RRSSF News and Press, Neometals Ltd From 01/26/23

Summary Lithium chemical and spodumene prices were lower the past month. Lithium market news - S&P Global: Lithium prices likely to see support from tight supply, bullish EV demand. Junior lithium miner company news - Leo Lithium Total Goulamina Resource increased by 31% to 142....

Summary Europe vanadium pentoxide spot prices were higher in the past 30 days. China and Europe ferrovanadium prices were higher. Vanadium market news - Battery demand for vanadium from VRFB to change the vanadium market. Vanadium Flow Batteries could leapfrog over pumped hydro for long...

Summary Lithium chemical and spodumene prices were slightly lower the past month as cathode makers held off purchases due to a feared Q1 2023 China EV sales slowdown. Lithium market news - Demand estimate for 2023 is we will need a million tonnes LCE. Whether there's supply that will be...

Summary Europe vanadium pentoxide spot prices were slightly higher the past 30 days. China and Europe ferrovanadium prices were flat. Vanadium market news - VRFB's starting to take-off as predicted. Shanghai Electric Energy Storage Technology Co's 3GWh of vanadium battery orders i...

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 Europe vanadium pentoxide spot prices were flat the past 30 days. China ferrovanadium prices were slightly higher, Europe ferrovanadium prices were slightly lower. Vanadium market news - With lithium prices hitting records, there isn’t enough of the metal (lithium) ...

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 Europe vanadium pentoxide spot prices were slightly lower the past 30 days. China ferrovanadium prices were higher, Europe ferrovanadium was lower. Vanadium market news - The U.S. Inflation Reduction Act should boost demand for VRFBs used in stationary energy storage, help...

Europe vanadium pentoxide spot prices were significantly lower the past 30 days. China and Europe ferrovanadium prices were also significantly lower. Vanadium market news - First phase of 800MWh world biggest flow battery commissioned in China. U.S installs 5GWh of battery storage in ...

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...