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While all of these figures make the mine sound pretty nice, there is still far more work that needs to be done. The presence of lithium doesn’t always equate to the ability to extract lithium. For lithium brine producers the two main aspects are the brine evaporation using evaporation ponds, then the final processing plant where impurities are removed. Neo Lithium is advancing very well on the ponds and once funded for project construction can build the processing plant. Neo Lithium has already proven they can produce battery grade lithium carbonate at 99.599% purity.

You’ve heard us go on and on at InvestorIntel about the importance of lithium, perhaps no more clearly than this article by Jack Lifton . So I won’t pound the table anymore on that topic as long as you read Jack’s article. Founded in 2015 with a registered capital of 20 million yuan ($3 million), Zingto (翔拓 xiángtà) is a drone and technology company focusing on industrial applications based out of Hebei Province. The company makes different types of fixed-wing and multi-rotor drones. Its three-axis optoelectronic pods are best sellers in the market for cameras on moving vehicles.

NTTHF : Neo Lithium Corp

More recently the International Energy Agency forecast lithium demand to increase between 13x and 42x from 2020 to 2040. While existing lithium producers can expand supply new lithium miners will potentially be needed to fill the supply gap, particularly from 2025 onward. The Neo Lithium project, which is located in the so-called “Lithium Triangle”, is where an estimated 40% of global lithium production originates in an area that holds more than 90% of the world’s lithium brine resources. 0 brokers have issued 1 year price objectives for Neo Lithium’s shares. On average, they anticipate Neo Lithium’s stock price to reach C$6.50 in the next year.

According to the company, the 3Q project is the fifth largest known lithium brine deposit in the world. This obviously provides a considerable advantage, in the sense that the sheer size represents large extraction potential, but there’s more to a mine than just size. The company is the sole owner of one of the largest lithium brine deposits in the world that, with effective management, is on the way to production.

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All going well a final investment decision would then be made, project construction would occur over about 1 year, and then begin lithium production in 2022. Investors should note that miners don’t always hit these targets, and should view them as aspirational. This should result in the 3Q Project having industry lowest quartile operating expenses (OpEx forecast of dukascopy bank andre duka US$2,914/t LCE) and also low capital intensity; that is the CapEx required to produce a certain amount of lithium carbonate equivalent . Neo Lithium 100% own, and has fully paid, their 3Q lithium project in Argentina. This means they won’t ever have an issue of competing for lithium from their salar, unlike several other lithium brine miners who share their salar.

The 3Q Project has the 4th highest lithium grade globally, or the 3rd highest if counting only their high grade core. The average grade to be mined for the first 10 years is forecast to be 1,000 mg/L lithium. Electric vehicles currently represent less than 4% of the market share but are expected to grow to 30% in the next 10 years. Neo Lithium has been operating test evaporation ponds for more than three years and a pilot lithium carbonate plant for almost two years.

MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. Развернуть The dual-listed developer said its latest scoping study, which upgrades Carolina Lithiums projected financial performance and annual production target, highlights the assets robust economics and sustainability. Primarily lithium compounds are used in manufacturing of Li-ion batteries, lithium-based lubricants and glass & ceramics, along with use as catalysts in polymers & metallurgy and medical denture casting. They initiated coverage on four of the largest lithium exploration and development companies listed in Canada, which account for roughly one-third of that market. But the recent pullback in spot lithium carbonate prices has caused a correction in equities exposed to lithium exploration and development.

Alpha Lithium is in the investigation stage for a project in the nearby Salar Tolillar, one of many early-stage developments that – while offering promise – need an often long and costly process to be turned into a reality. Already the fourth top producer of lithium worldwide, Argentina’s national and local governments are now looking to speed up development, held back for years by red tape, high tax rates, rampant inflation and currency controls. During the quarter, Infinity, through San José Joint Venture (‘JV’) entity Tecnologia Extremeña Del Litio S.L. (‘TEL’) and with authority under the revised JV amendment with Project JV partners Valoriza Mineria S.L.U. (‘VM’), continued to contest the cancellation PIV through a contentious-administrative appeal.

Based on the region, the lithium compounds market has been segmented into:

These transactions are clear signs that CATL is looking to secure its supply of key battery ingredients. Level 3 – investment which valuation technique is based on non-observable market inputs. However, analysts at Canaccord Genuity point out that contract lithium prices have remained firm, thereby creating an attractive entry point for investors. Driven largely by energy grid storage and electric vehicle battery usage, annual demand for the commodity rose 26 per cent in 2016, and is set to climb to 39 per cent in 2018 and 73 per cent by 2025. The firm is running a pilot plant on the flats, almost 4,000 meters above sea level. It pumps brine through pipes 30 meters below the ground, which is then refined to produce lithium carbonate.

At heart Chris is a quant – like the “rocket scientists” of investing – with a specialty in applying advanced mathematics like stochastic calculus, linear algebra, differential equations, and statistics to Wall Street’s data-rich environment. My recommendation is to buy or add to your NTTHF position up to $3.75, and add or adjust your trailing stop when the shares hit $4 to protect your principal and your profits. Which means any volatility move could be accelerated by an increase in trading volume as investors feel the FOMO and chase this stock higher. Meanwhile, the 20-day MA – my beloved “Trader’s Trendline” – is bullish and adding support to current levels. Big-cap tech stocks, always sensitive to interest rate shenanigans, have particularly taken it on the chin over the past few sessions. Graf+® graphite powders can be added to a range of polymers to enhance thermal and electrical conductivity, reduce degradation to UV radiation, and increase insulation value in foams and boards.

For best practices on efficiently downloading information from SEC.gov, including the latest EDGAR filings, visit sec.gov/developer. You can also sign up for email updates on the SEC open data program, including best practices that make it more efficient to download data, and SEC.gov enhancements that may impact scripted downloading processes. To allow for equitable access to all users, SEC reserves the right to limit requests originating from undeclared automated tools. Your request has been identified as part of a network of automated tools outside of the acceptable policy and will be managed until action is taken to declare your traffic. In its press-release, GM pointed out that it has contractually secured all battery raw materials to support its goal of 1 million units of EV capacity in North America by the end of 2025.

Neo Lithium: Going Left When Others Go Right

I participated in the private placement and bought 1 million shares. Had two calls with their investor relations guy and one 90 minute call with Mikes Rideout, their VP Exploration down in Argentina. With this $5 million they’ll raise, they’ll be able to potentially acquire more property and also pay for the geo physics at all sites, the exploration holes at three sites, and the pump tests at Rincon.

The data triangulation and market breakdown procedures were used, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments of the market. The data was triangulated by studying various factors and trends from both, the demand and supply sides. In addition to this, the market size was validated using both, the top-down and bottom-up approaches. In accordance with the Paris Climate Agreement, many governments across the world are encouraging the use of electric vehicles to reduce their carbon footprint.

These electric vehicles use Li-ion batteries as their sole energy source and hence, result in zero emission through their exhausts. Governments of countries like Norway, Iceland, China, and the UK have provided heavy subsidies and tax omissions to buyers of electric vehicles, which has propelled the growth of this segment. Extension of MoU with LG Energy Solution to progress the future definitive offtake agreement for the long-term supply of battery grade lithium hydroxide.

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Additionally, its major trend lines, including that all-important MA20 “Trader’s Trendline” are all trending up. I think this stock could make another run at its $1.97 high and then some. Grab this one at market, then apply a 10% trailing stop when shares hit $1.97 to protect yourself.

With the recent financing, Neo Lithium has a significant cash position of approximately C$59 million although it plans to spend at least C$30 million this year to advance the construction of the evaporation ponds. The 3Q Project is one of the highest-grade lithium deposits in the world with an average grade of over 1000 mg/litre of lithium. Cielo, a waste to renewable fuel company, has a patented technology that converts landfill garbage into renewable high-grade diesel used in transport trucks and kerosene used for aviation jet and marine fuel. Investors are taking a deeper dive into corporations, looking beyond financial metrics and into a company’s Environmental, Social, and Governance standards as a measure of its commitment to all stakeholders, including a healthier planet. Lithium Energy trades on a market cap of just A$30 million (US$22 million). The November 2017 Rose Project Stage 1 Phase 1 Feasibility Study resulted in a post-tax NPV8% of C$726 million with a post-tax IRR of 34.9%, and a CapEx of C$341 million, over a 17 year mine life.

What is Neo Lithium’s stock price today?

Doubts, however, remain about whether Argentina can rev up its lithium output in the way it has promised. Half a decade ago, under a business-friendly government, the country expressed ambitions to overtake larger producer Chile but failed to do so. That would be a huge ramp-up, equivalent to around one-fifth of forecast global production that year. Salta’s Secretary of Mining and Energy, Flavia Royon, told Reuters the province could produce 200,000 tonnes of lithium carbonate equivalent annually by 2025, after flicking though a list of upcoming lithium developments.

Widespread use of CCS captures over 174 gigatons of carbon dioxide over the outlook to 2050, in our Gray scenario. The Canadian company accepted CATL’s offer, which outweighed rival company Ganfeng Lithium Co Ltd’s $3.60 CAD ($2.85 USD) per share. CATL also agreed to reimburse Millenial lqdfx Lithium for the termination fee of $10 million it had paid to Ganfeng. The CATL Arrangement was already unanimously approved by Millennial Lithium’s Board of Directors. Tesla battery supplier will get Millennial Lithium’s two mining projects in lithium-rich Argentina.

Following this, the company’s DFS release will close the year’s major catalysts, though the start of construction at the end of the year will offer another slight boost. While some of these may not come exactly when expected, it is fair metodo simplex en python to assume that they will come before the end of the year, though the start of construction has the potential to fall into early next year. With this, I would expect Neo Lithium to reach a share price of $3.75 by the end of the year.

Our Red Scenario assumes smaller, modular nuclear is deployed to complement wind, solar and battery technology in the power sector, with dedicated nuclear plants manufacturing so-called “red hydrogen”. This year’s analysis has been designed to support strategy development and long-term planning, especially in the lead-up to COP26 in November. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants annually in high growth emerging segments.

In April China EV sales jumped 173% YoY and reached 10% market share. Booming EV sales means booming demand for EV metals, such as lithium, cobalt, graphite, nickel, manganese, copper, and neodymium and praseodymium . It is still very early days with a resource update planned for Q4, 2021. Global Lithium trades on a market cap of just A$35 million (US$25.5 million). Contemporary Amperex Technology Ltd (China’s largest battery manufacturer) is a strategic 8% equity partner with board representation and pre-emptive rights.