LXENF News and Press, Lithium Energi From 10/26/22

Summary Lithium chemical and spodumene prices were higher again the past month reaching new record highs. Lithium market news - U.S. government awards $2.8 billion of grants. BMI: Lithium has to scale twenty times by 2050 (from 2021 levels) as automakers face generational challeng...

Summary Lithium chemical and spodumene prices were higher the past month. China lithium carbonate spot passes CNY 500,000/t and along with lithium spodumene hits a new record high. Lithium market news - BMI: We need 74 new 45,000tpa LCE lithium mines (59 if include recycling) by 2...

Summary Lithium chemical and spodumene prices were higher the past month. The lithium market is booming. Lithium market news - USA Inflation Reduction Act passed, supports EVs. IEA: Need 50 new average-sized lithium mines by 2030. Junior lithium miner company news - Frontier L...

Lithium chemicals prices were flat the past month and spodumene prices were slightly higher. Morningstar forecasts lithium at $70,000 per metric ton in 2023 and averaging in the mid-$30,000 range this decade. Lithium market news - BMI: The energy storage revolution has arrived. Lithiu...

Lithium chemicals prices were higher the past month and spodumene prices were higher. Lithium market news - Congress and Pentagon seek to shore up strategic mineral stockpile. SA report - "Goldman wrong on lithium pessimism, specialty analysts say." Junior lithium miner company ne...

Lithium chemicals prices were slightly lower the past month due to China COVID lockdowns & lower China EV sales; however, spodumene prices were significantly higher. Lithium market news - USA and Canada increase support for the EV supply chain. BMI global gigafactory pipeline at 3...

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 ...

Lithium prices surged higher, then stabilized the past month. Lithium market news - USA and Ontario Canada both announced support for local critical minerals miners and to boost the local supply chain. Junior lithium miner company news - Sayona Mining doubles Québec lithium r...

Lithium prices surged higher again the past month. The China spot lithium carbonate price has reached a record US$70,585/t. Lithium market news - ERG: Energy transition is a driving trend "with all the ingredients of a new supercycle". Pentagon plans to boost the stockpile of lithium....

Lithium prices were significantly higher the past month and at record levels. Lithium market news - The scramble for EV battery metals is just beginning. A lithium shortage is coming, and automakers might be unprepared. Junior lithium miner company news - Sigma Lithium raises C$13...