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Top Lithium Stocks To Watch

Will these lithium stocks go up in the market this month? Lithium…
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Will these lithium stocks go up in the market this month?

Lithium stocks are a huge market, and there are many options for investing. This sector is heavily impacted by a few key things. Obviously, the pandemic and the world have a big effect on lithium stocks, but let’s get into the specifics. Electric vehicles are the main reason that lithium stocks move up or down in the market right now. EVs grow in popularity every single year that goes by. This material is used to make lithium-ion batteries, which are key in electric vehicles of all types.

This means that as EVs continue to grow in popularity, so will lithium. Sure a battery technology could be found that is more efficient, but this is not realistic in the near future. All of the giant EV corporations such as Tesla and NIO use lithium-ion battery technology because of their longevity and usability. When EV stocks aren’t performing well in the market, this often reflects on lithium stocks.

So how do you know which lithium stocks are the best to watch? For starters, look for companies that have big contracts with large EV manufacturers. If a company has a lot in its pipeline, there are more things to rely on in terms of positive performance. Looking at the latest company-specific news is the best way to see what it is up to at the moment. The lithium mining sector is also important to look at for things like shortages and surplus. With all of this in mind, let’s look at three lithium stocks that have market potential.

Top Lithium Stocks To Watch

  1. Lithium Americas Corp. (NYSE: LAC)
  2. American Battery Metals Corporation (OTC: ABML)
  3. Livent Corporation (NYSE: LTHM)

Lithium Americas Corp. (NYSE: LAC)

Lithium Americas Corp. is a resource company that explores at various lithium deposits. The company holds interest in the Cauchari-Olaroz Project, Thacker Pass project, and more. These projects are located in Argentina and Nevada. Lithium Americas experienced a large amount of positive momentum in the last year as the EV and tech markets have grown.

Back in August, the company reported its second-quarter results for 2021. Lithium Americas total assets and cash increased due to $377.4 million net proceeds raised from the underwritten public offering of common stock. The company’s expenses rose and its net loss increased during this period as well. This higher net loss is because of higher Thacker Pass expenditures and a $4.7 million loss on the JEMSE transaction. Keeping this in mind, will LAC make your list of lithium stocks to watch?

American Battery Metals Corporation (OTC: ABML)

American Battery Metals Corporation is a lithium stock we have mentioned on goldstocks.com before. This is a company that explores for, mines, extracts, and recycles battery materials. American Battery Metals offers lithium-ion battery recycling, battery metal extraction technologies, and primary resources development. The metals it produces are used for batteries that power electric vehicles, grid storage applications, and electronics.

Just a few days ago, the company announced the expansion of its primary battery metal extraction development. The company’s development now includes nickel and cobalt resources in addition to lithium. This was accomplished via a collaborative agreement with Global Energy Metals Corporation.

CEO and CTO Ryan Melsert said, “Our partnership between American Battery Technology Company and Global Energy Metals Corporation represents a complementary and actionable effort towards establishing a North American supply of critical and strategic materials that will fuel the global transition towards an electrified and domestic closed-loop circular economy.” This company is currently in the process of changing its name to American Battery Technology Company. Is ABML going to make your lithium stock watchlist?

Livent Corporation (NYSE: LTHM)

Livent Corporation is a manufacturing and selling company for lithium ion batteries. It also deals in specialty polymer and chemical synthesis applications. Livent Corporation offers lithium compounds that are used by various companies. This is another high-performing lithium company that has seen a lot of momentum in the last year. So let’s check out the latest from Livent Corporation.

In August, the company released its second-quarter 2021 results. The company experienced a higher volume than normal. It also completed a $262 million equity issuance to fund its capacity expansion during the second quarter. Livent has now raised its full-year guidance for 2021. Its revenue went up 11% from the first quarter of 2021, and 57% year over year. Its adjusted EBITDA rose 44% higher since the start of the year and 150% higher since the same period last year.

President and CEO Paul Graves said, “We were pleased to complete the equity issuance and are focused on executing on our capacity expansion projects, which are progressing on schedule.” In 2021, LTHM stock has been going up in the market. The company has experienced a lot of spikes and dips throughout the year. With this in mind, will LTHM enter your lithium stock watchlist in September?

Top Lithium Stocks Right Now?

Deciding which lithium stocks to buy can be a difficult process sometimes. That is why making sure you know what is going on in the market is key in the process. If you are up to date on sector news and company news for the lithium stocks you are looking at, it can make the process a lot easier. No matter which lithium stocks you buy, there are a lot of great options in the market. So which lithium stocks will be on your list this month?

The post Top Lithium Stocks To Watch In Mid September appeared first on Gold Stocks to Buy, Picks, News and Information | GoldStocks.com.

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‘We maintain our buy rating’: Gold explorer Predictive bounces back after Sprott quashes environmental concerns

Yesterday, popular goldie Predictive Discovery (ASX:PDI) fell 25% after announcing it was getting ahead of a “pending media report questioning … Read…

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Yesterday, popular goldie Predictive Discovery (ASX:PDI) fell 25% after announcing it was getting ahead of a “pending media report questioning the legality for the company to establish mining operations” at the flagship Bankan project in Guinea.

PDI acknowledged the flagship Bankan project in Guinea was in the ‘Outer Buffer Zone’ of the Upper Niger National Park.

While exploration permits are all in good standing, PDI mentions that “the Upper Niger National Park is a protected area where the mining of mineral deposits is not permitted”.

Mining is years away, and there are plenty of precedents for mining permits to be granted in the national park, it says — but the news still scared some investors.

Locality Plan – Bankan Project illustrating overlap with Buffer Zone 2 of the Upper Niger National Park. Note the extension of the Buffer
Zone well into the regional centre, the City of Kouroussa. Pic: PDI

Sprott says PDI still undervalued, reinforces 42c price target

In a note released overnight, Sprott clarified that this news isn’t new, with the National Park of Upper Niger well flagged on Google Maps.

However, with a recent maiden resource of 3.646 million ounces now in the books Bankan is no longer just an early stage discovery, an need to be treated a development prospect, it says.

“We’re glad CEO Paul Roberts is travelling to Guinea shortly to do just that,” Sprott says.

“Mining on excised cut-outs of national parks is common globally, in EU, Africa and elsewhere (in this case the buffer zone is peripheral to the core protection zone).”

“With the outer buffer already denuded (including the regional capital), post PFS / EISA as part of mining licence application we expect the area to be excised as is practice in the western world.”

Gazetted in 1997 with the buffer added in 2002, the opportunity of an excise and additional funding to protect the core/ wider park could be win-win, Sprott says.

“In emerging markets, Western miners adopting high ESG standards very simply improve the livelihood, health and wellbeing where they operate,” it says.

“In Predictive’s case, our valuation includes A$1bn of tax, A$400m in royalties and A$360m minority interest payments to the government; life-changing funds for the people of Guinea.”

As a result, “we maintain our BUY rating”, Sprott said.

The fund has a price target of 42c, based on implied gold price of US$1,850 and an indicative valuation of 0.4xNAV (net asset value).

“We see this as a buying opportunity with the stock trading at 0.16xNAV,” Sprott said.

“We remind investors that African names are high on headline / volatility risk,” Sprott said.

Have, they also have “far less precedent of permitting fails or nationalisation than elsewhere, with share prices typically recovering from moves like this”.



The post ‘We maintain our buy rating’: Gold explorer Predictive bounces back after Sprott quashes environmental concerns appeared first on Stockhead.

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Poseidon strikes potential nickel supply deal to proposed Kalgoorlie battery materials refinery

Special Report: Poseidon is on the front foot with an early-stage deal that could see it supply nickel concentrate to … Read More
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Poseidon is on the front foot with an early-stage deal that could see it supply nickel concentrate to a proposed new battery materials refinery in Western Australia.

Poseidon Nickel (ASX:POS) has signed a memorandum of understanding with Pure Battery Technologies (PBT), which has mapped out plans to build and operate a battery material refinery hub in Kalgoorlie, WA.

Under the MoU, the two companies will investigate the suitability of nickel concentrate from Poseidon’s Black Swan and/or Lake Johnston projects as feed for the refinery.

Queensland-headquartered PBT, which has a nickel and cobalt refining operation in Germany, wants to build a refinery in Western Australia that will produce precursor cathode active material (pCAM) battery metal products.

Studies will initially focus on a starting output of up to 50,000 tonnes per annum of pCAM, with the potential for expansion over time to also be considered.

“We look forward to working with PBT to determine if our potential concentrate production could be feed for PBT’s proposed refinery, should we decide to proceed with development of our projects,” managing director and CEO Peter Harold said.

“This could be a great way for us to improve the payability of the nickel in our concentrates and improve the margins of our projects.”

Poseidon recently decided the most economically attractive option for the company was to refurbish the 1.1-million-tonne-per-annum capacity processing circuit at Black Swan and “fill the mill” to maximise nickel production.

A final investment decision is slated for May 2022, with first concentrate production targeted for December the same year.

Battery makers demand more nickel 

A rapidly growing number of battery makers are requiring more and more nickel in the cathodes of their batteries because it improves the efficiency and extends the driving range of electric vehicles.

Analysts at Wood Mackenzie believe the size and substance of the nickel market is going to mutate over the next two decades.

Presently ~70% of the nickel market is funnelled into stainless steel (an end market up 14% on its own this year) while just 7% goes into battery precursor.

By 2040 battery precursor will be 30% of that first use end market, with stainless steel shrinking, in percentage terms at least, to just 53%.

But that is only half the story. While there are concerns increased nickel pig iron production in Indonesia and the sale of South East Asian nickel matte into the battery market could flood the market, demand is still expected to outstrip supply, leading to sustained deficits from 2025 on.

A market that ranked around 2.4Mt in 2020 is set to inflate more than 100% to 4.9Mt by 2040.

“Based on current market fundamentals, we expect the deficits running through to 2030 will support annual average prices approaching US$19,440 per ton or US$8.80 per pound in the old money by 2026, followed by even higher prices of around US$21,000 through to 28-29,” Angela Durrant, WoodMac principal nickel analyst, said recently.

“By then four straight years of metal inventory drawdowns will shrink global stocks towards 100 days of consumption … a level not seen since 2005, when prices also averaged US$19,980 per tonne.

Patented technology

PBT commercialised and patented the Selective Acid Leaching (SAL) process, which has been commercially proven to produce high-quality, more affordable nickel and cobalt battery materials with a lower environmental footprint.

The technology can also be used to recycle existing lithium-ion battery materials.

 


 

 

This article was developed in collaboration with Poseidon Nickel, a Stockhead advertiser at the time of publishing.

 

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

The post Poseidon strikes potential nickel supply deal to proposed Kalgoorlie battery materials refinery appeared first on Stockhead.

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De Grey confident of resource growth potential at regional targets

Special Report: De Grey Mining’s strategic plan to extend its existing resources and make large scale discoveries is looking solid … Read More
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De Grey Mining’s strategic plan to extend its existing resources and make large scale discoveries is looking solid so far, with positive RC drill results from the Withnell gold deposit and the Calvert and Gillies prospects within the Mallina gold project.

Results from Withnell returned multiple mineralised intercepts in sheared, quartz veined sediments including 29m at 5.4g/t gold from 80m (MWRC0049).

At Calvert down dip and strike extensional drilling has returned multiple intercepts at the known shear-hosted gold deposit and has expanded the footprint of the Calvert intrusion.

Results include 14m at 3.2g/t gold from 128m (MWRC0001).

And at the Gillies prospect, follow-up RC drilling has extended the previously reported zone of gold mineralisation, with results including 5m at 14.8g/t gold from 14m from 188m (MSRC0004).

Results demonstrate resource extension potential

Prior to the discovery at Hemi, the Withnell trend was the largest gold deposit (723,000 ounces gold) in the Mallina Basin.

And previous exploration at the Calvert gold deposit has defined a shallow resource of 52,000 ounces gold.

De Grey (ASX:DEG) general manager exploration Phil Tornatora says the new results to the west of Hemi “continue to demonstrate the exploration and resource extension potential of the company’s 150km long tenement package.”

“This success follows renewed regional exploration activity with the establishment of a dedicated regional exploration team earlier this year in parallel with the company’s focus at Hemi.

“The company is committed to continuing exploration across its tenement package in parallel with project studies and development activities.”

Pic: De Grey’s tenement holdings, Pilbara WA.

Aircore drilling underway at Geemas and Charity Well

Exploration has commenced with aircore drilling at the Geemas prospect this week and will move on to the Charity Well prospect in the western end of the tenement package to test intrusion-related targets.

“The aim of the exploration is to make new significant discoveries and to achieve meaningful extensions to existing regional resources that will enhance the production potential recently demonstrated in the company’s recent scoping study,” Tornatora said.

“Drilling will return to Withnell, Calvert and Gillies following initial drilling at the Geemas and Charity Well intrusion prospects and the Mallina shear-hosted target.”

 


 

 

This article was developed in collaboration with De Grey Mining, a Stockhead advertiser at the time of publishing.

 

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

The post De Grey confident of resource growth potential at regional targets appeared first on Stockhead.

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