PLL - Lithium Junior Miners News For The Month Of April 2022

• Lithium prices were slightly down (except spodumene significantly up) the past month.
• Lithium market news - BMI: Lithium ion battery pipeline breaks the 6 TWh capacity by 2030 and will require 5 million tpa of lithium by 2030 (10.4x increase on 2021).
• Junior lithium miner company news - POSCO Holdings begins construction of $830M lithium plant in Argentina. Lake Resources signs off-take MOU with Hanwa and off-take agreement with Ford.
• Wealth Minerals announces agreement for acquisition of Ignace REE Lithium Property in Ontario, Canada. Rio Tinto completes acquisition of Rincon Lithium project. Alpha Lithium closes 3,800 hectare acquisition in Hombre Muerto, Argentina.
• Avalon Advanced Materials signs binding LOI Partnership Agreement to establish Ontario's first regional Lithium Battery Materials Refinery in Thunder Bay, Canada.

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