- Lithium prices were up strongly again the past month. BMI - Lithium prices may head to US$40,000/t in China.
- Lithium market news - Demand for lithium is outstripping the rate supply is growing by double. Rio Tinto says 60 Jadar mines wouldn’t fill looming lithium gap.
- Junior lithium miner company news - Sigma Lithium & LG Energy Solution sign 6-year binding off-take. Standard Lithium PEA after-tax NPV 8% of US$1.97B, IRR of 32.1%.
- Zijin Mining offers to acquire Neo Lithium Corp. for C$6.50. CATL offers to acquire Millennial Lithium Corp. for C$377m. Iconic Mineras Bonnie Claire PEA - After-tax NPV 8% of $1.5 billion, 23.8% after-tax IRR.
For further details see:
Lithium Junior Miners News For The Month Of October 2021