LAC - Lithium Junior Miners News For The Month Of January 2024

2024-01-27 00:24:52 ET

Summary

• Lithium carbonate spot prices were flat, and lithium hydroxide and spodumene spot prices were lower the past month.
• Lithium market news - AustralianSuper swoops on lithium stocks after price plunge. Will Adams: Lithium orders to start flowing upstream again either towards the end Q1, or early Q2, 2024.
• Junior lithium miner company news - Liontown Resources commenced a review of the planned expansion and associated ramp-up of Kathleen Valley to preserve capital.
• Delta Lithium Total Maiden Resource estimate of 25.7Mt @ 1.0% Li2O. Atlas Lithium drills 47.00m @ 1.44% Li2O from 59m depth. Winsome Resources drills 68.1m at 1.11% Li2O from 17.5m.
• American Lithium Corp. updated PEA for Falchani highlights robust economics after-tax NPV8% triples to US$5.11 billion, IRR 32.0%. Wealth Minerals positive PEA for the Kuska project, Ollagu?e, Chile.

Welcome to the January 2024 edition of the 'junior' lithium miner news. We have categorized those lithium miners that are not in production as the juniors. Investors are reminded that many of the lithium juniors will most likely be needed in the mid and late 2020's to supply the booming electric vehicle [EV] and energy storage markets. This means investing in these companies requires a higher risk tolerance and a longer time frame.

January saw lower lithium prices flat (carbonate) to lower (hydroxide, spodumene). Despite the low lithium prices the lithium juniors continue to progress well.

Lithium price news

Asian Metal reported during the past 30 days, the China delivered lithium carbonate (99.5% min.) spot price was down 0.45% and the China lithium hydroxide (56.5% min.) price was down 4.57% . The Lithium Iron Phosphate (3.9% min) price was down 1.54% . The Spodumene (6% min) price was down 8.06% over the past 30 days....

For further details see: