PILBF - Lithium Miners News For The Month Of March 2021
- Lithium prices surged higher the past month.
- Lithium market news - UBS forecasts overall lithium demand to lift 11-fold from ~400kt in 2021 through to 2030. Carmakers desperate to find reliable EV battery supply.
- Lithium company news - Galaxy Resources James Bay - Pre-tax NPV8% of US$560m, and pre-tax IRR of 39.6%, CapEx of US$244 million with payback period of 2.2 years.
- Pilbara Minerals announced Yibin Tianyi offtake and product prepayment agreement. AMG Brazil has entered into an Exclusive Cooperation Agreement for 40ktpa spodumene over 5 years.
For further details see:
Lithium Miners News For The Month Of March 2021