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Lake recently signed offtake agreements covering 100% of Kachi’s production. It lined up financing partners that will provide it with very favorable rates. The Kachi project continues to advance smoothly towards its 2024 start date. For further details see: Lake R...
After a stellar run in the last two years, shares of electric vehicle giant Tesla (NASDAQ:TSLA) are trading 21% below all-time highs, valuing the company at US$1 trillion by market cap . Despite the ongoing pullback, Tesla has returned an astonishing 20,330% to investors since i...
VANCOUVER, April 14, 2022 (GLOBE NEWSWIRE) -- Lithium Americas Corp. (TSX: LAC) (NYSE: LAC) ("Lithium Americas" or the "Company") is pleased to announce the Company has submitted a formal application to the US Department of Energy (“ DOE ”) Loan Programs Office (ȁ...
Elon Musk comments on lithium and how Tesla might enter "mining and refining directly at scale". Cypress Development and Lithium Americas are top logical contenders to pair up with. Cypress buys out neighbor's lithium project and announced favorable pilot plant results. In other n...
TORONTO, April 11, 2022 (GLOBE NEWSWIRE) -- Arena Minerals Inc. ("Arena" or the "Company") (TSX-V: AN) is pleased to announce it has completed drilling of its first diamond drill hole (DD-02) at the Sal de la Puna Project (“SDLP Project”) located in the Pastos Grandes basi...
Current and planned lithium supply may not be enough to meet growing demand. Producer nations are nationalizing domestic resources, forcing the US to foster a domestic production base. LAC possesses a premier US lithium property far along the approval process. For further de...
The S&P Materials sector and the Materials Select Sector SPDR (NYSEARCA:XLB) concluded the trading week with a slight dip of -0.7%. Copper and aluminum prices rebounded on Friday following two days of declines, helped by tight supply, firmer oil prices and hopes of more Chinese stimu...
The S&P 500 energy sector (NYSEARCA:XLE) jumped 3.2% for the week even as crude oil futures fell, as several countries joined the U.S. in releasing crude reserves. WTI crude for May delivery (CL1:COM) closed the week -1% at $98.26/bbl, a modest move in light of the commitment by member na...
Gainers: Borr Drilling (BORR) +13%. Frontline (FRO) +12%. Ardmore Shipping (ASC) +11%. Euronav (EURN) +10%. Berry (BRY) +9%. Losers: Advent Technologies Holdings (ADN) -11%. Lithium Americas (LAC) -10%. Arcadia Biosciences (RKDA) -10%. American Resources (AREC) -6%. Nine Energy Serv...
Despite an increase in cost of revenues by 31.67%, Livent still registered a 134% increase in gross profit at $93.6 million in 2021 from $40 million in 2020. With the new Presidential directive, Livent will benefit from among other things, cheap government loans lower project costs an...
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