MG L-type

North American Lithium 2.0: High-Grade Lithium Concentrations Attract Global Financing Attention

Retrieved on: 
Martedì, Dicembre 5, 2023

LONDON, Dec. 5, 2023 /PRNewswire/ -- Lithium 2.0 is all about North America and some of the biggest new discoveries in the world.  While this may be against the backdrop of bad times for lithium stocks overall, it has actually created a situation in which lithium companies are significantly undervalued, yet of critical importance to our energy transition future.  Mentioned in today's commentary includes:  FMC Corporation (NYSE: FMC), Livent Corporation (NYSE: LTHM), Freeport-McMoRan Inc. (NYSE: FCX), Compass Minerals International, Inc. (NYSE: CMP), Rio Tinto Group (NYSE: RIO).

Key Points: 
  • EMP Metals has over 200,000 acres here in the most advantageous area of South Saskatchewan's Williston Basin: The Duperow formation, which is fast becoming the flashpoint for North American battery metals.
  • Viewfield and Mansur tested up to 259 mg/L and 148 mg/L respectively, lithium in brine.
  • The preliminary assessment confirmed a high-quality Inferred Resource of 1.2 million tonnes of lithium carbonate equivalent (LCE) at a weighted average grade of 143 mg/L.
  • To put these concentrations into perspective, the 259 mg/L EMPS tested at Viewfield is the highest concentration among explorers in the Leduc/Duperow Lithium area, and among the highest on record in North America.

North American Lithium 2.0: High-Grade Lithium Concentrations Attract Global Financing Attention

Retrieved on: 
Martedì, Dicembre 5, 2023

LONDON, Dec. 5, 2023 /PRNewswire/ -- Lithium 2.0 is all about North America and some of the biggest new discoveries in the world.  While this may be against the backdrop of bad times for lithium stocks overall, it has actually created a situation in which lithium companies are significantly undervalued, yet of critical importance to our energy transition future.  Mentioned in today's commentary includes:  FMC Corporation (NYSE: FMC), Livent Corporation (NYSE: LTHM), Freeport-McMoRan Inc. (NYSE: FCX), Compass Minerals International, Inc. (NYSE: CMP), Rio Tinto Group (NYSE: RIO).

Key Points: 
  • EMP Metals has over 200,000 acres here in the most advantageous area of South Saskatchewan's Williston Basin: The Duperow formation, which is fast becoming the flashpoint for North American battery metals.
  • Viewfield and Mansur tested up to 259 mg/L and 148 mg/L respectively, lithium in brine.
  • The preliminary assessment confirmed a high-quality Inferred Resource of 1.2 million tonnes of lithium carbonate equivalent (LCE) at a weighted average grade of 143 mg/L.
  • To put these concentrations into perspective, the 259 mg/L EMPS tested at Viewfield is the highest concentration among explorers in the Leduc/Duperow Lithium area, and among the highest on record in North America.