POSCO

Site Survey Confirms Sodium Carbonate Potential at Laguna Santa Maria

Retrieved on: 
Friday, March 1, 2024
Lithium, ISO, Ganfeng Lithium, CO3, OTC, POSCO, Calcium carbonate, LMS, Lithium Corporation of America, Geri McGee, Best, Lithium carbonate, History, National instrument, HCO3, Sodium, Quality assurance, Perforation, Reagent

Soda ash is a critical reagent required to produce lithium carbonate; each tonne of lithium carbonate produced utilizes two tonnes of soda ash in processing.

Key Points: 
  • Soda ash is a critical reagent required to produce lithium carbonate; each tonne of lithium carbonate produced utilizes two tonnes of soda ash in processing.
  • Currently, much of the soda ash supply for the production of lithium carbonate in Argentina is sourced outside the country.
  • The 260 hectare Laguna Santa Maria appears as a salar or salt flat.
  • Work to date has included a Vertical Survey and a site visit with limited sampling.

NMG Announces Offtake Agreement with GM for Canadian Graphite and US$150 Million Equity Investment

Retrieved on: 
Thursday, February 15, 2024
EV, Electric Vehicles, Other Energy, Other Natural Resources, Mining, Minerals, Alternative Energy, Alternative Vehicles, Fuels, Batteries, Energy, Technology, Automotive, Natural Resources, Automotive Manufacturing, Manufacturing, EVS, Climate change mitigation, Engineering, General Motors, Cadillac, Investment, Growth, Benchmark Mineral Intelligence, Exercise, Warrant, Indian stock exchange, POSCO, GM, Project, Supply, Tranche, Graphite, First Nations, Interview, Communication, TSX Venture Exchange, Multimedia, ESG, Metal, FID, Inflation, NOU, EDGAR, Renewable energy

GM also commits to subscribe for a further US$125 million of equity upon the successful completion of conditions precedent and a positive final investment decision (“FID”) (the “Tranche 2 Investment” and together with the Tranche 1 Investment, the “Transaction”).

Key Points: 
  • GM also commits to subscribe for a further US$125 million of equity upon the successful completion of conditions precedent and a positive final investment decision (“FID”) (the “Tranche 2 Investment” and together with the Tranche 1 Investment, the “Transaction”).
  • NMG and GM will also enter into an investor rights agreement (the “Investor Rights Agreement”) which includes registration rights at the closing of the Tranche 1 Investment.
  • The Investor Rights Agreement also provides GM with certain rights relating to its investment in NMG, including certain board nomination and anti-dilution rights.
  • Copies of the Subscription Agreement, the Offtake Agreement, and the Investor Rights Agreement will be available on the Company’s page on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov .

Argentina's Lithium Boom: How the Nation is Set to Dominate Global Supply by 2030

Retrieved on: 
Thursday, February 8, 2024
Lithium, LCE, Technical report, Pastos Grandes, Acquisition, PEA, Lithium Corporation of America, News, TSX, Growth, Mining, NPV, History, OTC, Thacker Pass Lithium Mine, DLE, NewCo, POSCO, Process optimization, Indian stock exchange, Lithium Triangle, Mineral, Cauchari, LAAC, IDC

VANCOUVER, BC, Feb. 8, 2024 /PRNewswire/ -- USA News Group  -  In the race to secure new supplies of lithium, one country appears to be surging ahead of others in terms of production and export growth, and that country is Argentina. Amid the current lithium boom, Argentina's mining exports are set to reach around $4.5 billion in 2023, amid strong prices and the launch of a new lithium mine. Thanks to ambitious innovation in lithium extraction methods, including Direct Lithium Extraction (DLE), plenty of firms are aiming to prove their efforts are working. With analysts projecting that production in Argentina could more than triple by 2030, the country is being primed to become the epicenter of new stage of lithium supply. Among the top stories coming from Argentina's lithium landscape include developments from Lithium South Development Corporation (TSX-V:LIS) (OTCQB:LISMF), Alpha Lithium Corporation (OTCPK:APHLF), Lithium Americas Corp. (NYSE:LAAC) (TSX:LAAC), Allkem Limited and Livent Corporation (NYSE:LTHM).

Key Points: 
  • Amid the current lithium boom, Argentina's mining exports are set to reach around $4.5 billion in 2023 , amid strong prices and the launch of a new lithium mine.
  • Thanks to ambitious innovation in lithium extraction methods, including Direct Lithium Extraction (DLE), plenty of firms are aiming to prove their efforts are working.
  • With analysts projecting that production in Argentina could more than triple by 2030, the country is being primed to become the epicenter of new stage of lithium supply .
  • Among the top stories coming from Argentina's lithium landscape include developments from Lithium South Development Corporation (TSX-V:LIS) (OTCQB:LISMF), Alpha Lithium Corporation (OTCPK:APHLF), Lithium Americas Corp. (NYSE:LAAC) (TSX:LAAC), Allkem Limited and Livent Corporation (NYSE:LTHM).

Argentina's Lithium Boom: How the Nation is Set to Dominate Global Supply by 2030

Retrieved on: 
Thursday, February 8, 2024
Lithium, LCE, Technical report, Pastos Grandes, Acquisition, PEA, Lithium Corporation of America, News, TSX, Growth, Mining, NPV, History, OTC, Thacker Pass Lithium Mine, DLE, NewCo, POSCO, Process optimization, Indian stock exchange, Lithium Triangle, Mineral, Cauchari, LAAC, IDC

VANCOUVER, BC, Feb. 8, 2024 /PRNewswire/ -- USA News Group  -  In the race to secure new supplies of lithium, one country appears to be surging ahead of others in terms of production and export growth, and that country is Argentina. Amid the current lithium boom, Argentina's mining exports are set to reach around $4.5 billion in 2023, amid strong prices and the launch of a new lithium mine. Thanks to ambitious innovation in lithium extraction methods, including Direct Lithium Extraction (DLE), plenty of firms are aiming to prove their efforts are working. With analysts projecting that production in Argentina could more than triple by 2030, the country is being primed to become the epicenter of new stage of lithium supply. Among the top stories coming from Argentina's lithium landscape include developments from Lithium South Development Corporation (TSX-V:LIS) (OTCQB:LISMF), Alpha Lithium Corporation (OTCPK:APHLF), Lithium Americas Corp. (NYSE:LAAC) (TSX:LAAC), Allkem Limited and Livent Corporation (NYSE:LTHM).

Key Points: 
  • Amid the current lithium boom, Argentina's mining exports are set to reach around $4.5 billion in 2023 , amid strong prices and the launch of a new lithium mine.
  • Thanks to ambitious innovation in lithium extraction methods, including Direct Lithium Extraction (DLE), plenty of firms are aiming to prove their efforts are working.
  • With analysts projecting that production in Argentina could more than triple by 2030, the country is being primed to become the epicenter of new stage of lithium supply .
  • Among the top stories coming from Argentina's lithium landscape include developments from Lithium South Development Corporation (TSX-V:LIS) (OTCQB:LISMF), Alpha Lithium Corporation (OTCPK:APHLF), Lithium Americas Corp. (NYSE:LAAC) (TSX:LAAC), Allkem Limited and Livent Corporation (NYSE:LTHM).

ProLogium Opens the World's First Giga-level Solid-State Lithium Ceramic Battery Factory

Retrieved on: 
Tuesday, January 23, 2024
Economy, POSCO, FEV, Kilowatt-hour, Perception, Industrialisation, Map, Economics, Carbon, Ministry of the economy, Giga-, Mercedes-Benz, Safety, Lithium, Creativity, Transport, Automation, Ministry, Note 2

TAOYUAN, Jan. 23, 2024 /PRNewswire/ -- On January 23rd, ProLogium Technology, a global leader in solid-state battery innovation, inaugurated its Taoke factory, marking a significant milestone in the battery industry. The event, attended by esteemed guests including Chief Secretary of Ministry of Economic Affairs Chih-Ching Yang, the Director of the French Office in Taipei Franck Paris, and Taoyuan City Mayor Shan-zheng Zhang, along with a French delegation from Dunkirk, celebrated the opening of the world's pioneering Giga-scale solid-state lithium ceramic battery facility. Key strategic partners, including Mercedes-Benz, POSCO, FEV, Arkema, and banks from both Taiwan and France, were also present to witness this historic moment.

Key Points: 
  • TAOYUAN, Jan. 23, 2024 /PRNewswire/ -- On January 23rd, ProLogium Technology, a global leader in solid-state battery innovation, inaugurated its Taoke factory, marking a significant milestone in the battery industry.
  • ProLogium not only showcased its proprietary manufacturing technology for solid-state batteries but also highlighted the commercial viability of the next-generation battery structure.
  • This new battery structure not only ensures a high level of safety but also paves the way for continuous improvements in lithium battery performance.
  • Compared to the Zhongli factory, the Taoke factory has increased the level of automation for the equipment and widened the machine width by 2.64 times.

Global Duplex Stainless Steel Market Outlook 2023-2036: Rising Demand for Corrosion-Resistant Duplex Stainless Steel Boosts Market Prospects - ResearchAndMarkets.com

Retrieved on: 
Monday, January 15, 2024
Steel, Manufacturing, ThyssenKrupp, POSCO, Employment, Welding, USD, Sandvik, Growth

The "Global Duplex Stainless Steel Market Outlook 2023-2036" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Duplex Stainless Steel Market Outlook 2023-2036" report has been added to ResearchAndMarkets.com's offering.
  • The global duplex stainless-steel market is set to grow at a CAGR of 6.4% over the forecast period, i.e., 2024-2036.
  • Moreover, the growing employment of duplex stainless steel in the paper & pump industry, along with rising maritime activities is also projected to dominate the market expansion.
  • The global duplex stainless-steel market is segmented into numerous segments, which include segmentation by grade, product type, and by end-use industry.

Global Lithium Market Size Expected to See Strong Growth In Next Few Years Growing to $10.44 Billion In 2028

Retrieved on: 
Thursday, January 11, 2024
Lithium, EVS, Research, Electricity, Deposit, Carbon, Livent, Technical report, Growth, ESM, Gasoline, POSCO, DLE, PALM, Smartphone, MRE, NewCo, Resource, Executive, TSX, Water, National instrument, Port, Partnership, OTCQB, News, Separation, Interim, LAAC, Project, PEA, Q3

The global lithium market size is expected to see strongly grown in the next few years.

Key Points: 
  • The global lithium market size is expected to see strongly grown in the next few years.
  • Major trends in the forecast period include advancements in lithium technologies, solid-state lithium batteries, diversification of lithium sources, integration of lithium in aerospace, and decentralized energy solutions.
  • An increase in smartphone adoption is expected to propel the growth of the lithium market going forward.
  • The report continued: “The increasing demand for electric vehicles is expected to propel the growth of the lithium market going forward.

Latest Lithium Takeover Bid Sparks Speculation on More M&A Activity to Come

Retrieved on: 
Friday, January 12, 2024
Lithium, POSCO, Chemistry, Attention, Alpha, News, DLE, TSX, OTC, Acquisition, Salar del Hombre Muerto, LCE, Lithium Triangle, PEA, USD, Geology, Growth

VANCOUVER, B.C., Jan. 12, 2024 /PRNewswire/ -- USA News Group  -  A new wave of mergers and acquisitions is on the rise in the lithium sector, in the wake of the latest successful takeover bid of Alpha Lithium Corporation by a leading Latin American energy company, Tecpetrol. After already announcing the acquisition of 102,692,615 common shares (54% equity) at a per-share bid price of C$1.48, Tecpetrol has officially now spent over C$150M on the Alpha transaction. That number could still climb, as the remaining ALLI shareholders have until Oct 31 to accept the offer for themselves, meaning even more lithium shareholders could be flooding the market with new cash to spend on other lithium plays with upside. This latest deal comes in the wake of the mega-merger between Allkem Limited (TSX:AKE) (OTCPK:OROCF) and Livent Corporation (NYSE:LTHM), analysts are turning their eyes toward more M&A activity in the space and other potential near-term takeout targets, such as Lithium South Development Corporation (TSXV:LIS) (OTCQB:LISMF), and Argentina Lithium & Energy Corp. (TSXV:LIT) (OTCQX:LILIF).

Key Points: 
  • In the case of Lithium South Development Corporation (TSXV:LIS) (OTCQB:LISMF), the lithium developer recently announced that it had expanded it's HMN Li Project resource  by 175% .
  • "We are very pleased with our new updated lithium resource at the HMN Li Project," said Fernando Villarroel, Company C.O.O.
  • and Project Manager of Lithium South when the company announced the resource expansion .
  • Now with the entry of Tecpetrol into the space through the successful takeover bid of Alpha Lithium Corporation there's another major player in the scene.

Latest Lithium Takeover Bid Sparks Speculation on More M&A Activity to Come

Retrieved on: 
Friday, January 12, 2024
Lithium, POSCO, Chemistry, Attention, Alpha, News, DLE, TSX, OTC, Acquisition, Salar del Hombre Muerto, LCE, Lithium Triangle, PEA, USD, Geology, Growth

VANCOUVER, B.C., Jan. 12, 2024 /PRNewswire/ -- USA News Group  -  A new wave of mergers and acquisitions is on the rise in the lithium sector, in the wake of the latest successful takeover bid of Alpha Lithium Corporation by a leading Latin American energy company, Tecpetrol. After already announcing the acquisition of 102,692,615 common shares (54% equity) at a per-share bid price of C$1.48, Tecpetrol has officially now spent over C$150M on the Alpha transaction. That number could still climb, as the remaining ALLI shareholders have until Oct 31 to accept the offer for themselves, meaning even more lithium shareholders could be flooding the market with new cash to spend on other lithium plays with upside. This latest deal comes in the wake of the mega-merger between Allkem Limited (TSX:AKE) (OTCPK:OROCF) and Livent Corporation (NYSE:LTHM), analysts are turning their eyes toward more M&A activity in the space and other potential near-term takeout targets, such as Lithium South Development Corporation (TSXV:LIS) (OTCQB:LISMF), and Argentina Lithium & Energy Corp. (TSXV:LIT) (OTCQX:LILIF).

Key Points: 
  • In the case of Lithium South Development Corporation (TSXV:LIS) (OTCQB:LISMF), the lithium developer recently announced that it had expanded it's HMN Li Project resource  by 175% .
  • "We are very pleased with our new updated lithium resource at the HMN Li Project," said Fernando Villarroel, Company C.O.O.
  • and Project Manager of Lithium South when the company announced the resource expansion .
  • Now with the entry of Tecpetrol into the space through the successful takeover bid of Alpha Lithium Corporation there's another major player in the scene.

Lithium South Announces Cooperative Development Agreement with POSCO Argentina SAU on HMN Li Project

Retrieved on: 
Thursday, January 11, 2024
Lithium, POSCO, Partnership

VANCOUVER, B.C., Jan. 11, 2024 /PRNewswire/ -- Lithium South Development Corporation (the "Company") (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) is pleased to announce a landmark agreement with POSCO Argentina SAU, a wholly owned subsidiary of South Korean industry giant, Pohang Iron and Steel Company (POSCO).

Key Points: 
  • VANCOUVER, B.C., Jan. 11, 2024 /PRNewswire/ -- Lithium South Development Corporation (the "Company") (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt: OGPQ) is pleased to announce a landmark agreement with POSCO Argentina SAU, a wholly owned subsidiary of South Korean industry giant, Pohang Iron and Steel Company (POSCO).
  • The newly signed Cooperative Development Agreement marks a significant milestone in the Company's progression towards lithium production, setting the stage for an innovative collaboration in the development of the Hombre North Lithium Project (HMN Li Project), located in Salta Province, Argentina.
  • Preliminary data suggest that the Norma Edith and Viamonte area holds significant potential to bolster the scope of the HMN Li Project.
  • Together, we're paving the way for rapid advancement in lithium extraction and sustainable energy solutions."