly 3% in the last 5 days. So will SSR Mining enter your mining stock watchlist?

Great Panther Mining Limited (NYSE: GPL)

Great Panther Mining Limited is a mining penny stock that has shown positive market performance. The company’s primary focus is on mining and exploration operations. The minerals it looks for primarily are gold, silver, copper, lead, and zinc ores. Currently, it operates the Tucano gold mine, Guanajuato mine, among many others.

[Read More] Top Mining Penny Stocks To Watch

July 14th was a great day for Great Panther Mining, as it reported the resumption of mining in Tucano’s UCS pit and reported its second-quarter production results for 2021. President and CEO Robert Henderson stated, “I am pleased to report that mining of ore has resumed ahead of schedule in the Urucum Central South pit as the conditions affecting the stability of the west wall have improved significantly. The radar measurements of the west wall have shown a considerable reduction of movement compared to the earlier levels recorded over the past two months, and improved weather conditions are resulting in greater wall stability.”

In the last 5 days, GPL stock price has gone from $0.57 per share to $0.62 per share. The company’s stock price is not near the higher prices it achieved last year, but this is within reason. The company’s stock price grew as metals were reaching new record high prices. As the market is more stable than before, GPL stock is not skyrocketing like before. But due to its penny stock nature, GPL stock is much more unpredictable than your traditional mining stock. Keeping this in mind, will GPL make it on to your list of mining stocks to watch?

Hot Mining Stocks To Buy?

Buying mining stocks can be a difficult decision because of the sheer amount of companies out there. This is why doing proper research is essential, as it can help narrow down which company is best for your investment strategy. With this in mind, which companies are going to make it on to your mining stock watchlist in July?

The post Best Mining Stocks To Buy In July 2021? 3 To Watch appeared first on Gold Stocks to Buy, Picks, News and Information |

Energy & Critical Metals

Daimler Truck’s powertrain plants in Germany will produce electric drive components

Following intensive talks, Daimler Truck AG and the Works Council have agreed that the three powertrain sites in Gaggenau, Kassel and Mannheim will specialize…

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Following intensive talks, Daimler Truck AG and the Works Council have agreed that the three powertrain sites in Gaggenau, Kassel and Mannheim will specialize in different components for electrified drives.

In the future, they will drive the global production of battery-electric and hydrogen-based drive systems in a production and technology network for electric drive components and battery systems, together with the sister plant in Detroit. Significant additional investments in future technologies at the Daimler Truck powertrain plants will drive technological change.

  • The Mercedes-Benz plant in Gaggenau, which specializes in heavy-duty commercial vehicle transmissions, will develop into a competence center for electric drive components as well as the assembly of hydrogen-based fuel cell drive components.

  • The Mercedes-Benz plant in Kassel is expanding its current focus on commercial vehicle axles and will become a competence centre for electric drive systems.

  • The Mercedes-Benz plant in Mannheim, specialized in commercial verhicle engines, is drawing on the more than 25 years of experience of the Competence Center for Emission-free Mobility (KEM) located at the plant and is focusing on battery technologies and high-voltage-systems.

Important scopes for alternative drives, such as the production of electrically driven axle systems, e-motors and inverters, as well as the assembly of fuel cell systems, will be integrated into the powertrain plants in the future, in addition to investments in the reprocessing and recycling of battery systems.

Our industry is undergoing a transformation toward CO2-neutral trucks. Since conventional drive systems will also be with us for some years to come, we are focusing the future orientation of our powertrain plants primarily on flexibility, cost-effectiveness and very well-trained employees. This had to be reconciled in our negotiations with the Works Council. With the production and technology network for electric drive components and battery systems in conjunction with the competence centers at the plants, we have succeeded in doing so. In this way, we are creating optimum conditions for maximum competitiveness for our plants and at the same time laying the foundations for a successful future.

—Yaris Pürsün, Head of Global Powertrain Operations Daimler Truck

Another element of the technology network for electric drive components and battery systems are the innovation laboratories (InnoLabs). In addition to the competence centers, these are being set up at all plants. They specialize in innovative production processes, new technologies and products.

The aim of the InnoLabs is to close the gap between prototype production and series development. Series start-ups are thus to be prepared with maximum efficiency so that products can be transferred from the prototype phase to series production as quickly as possible. With the InnoLab Battery located at the Mercedes-Benz plant in Mannheim, Daimler Truck AG will establish its own pilot battery cell production and thus lay an important foundation stone for future competence in battery technology.

In its transformation toward CO2-neutral transportation, Daimler Truck is focusing on two all-electric drive technologies: battery and hydrogen-based fuel cell. With these, every customer application can be covered with full flexibility in terms of routes—from well-plannable, urban distribution transport to multi-day transports that are difficult to plan. Which solution is used by the customer depends on the specific application.

As the first battery-electric truck, the Mercedes-Benz eActros for routes in distribution transport will go into series production at the Mercedes-Benz plant in Wörth in October 2021, followed by the eEconic next year. The battery-electric eActros LongHaul for long-distance transport will follow from the middle of the decade. Key components be manufactured at the powertrain plants in the future.

In addition to the products, the powertrain plants are to become CO2-neutral from 2022, just like all other European Daimler Truck plants. This will be made possible, among other things, by a green power concept at Daimler: CO2-free power procurement from renewable energy sources will form the basis for CO2-neutral production. As part of this, the sites will purchase electricity from wind and solar farms as well as hydropower plants from 2022 onwards. On the way to becoming green production sites, the Mercedes-Benz powertrain plants are also to operate CO2-free in the long term by successively establishing fully renewable energy systems over the next few years.

The sister plant in Detroit, which is part of the global production network for powertrain components, will continue to strengthen its role in the US market and, as a competence center for electric powertrain components, make an important contribution to shaping sustainable transportation in the American market.

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Energy & Critical Metals

Tata Steel contracts for 27 electric trucks for transportation of finished steel in India

As part of its sustainability initiative, Tata Steel is partnering with an Indian start-up to deploy electric trucks for its steel transportin India. This…

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As part of its sustainability initiative, Tata Steel is partnering with an Indian start-up to deploy electric trucks for its steel transportin India. This marks the first use of EVs by any steel producer in the country for transportation of finished steel.

The electric trucks feature a 230.4 kWh Lithium-ion battery pack with a cooling system and a battery management system giving it capability to operate at ambient temperatures upto 60 °C (140 °F). The battery pack will be powered by a 160-kWh charger setup which would be able to charge the battery from 0 to 100% in 90 min. With zero tail-pipe emission, each electric vehicle would reduce the GHG footprint by more than 125 tCO2e every year.

Tata Steel has contracted for 27 EVs, each with a carrying capacity 35 tonnes of steel (minimum capacity). The company plans to deploy 15 EVs at its Jamshedpur plant and 12 EVs at its Sahibabad plant. The first set of EVs for Tata Steel are being put in operation between Tata Steel BSL’s Sahibabad Plant and Pilkhuwa Stockyard in Uttar Pradesh.

At a virtual ceremony organized on July 29, Tata Steel formally flagged-off the loaded vehicle at the Pilkhuwa Stockyard to move to the Sahibabad plant, 38 km away.

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Energy & Critical Metals

Tesla Is Hiking Prices In The U.S. While Slashing Them In China

Tesla Is Hiking Prices In The U.S. While Slashing Them In China

After posting its most recent earnings "beat", Tesla is taking on two starkly…

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Tesla Is Hiking Prices In The U.S. While Slashing Them In China

After posting its most recent earnings "beat", Tesla is taking on two starkly different strategies for its U.S. and its China business. 

In the United States, the automaker is raising prices in an attempt to boost profit margins, while in China it is keeping prices steady in what is likely an attempt to drum up more demand, Reuters reported

So far, Tesla has raised the price of its Model 3 and Model Y "about a dozen times" in the U.S. this year, the report notes. At the same time, the company also introduced an affordable version of its Model Y in China.

Tesla isn't just facing increased scrutiny in China from its citizens and the government, but is also running face-first into a wall of Chinese EV competitors. 

Toni Sacconaghi of Bernstein has questioned demand in China as a result of the introduction of the lower priced Model Y. He has said that the model "may make sustained margin improvement difficult". Chinese owners were "were less enthusiastic and had lower repurchase intentions than owners in the United States and Europe," a Bernstein survey recently showed.

Meanwhile in the U.S., Tesla continues to raise the price of its Model Y long range, which is now priced at $53,990. In China, the more affordable Model Y is priced at $42,394.

Roth Capital Partners analyst Craig Irwin told Reuters: "I think Tesla is looking to be as competitive as it can be in China. Lower prices will be a part of that aggressive market positioning. There is a very large difference in battery prices in the U.S. and China, as well as local vehicle manufacturing costs."

Hargreaves Lansdown analyst Nicholas Hyett added: "It wasn't so long ago that the group was trimming prices in the U.S. to gain scale and maximize profitability, and it feels like we're now seeing that in China too."

Gene Munster at Loup Ventures attests that the lower prices in China could "have a lasting effect" for the company in the country: "Teslas are on average 3x the cost of a typical EV made in China so they have to be priced less than the U.S. to compete. Prices of Teslas in China will be below (the) rest of the world for the next decade."

Tesla's market share in China has fallen to 11% in the battery electric vehicle market. China makes up 44% of the global EV market. 




Tyler Durden Fri, 07/30/2021 - 10:36
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