SQM News and Press, Sociedad Quimica y Minera S.A. From 10/07/20

The demand for large-scale battery storage, shift to EVs, and growth in consumer electronics have increased the demand for lithium-ion batteries. The current battery cost for EVs is $156/kilowatt-hour. Analysts estimate that the cost will drop to $100/kilowatt-hour in 2024. Though...

Are These The Best Lithium Stocks To Energize Your Portfolio? Lithium stocks are getting more popular among investors in the stock market today . This appears to be the case after lithium demand began to show signs of outweighing supply. The metal has long been used for indu...

EV momentum has been strong, even as auto sales haven't been the best due to the pandemic. Growth in EV stock is expected to reach at least 140 million by 2030 in comparison to 7.2 million in 2019. Demand for batteries will increase demand for necessary elements nickel, cobalt and...

“There’s only one thing standing between Tesla and world domination,” reports Barron’s, “the global supply of lithium. And that’s good news for lithium producers.” For the company to build up to 30 million EVs by the end of the decade, it...

Livent (LTHM) +9.7% pre-market after unveiling an agreement with E3 Metals that updates a development plan to advance E3's direct lithium extraction technology.The companies say they continue to work towards the goal of producing a commercial sorbent and process, and the development work...

Are These The Lithium Stocks To Buy Amid The EV Revolution? The gradual shift toward electric vehicles has put lithium stocks onto investors’ radar. We’ve seen renewed interest in lithium stocks following Tesla’s Battery Day last week. Of course, the...

Tesla ([[TSLA]] +1.1%) has secured its own lithium mining rights in Nevada after dropping a plan to buy Cypress Development Corp. (CYDVF), sources tip Bloomberg.During the Battery Day event last week, Elon Musk mused quite a bit about how easy it might be to extract lithium from clay deposits...

Lithium prices were mixed for the month but remain low. Lithium market news - EU sounds alarmed on critical raw materials shortages - needs 18x more lithium by 2030, 60x by 2050. BMI is tracking 167 megafactories (2,697GWh) by 2028. Junior lithium miner company news - Neo Lithium ...

Piedmont Lithium ([[PLL]] +312.2%) shares more than quadruple following news it signed a sales agreement with Tesla to supply lithium raw material spodumene concentrate.The news of a 5-10 year supply agreement strongly suggests Tesla is not expecting to become wholly independent of lithium su...

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...