NMKEF News and Press, Nemaska Lithium Inc From 09/22/19

Welcome to the September 2019 edition of the lithium miner news. This past month saw lower lithium prices and several announcements by the lithium miners to reduce lithium supply and address the current lithium oversupply problem. Lithium spot and contract price news During July, 99% lit...

Quebec-focused Nemaska Lithium (TSX: NMX ,OTCQX:NMKEF) is facing another financing challenge after announcing US$350 million in bonds would be repaid due to a delay in construction at its Whabouchi mine.    The bonds were part of Nemaska’s C$1.1 billion financing efforts l...

• Nemaska Lithium informed the Nordic Trustee that it acknowledges the set-off of the Nominal Amount of the Senior Secured Bonds plus accrued interest • The Corporation filed an application with the Court seeking the discharge of the security which secured the Senior ...

Welcome to the August 2019 edition of the lithium miner news. This past month saw lithium prices continue to fall due to lithium oversupply, not helped by a slowdown in Chinese electric car sales in July (after the subsidy removal). In response, Albemarle (ALB) announced it will delay its expa...

Play Video At the end of June, a partial mine collapse was reported at Kamoto Copper Company’s KOV copper -cobalt mine in the Democratic Republic of Congo (DRC), leaving dozens of miners dead. In July...

Welcome to the July 2019 edition of the lithium miner news. This past month saw lithium prices drift lower, and a busy month of lithium market and company news (Altura Mining had three big news items). A key recent trend has been more Li-ion megafactories (now at 91) planned, and a move for mo...

Lithium producers capable of developing processing capabilities could be in a position to secure higher margins for their products.  Global demand for lithium is expected to grow steadily over the next decade, with energy storage, particularly as it relates to electric vehicles (EVs...

On February 13, Nemaska Lithium ( NMKEF ) shocked the markets with an announcement of a C$375 million cost overrun at its lithium development project. The share price tanked to levels last seen in 2015, as it was not known, how the project development will progress. Slightly more than five m...

At the end of last week, Canada’s S&P/TSX Composite Index (INDEXTSI: OSPTX ) was down by 8.29 points, or a miniscule 0.05 percent, to 16,485.94 on Friday (July 19). In general news, tensions between Iran and the West appear to be heating up as the US claims it shot down...

Nemaska Lithium ( OTCQX:NMKEF +43% ) skyrockets after receiving a letter of intent from The Pallinghurst Group for the financing of the Whabouchi lithium project in Quebec. More news on: Nemaska Lithium Inc., Commodities news, Stocks on the move, Read more ...