FNM | Jotup

Global UAV Drone Market Is Expected To Reach $52 Billion In 2027 At A CAGR Of 14.9%

Retrieved on:

Tuesday, April 11, 2023

PALM BEACH, FLa., April 11, 2023 /PRNewswire/ -- Industry insiders acknowledge that the overall global drone markets and its UAV component has been expanding rapidly over the last few years and is projected to continue for several years to come. Unmanned aerial vehicles (UAVs) are a class of aircraft that could fly without the onboard presence of pilots. Unmanned aircraft structures encompass the aircraft factor, sensor payloads, and a ground control station. They can be controlled by way of onboard digital gadgets or via managed gadget from the ground. The main products of UAV drones include fixed-wing, rotary-blade, and hybrid drones. A fixed-wing UAV also known as a fixed-wing UAS is an aircraft that operates without a human pilot onboard and is controlled autonomously via onboard computers or remotely by a human operator. The components include a camera, battery, propulsion system, controller, sensor, and others used by end-users such as military and defense, retail, construction, agriculture, entertainment, law enforcement, and others. A recent report from The Business Research Company projected that the global UAV drones market size is expected to grow from $26.03 billion in 2022 to $29.93 billion in 2023 at a compound annual growth rate (CAGR) of 15.0% and the UAV drones market size is expected to grow to $52.21 billion in 2027 at a CAGR of 14.9%. Active companies in the markets this week include: Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO), Amazon.com, Inc. (NASDAQ: AMZN), AeroVironment, Inc. (NASDAQ: AVAV), Alphabet Inc. (NASDAQ: GOOGL), Drone Delivery Canada Corp. (OTCQX: TAKOF) (TSX-V: FLT).

Key Points:

A recent report from The Business Research Company projected that the global UAV drones market size is expected to grow from $26.03 billion in 2022 to $29.93 billion in 2023 at a compound annual growth rate (CAGR) of 15.0% and the UAV drones market size is expected to grow to $52.21 billion in 2027 at a CAGR of 14.9%.
The report said: "Increasing defense spending is expected to propel the growth of the UAV drone market going forward.
Defense spending is used for procurement and the purchase of UAV drones which has been a force multiplier for combat around the world.
Major players in the UAV drone sector are focused on technological advancement to sustain their market position."

Surging Demand for Lithium Reaching New Highs as EV's Popularity is Still Growing

Retrieved on:

Thursday, April 6, 2023

PALM BEACH, Fla., April 6, 2023 /PRNewswire/ -- The surging demand for storing grid-based energy is one of the key factors that is expected to drive the demand for Lithium ion batteries and, hence, propel the metal's mining requirement. Growing technological investments in metallurgy and mining would accelerate the metal's production through mining. New technological studies have led to developing such mining techniques, which are more energy and resource-efficient. New techniques, such as direct extraction technologies, use organic sieves instead of vast evaporation ponds, making mining and extraction a sustainable practice. Hence, growing advancements and technological development of such mining practices would propel the market growth during the projected period through the next several years. According to Fortune Business Insights, the global lithium mining market size is projected to grow to $516.22 million by 2028, growing at Compound Annual Growth Rate (CAGR) of 6% through 2028. It said that the high demand for power because of the surging urbanization and industrialization worldwide would affect growth positively. It would result in the increasing demand for lithium-ion batteries for storing the excessive energy. The report said: "The market has been analyzed across major countries, including the United States, Canada, Portugal, China, Australia, Argentina, Bolivia, Chile, Brazil, Namibia, Nigeria, and Zimbabwe. The market is dominated by Australia due to a high amount of lithium reserves, coupled with massive mining projects in the country. The growing awareness of utilizing environment-friendly electric vehicles would also drive the market growth in the country." Active mining stocks in the markets this week include: Lithium South Development Corporation (OTCQB: LISMF) (TSX-V: LIS), Livent Corporation (NYSE: LTHM), Sayona Mining Limited (OTCQB: SYAXF), American Lithium Corp. (NASDAQ: AMLI) (TSX-V: LI), Piedmont Lithium Inc. (NASDAQ: PLL).

Key Points:

One additional shallow monitoring well was completed at Natalia Maria adjacent to the deep monitoring well in the original corehole.
The high-grade lithium results across seven holes at Alba Sabrina, as well as the very high-grade lithium samples from Natalia Maria, demonstrate the potential of the HMN Li Project.
The Company is on track to achieve its objective to potentially expand the current National Instrument 43-101 Lithium Carbonate Equivalent resource.
Continued strength in lithium market conditions and customer demand resulted in higher sequential volumes, the impact of which was partially offset by a less favorable customer mix.

Surging Demand for Lithium Reaching New Highs as EV's Popularity is Still Growing

Retrieved on:

Thursday, April 6, 2023

PALM BEACH, Fla., April 6, 2023 /PRNewswire/ -- The surging demand for storing grid-based energy is one of the key factors that is expected to drive the demand for Lithium ion batteries and, hence, propel the metal's mining requirement. Growing technological investments in metallurgy and mining would accelerate the metal's production through mining. New technological studies have led to developing such mining techniques, which are more energy and resource-efficient. New techniques, such as direct extraction technologies, use organic sieves instead of vast evaporation ponds, making mining and extraction a sustainable practice. Hence, growing advancements and technological development of such mining practices would propel the market growth during the projected period through the next several years. According to Fortune Business Insights, the global lithium mining market size is projected to grow to $516.22 million by 2028, growing at Compound Annual Growth Rate (CAGR) of 6% through 2028. It said that the high demand for power because of the surging urbanization and industrialization worldwide would affect growth positively. It would result in the increasing demand for lithium-ion batteries for storing the excessive energy. The report said: "The market has been analyzed across major countries, including the United States, Canada, Portugal, China, Australia, Argentina, Bolivia, Chile, Brazil, Namibia, Nigeria, and Zimbabwe. The market is dominated by Australia due to a high amount of lithium reserves, coupled with massive mining projects in the country. The growing awareness of utilizing environment-friendly electric vehicles would also drive the market growth in the country." Active mining stocks in the markets this week include: Lithium South Development Corporation (OTCQB: LISMF) (TSX-V: LIS), Livent Corporation (NYSE: LTHM), Sayona Mining Limited (OTCQB: SYAXF), American Lithium Corp. (NASDAQ: AMLI) (TSX-V: LI), Piedmont Lithium Inc. (NASDAQ: PLL).

Key Points:

One additional shallow monitoring well was completed at Natalia Maria adjacent to the deep monitoring well in the original corehole.
The high-grade lithium results across seven holes at Alba Sabrina, as well as the very high-grade lithium samples from Natalia Maria, demonstrate the potential of the HMN Li Project.
The Company is on track to achieve its objective to potentially expand the current National Instrument 43-101 Lithium Carbonate Equivalent resource.
Continued strength in lithium market conditions and customer demand resulted in higher sequential volumes, the impact of which was partially offset by a less favorable customer mix.

Creation of 'Lithium OPEC' Underway in South America as EV Demand Surges Worldwide

Retrieved on:

Thursday, March 30, 2023

VANCOUVER, B.C., March 30, 2023 /PRNewswire/ -- USA News Group - Thanks to the Lithium Triangle and a new mine coming online in Brazil, South America is set to become to lithium what the Middle East is to petroleum. Discussion surrounding the creation of a so-called "Lithium OPEC" is underway between Argentina, Chile, Bolivia, and Brazil, with the group potentially set to emulate similar strategies of OPEC, according to a group of Argentinian representatives at the annual PDAC Convention held in Toronto in March 2023. With the three Lithium Triangle countries (Argentina, Chile, Bolivia) making up more than 60% of the world's known lithium resources, it's clear why there's been a race to secure lithium assets in the region. Several miners are making huge strides in South America's lithium scene, including Lithium South Development Corporation (TSXV:LIS) (OTCQB:LISMF), Livent Corporation (NYSE:LTHM), Allkem Limited (TSX:AKE) (OTC:OROCF), Lithium Americas, and Rio Tinto Group (NYSE:RIO).

Key Points:

So far the evaluation of the HMN Li Project has progressed significantly, including a Preliminary Economic Assessment (PEA) completed in April 2019.
This assessment was based on an original Tramo claim that covered 383 hectares of the project's initial claims.
"Sal de Vida construction is well underway, and James Bay is advancing with approvals received by the federal government for the ESIA.
You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

Creation of 'Lithium OPEC' Underway in South America as EV Demand Surges Worldwide

Retrieved on:

Thursday, March 30, 2023

VANCOUVER, B.C., March 30, 2023 /PRNewswire/ -- USA News Group - Thanks to the Lithium Triangle and a new mine coming online in Brazil, South America is set to become to lithium what the Middle East is to petroleum. Discussion surrounding the creation of a so-called "Lithium OPEC" is underway between Argentina, Chile, Bolivia, and Brazil, with the group potentially set to emulate similar strategies of OPEC, according to a group of Argentinian representatives at the annual PDAC Convention held in Toronto in March 2023. With the three Lithium Triangle countries (Argentina, Chile, Bolivia) making up more than 60% of the world's known lithium resources, it's clear why there's been a race to secure lithium assets in the region. Several miners are making huge strides in South America's lithium scene, including Lithium South Development Corporation (TSXV:LIS) (OTCQB:LISMF), Livent Corporation (NYSE:LTHM), Allkem Limited (TSX:AKE) (OTC:OROCF), Lithium Americas, and Rio Tinto Group (NYSE:RIO).

Key Points:

So far the evaluation of the HMN Li Project has progressed significantly, including a Preliminary Economic Assessment (PEA) completed in April 2019.
This assessment was based on an original Tramo claim that covered 383 hectares of the project's initial claims.
"Sal de Vida construction is well underway, and James Bay is advancing with approvals received by the federal government for the ESIA.
You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

Global Graphite Market Size Projected To Grow To $25.70 Billion In 2028

Retrieved on:

Thursday, March 30, 2023

PALM BEACH, Fla., March 30, 2023 /PRNewswire/ -- Graphite is a kind of elemental carbon that is one of the few elements found in its natural state. It combines metallic and non-metallic qualities, making it ideal for a wide variety of industrial applications. It has high electrical and thermal conductivity, exceptional thermal stability, and lubricity. In the coming decades, this industry is expected to face major market shifts, as the booming lithium-ion battery industry is expected to significantly boost production. Via the use of refractory materials, the steel industry has historically been the driver of consumption. Robust growth for the battery industry is expected to fuel demand, depending on economic factors such as market penetration and adoption, as a growing number of countries around the world step up their efforts to encourage the production and use of green energy in order to transition towards a lower emission future in the transport and energy sectors. A report from Fortune Business Insights projected that the global graphite market size was USD 13.60 billion in 2020 and is projected to grow from USD 14.83 billion in 2021 to USD 25.70 billion in 2028 at a CAGR of 8.2% during the 2021-2028 period. Active companies in the markets this week include: Reflex Advanced Materials Corp. (OTCQB: RFLXF) (CSE: RFLX), Tesla, Inc. (NASDAQ: TSLA), Patriot Battery Metals Inc. (OTCQX: PMETF) (TSX-V: PMET), Syrah Resources Limited (OTCPK: SYAAF) (OTCPK: SRHYY), Nouveau Monde Graphite Inc. (NYSE: NMG) (TSX-V: NOU).

Key Points:

In the coming decades, this industry is expected to face major market shifts, as the booming lithium-ion battery industry is expected to significantly boost production.
A report from Fortune Business Insights projected that the global graphite market size was USD 13.60 billion in 2020 and is projected to grow from USD 14.83 billion in 2021 to USD 25.70 billion in 2028 at a CAGR of 8.2% during the 2021-2028 period.
The lithium-ion battery value chain is primarily based in China, and Chinese anode suppliers have the highest installed capacities globally."
The proposed Uatnan Mining Project is currently one of the largest projected natural graphite productions being developed in the world.

Global Graphite Market Size Projected To Grow To $25.70 Billion In 2028

Retrieved on:

Thursday, March 30, 2023

PALM BEACH, Fla., March 30, 2023 /PRNewswire/ -- Graphite is a kind of elemental carbon that is one of the few elements found in its natural state. It combines metallic and non-metallic qualities, making it ideal for a wide variety of industrial applications. It has high electrical and thermal conductivity, exceptional thermal stability, and lubricity. In the coming decades, this industry is expected to face major market shifts, as the booming lithium-ion battery industry is expected to significantly boost production. Via the use of refractory materials, the steel industry has historically been the driver of consumption. Robust growth for the battery industry is expected to fuel demand, depending on economic factors such as market penetration and adoption, as a growing number of countries around the world step up their efforts to encourage the production and use of green energy in order to transition towards a lower emission future in the transport and energy sectors. A report from Fortune Business Insights projected that the global graphite market size was USD 13.60 billion in 2020 and is projected to grow from USD 14.83 billion in 2021 to USD 25.70 billion in 2028 at a CAGR of 8.2% during the 2021-2028 period. Active companies in the markets this week include: Reflex Advanced Materials Corp. (OTCQB: RFLXF) (CSE: RFLX), Tesla, Inc. (NASDAQ: TSLA), Patriot Battery Metals Inc. (OTCQX: PMETF) (TSX-V: PMET), Syrah Resources Limited (OTCPK: SYAAF) (OTCPK: SRHYY), Nouveau Monde Graphite Inc. (NYSE: NMG) (TSX-V: NOU).

Key Points:

In the coming decades, this industry is expected to face major market shifts, as the booming lithium-ion battery industry is expected to significantly boost production.
A report from Fortune Business Insights projected that the global graphite market size was USD 13.60 billion in 2020 and is projected to grow from USD 14.83 billion in 2021 to USD 25.70 billion in 2028 at a CAGR of 8.2% during the 2021-2028 period.
The lithium-ion battery value chain is primarily based in China, and Chinese anode suppliers have the highest installed capacities globally."
The proposed Uatnan Mining Project is currently one of the largest projected natural graphite productions being developed in the world.

Why Lithium Mining Is Anticipated To Grow Tenfold Between 2021 and 2030

Retrieved on:

Thursday, March 30, 2023

PALM BEACH, Fla., March 30, 2023 /PRNewswire/ -- The market for lithium-ion batteries is likely to grow significantly over the next several years as a result of the electrification of cars, which will spur lithium mining during that period. A report from ResearchAndMarkets projected that the Global Lithium market , which was valued at USD 4650 Million in 2021 and expected to grow at a CAGR of 13.5% during the forecast period of 2023-2028. The report said: "Due to the strict rules that ICE automakers must adhere to in order to minimize carbon dioxide emissions from automobiles, the automotive application market is predicted to increase significantly over the course of the projection period. This has caused automakers to become more interested in creating EVs, which is expected to increase demand for lithium and related goods. Together with investments in this area, government subsidies for EVs are projected to serve as an additional catalyst for the market's expansion. Also, the growing lithium-ion battery market will be able to get enough products from the lithium sector. Direct lithium extraction (DLE) and direct lithium to product (DLP), which are anticipated to grow tenfold between 2021 and 2030, can be the driving factors behind the industry's ability to react more quickly to skyrocketing demand." Active mining stocks in the markets this week include: Lithium South Development Corporation (OTCQB: LISMF) (TSX-V: LIS), Lithium Americas Corp. (NYSE: LAC) (TSX: LAC), Lithium Ltd. (NYSE: SLI) (TSXV: SLI), Piedmont Lithium Inc. (NASDAQ: PLL), Pilbara Minerals (OTCPK: PILBF).

Key Points:

This has caused automakers to become more interested in creating EVs, which is expected to increase demand for lithium and related goods.
Also, the growing lithium-ion battery market will be able to get enough products from the lithium sector.
Direct lithium extraction (DLE) and direct lithium to product (DLP), which are anticipated to grow tenfold between 2021 and 2030, can be the driving factors behind the industry's ability to react more quickly to skyrocketing demand.
" Active mining stocks in the markets this week include: Lithium South Development Corporation (OTCQB: LISMF) (TSX-V: LIS), Lithium Americas Corp. (NYSE: LAC) (TSX: LAC), Lithium Ltd. (NYSE: SLI) (TSXV: SLI), Piedmont Lithium Inc. (NASDAQ: PLL), Pilbara Minerals (OTCPK: PILBF).

Why Lithium Mining Is Anticipated To Grow Tenfold Between 2021 and 2030

Retrieved on:

Thursday, March 30, 2023

PALM BEACH, Fla., March 30, 2023 /PRNewswire/ -- The market for lithium-ion batteries is likely to grow significantly over the next several years as a result of the electrification of cars, which will spur lithium mining during that period. A report from ResearchAndMarkets projected that the Global Lithium market , which was valued at USD 4650 Million in 2021 and expected to grow at a CAGR of 13.5% during the forecast period of 2023-2028. The report said: "Due to the strict rules that ICE automakers must adhere to in order to minimize carbon dioxide emissions from automobiles, the automotive application market is predicted to increase significantly over the course of the projection period. This has caused automakers to become more interested in creating EVs, which is expected to increase demand for lithium and related goods. Together with investments in this area, government subsidies for EVs are projected to serve as an additional catalyst for the market's expansion. Also, the growing lithium-ion battery market will be able to get enough products from the lithium sector. Direct lithium extraction (DLE) and direct lithium to product (DLP), which are anticipated to grow tenfold between 2021 and 2030, can be the driving factors behind the industry's ability to react more quickly to skyrocketing demand." Active mining stocks in the markets this week include: Lithium South Development Corporation (OTCQB: LISMF) (TSX-V: LIS), Lithium Americas Corp. (NYSE: LAC) (TSX: LAC), Lithium Ltd. (NYSE: SLI) (TSXV: SLI), Piedmont Lithium Inc. (NASDAQ: PLL), Pilbara Minerals (OTCPK: PILBF).

Key Points:

This has caused automakers to become more interested in creating EVs, which is expected to increase demand for lithium and related goods.
Also, the growing lithium-ion battery market will be able to get enough products from the lithium sector.
Direct lithium extraction (DLE) and direct lithium to product (DLP), which are anticipated to grow tenfold between 2021 and 2030, can be the driving factors behind the industry's ability to react more quickly to skyrocketing demand.
" Active mining stocks in the markets this week include: Lithium South Development Corporation (OTCQB: LISMF) (TSX-V: LIS), Lithium Americas Corp. (NYSE: LAC) (TSX: LAC), Lithium Ltd. (NYSE: SLI) (TSXV: SLI), Piedmont Lithium Inc. (NASDAQ: PLL), Pilbara Minerals (OTCPK: PILBF).

Brazil Set to Join the Lithium Producer Ranks with Multiple Projects Underway in 2023

Retrieved on:

Tuesday, March 21, 2023

VANCOUVER, BC, March 21, 2023 /PRNewswire/ -- USA News Group - Back in late Summer 2022, it was still too early to say whether Brazil had the potential to be a global player in the lithium industry. However, as a new Brazilian mine is set to produce lithium in 2023, the world is taking notice. German Chancellor Olaf Scholz recently returned from a trip to South America, visiting Argentina, Chile, and Brazil, with an intent to expand collaboration on green energy. Securing battery and EV metals from Brazil is clearly a priority for many larger interests, including Warren-Buffett-backed Chinese EV giant BYD Company Limited (OTCPK: BYDDY) (OTCPK: BYDDF) even considering production in Brazil. Now research analysts at Benchmark Minerals are predicting that Brazil is set to more than double its share of global lithium mining this decade, as Sigma Lithium Corporation (NASDAQ: SGML) (TSXV: SGML) ramps up towards production in April 2023. Joining Sigma in the Brazil lithium scene are other developers such as Lithium Ionic Corp. (TSXV: LTH) (OTCQB: LTHCF), Atlas Lithium Corporation (NASDAQ: ATLX), and the latest entrant to the region, Infinity Stone Ventures Corp. (CSE: GEMS) (OTCQB: GEMSF).

Key Points:

However, as a new Brazilian mine is set to produce lithium in 2023, the world is taking notice.
Now research analysts at Benchmark Minerals are predicting that Brazil is set to more than double its share of global lithium mining this decade, as Sigma Lithium Corporation (NASDAQ: SGML) (TSXV: SGML) ramps up towards production in April 2023 .
Sigma holds 27 mineral rights in four properties spread over 191 square kilometres (19,100 hectares), which include nine past-producing lithium mines.
Meanwhile, Sigma Lithium moved forward in the commissioning of its dense medium separation processing plant , gaining more traction towards becoming a lithium producer.