POSCO

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."

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."

Global Battery Industry Faces Significant Investment to Meet Lithium Demand

Retrieved on: 
Friday, January 5, 2024
Lithium, Rio Tinto, Altitude, Technical report, OTC, Employment, Technical, Interview, Bloomberg Television, LCE, Collection, Lithium Triangle, Carbon, News, Mining, Plant, Rio Tinto (corporation), IDC, Acquisition, Doctor of Philosophy, POSCO, Water, TSX, PEA, International Finance Corporation

VANCOUVER, BC, Jan. 5, 2024 /PRNewswire/ --  USA News Group  -  A worrying trend that could threaten the world's shift to renewable energy is looming, according to 2023 analysis from Benchmark. In the report, Benchmark called for an increase of at least $514 billion across the global battery industry supply chain to meet expected demand in 2030, and $920 billion by 2035. Among the most compelling sources set to help meet the lithium gap is set come from what's known as the Lithium Triangle, which covers portions of Argentina, Bolivia, and Chile. The prominence of South America's lithium has created an increasing amount of competition between the West and China. Hence the flooding of investment and development coming from several promising projects in the region, including from Lithium South Development Corporation (TSXV:LIS) (OTCQB:LISMF), Allkem Limited (TSX:AKE) (OTCPK:OROCF), Livent Corporation (NYSE:LTHM), POSCO Holdings Inc. (NYSE:PKX), and Rio Tinto Group (NYSE:RIO).

Key Points: 
  • In the report, Benchmark called for an increase of at least $514 billion across the global battery industry supply chain to meet expected demand in 2030, and $920 billion by 2035.
  • In Salta Province, Argentina, Lithium South Development Corporation (TSXV:LIS) (OTCQB:LISMF) is the 100% owner of the Hombre Muerto North Lithium project (HMN Li Project), strategically positioned within the renowned Lithium Triangle.
  • Furthermore, the report outlines their innovative approach to extract more lithium from the briny water at the HMN Li Project.
  • Lithium South employs a proven industry method involving the evaporation of pumped lithium brine.

Global Battery Industry Faces Significant Investment to Meet Lithium Demand

Retrieved on: 
Friday, January 5, 2024
Lithium, Rio Tinto, Altitude, Technical report, OTC, Employment, Technical, Interview, Bloomberg Television, LCE, Collection, Lithium Triangle, Carbon, News, Mining, Plant, Rio Tinto (corporation), IDC, Acquisition, Doctor of Philosophy, POSCO, Water, TSX, PEA, International Finance Corporation

VANCOUVER, BC, Jan. 5, 2024 /PRNewswire/ --  USA News Group  -  A worrying trend that could threaten the world's shift to renewable energy is looming, according to 2023 analysis from Benchmark. In the report, Benchmark called for an increase of at least $514 billion across the global battery industry supply chain to meet expected demand in 2030, and $920 billion by 2035. Among the most compelling sources set to help meet the lithium gap is set come from what's known as the Lithium Triangle, which covers portions of Argentina, Bolivia, and Chile. The prominence of South America's lithium has created an increasing amount of competition between the West and China. Hence the flooding of investment and development coming from several promising projects in the region, including from Lithium South Development Corporation (TSXV:LIS) (OTCQB:LISMF), Allkem Limited (TSX:AKE) (OTCPK:OROCF), Livent Corporation (NYSE:LTHM), POSCO Holdings Inc. (NYSE:PKX), and Rio Tinto Group (NYSE:RIO).

Key Points: 
  • In the report, Benchmark called for an increase of at least $514 billion across the global battery industry supply chain to meet expected demand in 2030, and $920 billion by 2035.
  • In Salta Province, Argentina, Lithium South Development Corporation (TSXV:LIS) (OTCQB:LISMF) is the 100% owner of the Hombre Muerto North Lithium project (HMN Li Project), strategically positioned within the renowned Lithium Triangle.
  • Furthermore, the report outlines their innovative approach to extract more lithium from the briny water at the HMN Li Project.
  • Lithium South employs a proven industry method involving the evaporation of pumped lithium brine.

EQS-News: EcoGraf Limited: KfW IPEX-Bank Mandated for UFK Loan of up to US$105m (A$160m)1 for Development of Epanko

Retrieved on: 
Saturday, December 30, 2023
Lithium, TANESCO, Life-cycle assessment, KfW IPEX-Bank, Mineral, Federal republic, Duma, EGR, Project, Mining, Equator Principles, South Korea, Health, KfW, Social, ASX, Government, Sale, POSCO, CO2

German Government confirms Epanko eligibility for cover in principle for the Untied Loan Guarantee (“UFK”) scheme based on the support of German offtakers for the Company’s initial 73,000tpa Epanko development.

Key Points: 
  • German Government confirms Epanko eligibility for cover in principle for the Untied Loan Guarantee (“UFK”) scheme based on the support of German offtakers for the Company’s initial 73,000tpa Epanko development.
  • KfW IPEX-Bank may act as sole funder for the UFK Tranche for an amount of up to US$105 million, subject to satisfactory due diligence and credit approvals.
  • A key aspect of the UFK program is the promotion of the highest environmental and social operating standards.
  • KfW IPEX-Bank has provided valuable support to the development of Epanko since 2017 and is an experienced and highly capable potential debt funding partner for the Project.

TERA SCIENCE counts down its entry into the global environmental waste and new renewable energy market

Retrieved on: 
Friday, December 15, 2023
Ministry, SCIENCE, Social Problems, Research, Hydrogen, Technology transfer, CDS, Waste management, KRW, Atmosphere, R, TERA, Government, POSCO, Clothing, Fine chemical, Renewable energy, Environment

TERA SCIENCE will achieve waste management innovation with 5th generation CDS technology in South Korea's KRW 23.7 trillion market...

Key Points: 
  • TERA SCIENCE will achieve waste management innovation with 5th generation CDS technology in South Korea's KRW 23.7 trillion market...
  • CDS (Centrifugal Divided Space) technology is an innovative patented technology that dramatically combusts various wastes and converts them into energy.
  • TERA SCIENCE is expected to maximize corporate value by advancing into the waste treatment and new renewable energy fields using 6th generation CDS technology.
  • They say that TERA SCIENCE's waste-related renewable energy field should also be protected from technology transfer from Korea to overseas.

DEEPX Honored with Three CES Innovation Awards 2024 for Leading-Edge AI Chip Tech

Retrieved on: 
Thursday, November 16, 2023
CES, DRAM, Wi-Fi, Electronics, Consumer Technology Association, Robotics, Multimedia, SRAM, Intelligence, Booth, Exhibition, Electricity, CTA, Computer hardware, LAS, POSCO, Consumer electronics, Medical device, Video game, AI, North Hall

SEOUL, South Korea and LAS VEGAS, Nov. 16, 2023 /PRNewswire/ -- DEEPX (CEO, Lokwon Kim), an AI chipmaking startup, is announcing that its proprietary ultra-gap source technology for AI chips has been recognized with three CES Innovation Awards 2024 — in Computer Hardware, Embedded Technology, and Robotics — ahead of the January 2024 CES trade show in Las Vegas, Nevada.

Key Points: 
  • - DEEPX is honored with three CES Innovation Awards 2024 in its core focus areas: Computer Hardware, Embedded Technology, and Robotics.
  • Join DEEPX at Booth #9069, North Hall during CES 2024 to experience the latest in AI chip technology and explore DEEPX's Early Access Customer Program.
  • The brand's AI chip source solutions offer the latest AI algorithm support technology for edge AI applications, GPU-level high AI accuracy, and the world's highest effective power-to-performance ratio.
  • DEEPX's AI chips are optimized for various AI applications, improving the energy efficiency of AI devices and enabling efficient AI functions.