PILBF News and Press, Pilbara Minerals Ltd From 12/24/20

Lithium prices were higher for the past month, boosted by record EV demand in Europe and China. Lithium market news - Li-ion battery prices continue to fall in 2020, EV/ICE parity nears (Bloomberg hints at 2023 parity). Lithium company news - SQM signs long-term lithium contract w...

Pilbara Minerals ([[PILBF]] +4.2%) has agreed to buy the lithium assets of troubled peer Altura Mining for $175M, in further sector consolidation on lithium recovery bet.Altura entered receivership in October following prolonged weakness in the raw battery materials market that was worse...

Lithium prices were mixed for the past month but generally flat. Lithium market news - Wood Mackenzie - The big five transition metals are copper, aluminium, nickel, cobalt and lithium. CATL to invest $5.1b for a Li-ion battery factory in Indonesia. US trade group formed that is c...

Lithium prices were mixed for the past month. Lithium market news - EU sounds alarm on critical raw materials shortages - Needs 18x more lithium by 2030, 60x by 2050. BMI is tracking 167 megafactories (2,697GWh) by 2028. Tesla expects significant (battery) shortages in 2022 and be...

Welcome to the August 2020 edition of the lithium miner news. August saw lithium prices mixed and generally flat and a lot of very positive lithium market news around Li-ion battery capacity expansions the next five years to cater for the EV boom. The lithium majors reported reduced earnings...

Welcome to the July 2020 edition of the lithium miner news. July saw lithium prices only slightly lower and further significant moves by companies (BMW) and countries [UK] to secure lithium supply and invest in lithium-ion battery megafactories. Depressed lithium prices continue to subdue the ...

This article first appeared on Trend Investing on July 14, 2020; therefore all data is as of this date. Led by Tesla ( TSLA ) the electric vehicle [EV] manufacturers have surged higher the past year, especially the past month. The EV battery manufacturers have also mostly done quite well...

Welcome to the June 2020 edition of the lithium miner news. June saw lithium prices slightly lower as they appear to be forming a bottom. Lithium spot and contract price news During June, 99.5% lithium carbonate China spot prices were down 2.16% . Lithium hydroxide prices were down 1....

Welcome to the May 2020 edition of the lithium miner news. May saw lithium prices slightly lower, and some financial results from the majors as the industry struggles along due to low lithium prices. Despite this, the medium and long term outlook continues to brighten. Lithium spot and cont...

Welcome to the April 2020 edition of the lithium miner news. April saw lithium prices slightly lower, and both demand and supply disruptions due to COVID-19. Argentina allowed lithium miners to recommence. Lithium spot and contract price news During April, 99.5% lithium carbonate China s...