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As Lithium Demand Continues to Rise, the Lithium Market Projected to Reach $6.4 Billion By 2028

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Tuesday, February 6, 2024

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The aerospace industry, in particular, requires lightweight and high-performance batteries, making lithium metal an attractive choice, thus enhancing the demand for lithium metal.

Key Points:

The aerospace industry, in particular, requires lightweight and high-performance batteries, making lithium metal an attractive choice, thus enhancing the demand for lithium metal.
Furthermore, consumer electronics like watches, toys, and remote controls mainly use lithium metal batteries where lithium metal is used as an anode material.
Thus, the increasing demand for lithium metal batteries is expected to enhance the market for lithium metal during the forecast period.
A recent report from MarketsAndMarkets said that the lithium metal market is projected to grow from USD 2.5 billion in 2023 to USD 6.4 billion by 2028, at a cagr 20.4% from 2023 to 2028.

BARREL ENERGY UPDATE ON TITAN SOUTH PROJECT

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Wednesday, January 31, 2024

Lithium, Tanzanian Premier League, KBM, School, USGS, Ministry, LCE, ASTER, Thacker Pass Lithium Mine, Salar, University, Reflection

Las Vegas, NV., Jan. 31, 2024 (GLOBE NEWSWIRE) -- Barrel Energy Inc., (OTC Markets: BRLL) (the “Company” or “BRLL”) is pleased to announce that it received a report detailing a completed multispectral Advanced Spaceborne Thermal Emission and Reflection radiometer (“ASTER”) analysis across a portion of the Titan South Lithium Project area in Tanzania.

Key Points:

Las Vegas, NV., Jan. 31, 2024 (GLOBE NEWSWIRE) -- Barrel Energy Inc., (OTC Markets: BRLL) (the “Company” or “BRLL”) is pleased to announce that it received a report detailing a completed multispectral Advanced Spaceborne Thermal Emission and Reflection radiometer (“ASTER”) analysis across a portion of the Titan South Lithium Project area in Tanzania.
The McDermitt project sits approximately 22miles (35kms) north of the 19.5-million-ton LCE resource of the Thacker Pass deposit.
Figure 2 shows the results of the examination of the north portion of the Titan South prospecting license, along with a portion of the adjacent Titan project.
Figure 3 shows the spectral mineralogical data from the Titan South project projected at the same scale with the data from the McDermitt site, one of the largest lithium resources in the U.S.
Much of the Tian South Project remains unexplored and untested, however, we note that the observed robust spectral anomalies at Titan South (see Figure 2) cover an area much larger than our sampling has covered.

ASTER DATA IDENTIFIES HUGE SPECTRAL ANOMALY AT TITAN 1

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Tuesday, January 30, 2024

Titan, Lithium, Tanzanian Premier League, Mineral, School, USGS, HGM-25A Titan I, LCE, Pathfinder, ASTER, Thacker Pass Lithium Mine, Salar, University, Reflection

Optical and thermal remote sensing data from satellites has been an important tool in geological exploration for more than four decades.

Key Points:

Optical and thermal remote sensing data from satellites has been an important tool in geological exploration for more than four decades.
ASTER covers a wide spectral region from visible to thermal infrared by 14 spectral bands with high spatial and spectral and radiometric resolutions.
Figure 2 shows the results of the examination of the spectral endmembers from the USGS spectral library over the Titan 1 area.
Figure 3 shows the spectral mineralogical data from the Titan 1 project compared at the same scale with the data from the McDermitt site.

Patriot Drills 26.1 m at 1.21% Li2O in Step-Out Hole at the CV13 Pegmatite, Quebec, Canada

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Wednesday, January 31, 2024

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15.7 m at 1.52% Li2O, including 10.6 m at 1.99% Li2O or 2.5 m at 5.28% Li2O (CV23-271).

Key Points:

15.7 m at 1.52% Li2O, including 10.6 m at 1.99% Li2O or 2.5 m at 5.28% Li2O (CV23-271).
Assays are reported herein for 22 drill holes completed in 2023 at the CV13 Spodumene Pegmatite.
Drill hole CV23-271 returned 10.6 m at 1.99% Li2O or 2.5 m at 5.28% Li2O within a wider interval of 15.7 m at 1.52% Li2O.
Results of previously reported drill holes from this zone include 12.7 m at 2.46% Li2O (CV23-191), 8.0 m at 2.86% Li2O (CV23‑195), 10.2 m at 2.70% Li2O (CV23-198), 10.7 m at 2.79% Li2O (CV23‑200), 14.0 m at 2.14% Li2O (CV22‑092), and 7.0 m at 1.98% Li2O (CV22-095).

IBC Creates Subsidiary - GreenLiT Pure Lithium, Inc. - to Meet Booming Lithium Demand using IBC's Proprietary Direct Lithium to Product™ (DLP™) Process

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Thursday, January 25, 2024

Lithium, IBC, JV, Chori, Salar, Lithium chloride, Panasonic, DLE, Water, LCE, Molecular recognition, SIMCO, Growth

AMERICAN FORK, Utah, Jan. 25, 2024 /PRNewswire/ -- GreenLiT Pure Lithium, Inc. (GreenLiT™), a wholly-owned subsidiary of IBC Advanced Technologies, Inc. (IBC), will commercialize IBC's proprietary Direct Lithium to Product™ (DLP™) process, which provides a rapid, direct route to produce battery-grade lithium end-products including lithium hydroxide and lithium carbonate.

Key Points:

AMERICAN FORK, Utah, Jan. 25, 2024 /PRNewswire/ -- GreenLiT Pure Lithium, Inc. (GreenLiT™), a wholly-owned subsidiary of IBC Advanced Technologies, Inc. (IBC), will commercialize IBC's proprietary Direct Lithium to Product™ (DLP™) process, which provides a rapid, direct route to produce battery-grade lithium end-products including lithium hydroxide and lithium carbonate.
GreenLiT™ is perfectly positioned to supply the market with battery-grade lithium end-products.
The DLP™ process allows brine operators to directly produce lithium hydroxide without the need to first produce lithium carbonate.
GreenLiT™ was created to widely commercialize the DLP™ process and sustainably meet the booming demand for battery-grade lithium end-products in a highly water and energy efficient manner with minimal environmental impact.

IBC Creates Subsidiary - GreenLiT Pure Lithium, Inc. - to Meet Booming Lithium Demand using IBC's Proprietary Direct Lithium to Product™ (DLP™) Process

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Thursday, January 25, 2024

Lithium, IBC, JV, Chori, Salar, Lithium chloride, Panasonic, DLE, Water, LCE, Molecular recognition, SIMCO, Growth

AMERICAN FORK, Utah, Jan. 25, 2024 /PRNewswire/ -- GreenLiT Pure Lithium, Inc. (GreenLiT™), a wholly-owned subsidiary of IBC Advanced Technologies, Inc. (IBC), will commercialize IBC's proprietary Direct Lithium to Product™ (DLP™) process, which provides a rapid, direct route to produce battery-grade lithium end-products including lithium hydroxide and lithium carbonate.

Key Points:

AMERICAN FORK, Utah, Jan. 25, 2024 /PRNewswire/ -- GreenLiT Pure Lithium, Inc. (GreenLiT™), a wholly-owned subsidiary of IBC Advanced Technologies, Inc. (IBC), will commercialize IBC's proprietary Direct Lithium to Product™ (DLP™) process, which provides a rapid, direct route to produce battery-grade lithium end-products including lithium hydroxide and lithium carbonate.
GreenLiT™ is perfectly positioned to supply the market with battery-grade lithium end-products.
The DLP™ process allows brine operators to directly produce lithium hydroxide without the need to first produce lithium carbonate.
GreenLiT™ was created to widely commercialize the DLP™ process and sustainably meet the booming demand for battery-grade lithium end-products in a highly water and energy efficient manner with minimal environmental impact.

Surging Lithium Demand and Production Set to Boost Argentina Ahead of Chile and Australia by 2027

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Wednesday, January 17, 2024

VANCOUVER, BC, Jan. 17, 2024 /PRNewswire/ -- USA News Group - Argentina's lithium industry is kicking off 2024 with a bang, as a new report from the Rosario Stock Exchange (RSE) projects the country's production to surpass both Chile and Australia by 2027. According to the report: "In a context where lithium production is expected to grow 8% annually in Chile and 16% in Australia by 2027, the average annual increase in Argentina aims to be 50%". The report points to Argentina's boom of important projects underway in the medium-term, compared to Australia and Chile's "smaller and more uncertain number of projects". Among the lithium miners garnering the most attention in Argentina at the moment includes Lithium South Development Corporation (TSXV:LIS) (OTCQB:LISMF), POSCO Holdings Inc. (NYSE:PKX), Lithium Americas (Argentina) Corp. (NYSE:LAAC) (TSX:LAAC), Arcadium Lithium plc (NYSE:LTHM), and Rio Tinto Group (NYSE:RIO).

Key Points:

According to the report: "In a context where lithium production is expected to grow 8% annually in Chile and 16% in Australia by 2027, the average annual increase in Argentina aims to be 50%".
Among the lithium miners garnering the most attention in Argentina at the moment includes Lithium South Development Corporation (TSXV:LIS) (OTCQB:LISMF), POSCO Holdings Inc. (NYSE:PKX), Lithium Americas (Argentina) Corp. (NYSE:LAAC) (TSX:LAAC), Arcadium Lithium plc (NYSE:LTHM), and Rio Tinto Group (NYSE:RIO).
"We are immensely pleased to join forces with POSCO, a leader in lithium and steel production," said Adrian F.C.
The HMN Li Project is moving ahead quickly for Lithium South and the company is transitioning from a lithium explorer into a lithium developer.

Surging Lithium Demand and Production Set to Boost Argentina Ahead of Chile and Australia by 2027

Retrieved on:

Wednesday, January 17, 2024

VANCOUVER, BC, Jan. 17, 2024 /PRNewswire/ -- USA News Group - Argentina's lithium industry is kicking off 2024 with a bang, as a new report from the Rosario Stock Exchange (RSE) projects the country's production to surpass both Chile and Australia by 2027. According to the report: "In a context where lithium production is expected to grow 8% annually in Chile and 16% in Australia by 2027, the average annual increase in Argentina aims to be 50%". The report points to Argentina's boom of important projects underway in the medium-term, compared to Australia and Chile's "smaller and more uncertain number of projects". Among the lithium miners garnering the most attention in Argentina at the moment includes Lithium South Development Corporation (TSXV:LIS) (OTCQB:LISMF), POSCO Holdings Inc. (NYSE:PKX), Lithium Americas (Argentina) Corp. (NYSE:LAAC) (TSX:LAAC), Arcadium Lithium plc (NYSE:LTHM), and Rio Tinto Group (NYSE:RIO).

Key Points:

According to the report: "In a context where lithium production is expected to grow 8% annually in Chile and 16% in Australia by 2027, the average annual increase in Argentina aims to be 50%".
Among the lithium miners garnering the most attention in Argentina at the moment includes Lithium South Development Corporation (TSXV:LIS) (OTCQB:LISMF), POSCO Holdings Inc. (NYSE:PKX), Lithium Americas (Argentina) Corp. (NYSE:LAAC) (TSX:LAAC), Arcadium Lithium plc (NYSE:LTHM), and Rio Tinto Group (NYSE:RIO).
"We are immensely pleased to join forces with POSCO, a leader in lithium and steel production," said Adrian F.C.
The HMN Li Project is moving ahead quickly for Lithium South and the company is transitioning from a lithium explorer into a lithium developer.

Flourishing Lithium-Ion Batteries Demand Propelling Continued Growth of Billion Dollar Lithium Mining Sector

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Tuesday, January 16, 2024

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Lithium mining remains a prominent area of investment as lithium batteries are used in electric vehicles, battery powered machinery, and others.

Key Points:

Lithium mining remains a prominent area of investment as lithium batteries are used in electric vehicles, battery powered machinery, and others.
With a significant increase in the production of electric vehicles, the demand for lithium has significantly increased in recent years.
The majority of the lithium produced is consumed for rechargeable batteries used in electric vehicles; according to estimates, batteries account for 46% of all lithium consumption worldwide.
Hence, the flourishing lithium-ion batteries demand propels the growth of the lithium mining sector.

Pan American Energy Commences Geophysical and Phase 3 Drill Planning At Its Flagship Project in the United States

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Tuesday, January 16, 2024

Lithium, Bureau, Resource, Acquisition, LCE, Project, Doctor of Philosophy, National Instrument 43-101, News, National instrument, Technical report

CALGARY, Alberta, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Pan American Energy Corp. (CSE: PNRG | OTCQB: PAANF | FRA: SS60) ("Pan American” or the "Company") is pleased to announce that it has commenced geophysical and Phase 3 drill planning at its flagship project, the Horizon Lithium Project (“Horizon” or the “Project”) in Big Smoky Valley, Esmeralda County, Nevada.

Key Points:

CALGARY, Alberta, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Pan American Energy Corp. (CSE: PNRG | OTCQB: PAANF | FRA: SS60) ("Pan American” or the "Company") is pleased to announce that it has commenced geophysical and Phase 3 drill planning at its flagship project, the Horizon Lithium Project (“Horizon” or the “Project”) in Big Smoky Valley, Esmeralda County, Nevada.
The Company has retained its contractor partner, RESPEC Consulting Inc. (“RESPEC”) to support the next stages of exploration at the Project.
RESPEC will support the Company with survey planning and contracting, data acquisition and support, results analysis, mapping, and drill planning.
Jason Latkowcer, Chief Executive Officer, commented, "The Horizon Lithium Project in west-central Nevada is an expansive project at over 70 square kilometers.