Salar de Arizaro

Lithium Demand is on the Rise as the Electric Vehicles Market Matures

Retrieved on: 
Monday, March 13, 2023

NEW YORK, March 13, 2023 /PRNewswire/ -- Lithium proved to be an essential mineral for the electrification of vehicles as LiOH, a white hygroscopic crystalline material and an inorganic compound, is mostly used by lithium-ion battery manufacturers. In addition, lithium-ion batteries are heavily adopted due to their compact size, rechargeability, recyclability and high-density energy output. Nowadays, many car manufacturers are venturing into battery manufacturing, like BMW Group for example, which has signed an agreement with Ganfeng Lithium, a lithium extracting company in China, for supplying LiOH for battery cells owing to the rising penetration of EVs. And, according to data provided by Allied Market Research, the global electric vehicle market was valued at USD 162.34 Billion in 2019, and is projected to reach USD 802.81 Billion by 2027 while registering a CAGR of 22.6%. Geographically, the Asia-Pacific region has been the highest revenue contributor, accounting for USD 84.84 Billion in 2019, and is estimated to reach USD 357.81 Billion by 2027, with a CAGR of 20.1%. Nevertheless, the North America region is expected to grow faster, as it is estimated to reach USD 194.20 Billion by 2027 at a significant CAGR of 27.5%. Vital Battery Metals Inc. (OTC: VBAMF) (CSE: VBAM), Patriot Battery Metals Inc. (OTC: PMETF) (TSX-V: PMET), Lithium Chile Inc. (OTC: LTMCF) (TSX-V: LITH), FE Battery Metals Corp. (OTC: FEMFF) (CSE: FE), Brunswick Exploration Inc. (OTC: BRWXF) (TSX-V: BRW)

Key Points: 
  • Vital Battery Metals Inc. (OTCQB: VBAMF) (CSE: VBAM) just announced breaking news that, "it has increased its presence in the lithium market by acquiring, for the cost of staking, the Dickson Lake Lithium Project ("Dickson" or the "Project").
  • The Project consists of 464 single-cell mining claims covering approximately 9,780 hectares and is near Imagine Lithium and the Georgia Lake Lithium Deposits.
  • With the recent acquisition of Dickson and the Schofield Lithium Project, the Company now owns over 18,000 hectares of prospective lithium properties in Northern Ontario.
  • The presence of sizeable angular spodumene-bearing float on the project combined with lithium geochemical anomalies point to the local presence of LCT pegmatites.

Lithium Demand is on the Rise as the Electric Vehicles Market Matures

Retrieved on: 
Monday, March 13, 2023

NEW YORK, March 13, 2023 /PRNewswire/ -- Lithium proved to be an essential mineral for the electrification of vehicles as LiOH, a white hygroscopic crystalline material and an inorganic compound, is mostly used by lithium-ion battery manufacturers. In addition, lithium-ion batteries are heavily adopted due to their compact size, rechargeability, recyclability and high-density energy output. Nowadays, many car manufacturers are venturing into battery manufacturing, like BMW Group for example, which has signed an agreement with Ganfeng Lithium, a lithium extracting company in China, for supplying LiOH for battery cells owing to the rising penetration of EVs. And, according to data provided by Allied Market Research, the global electric vehicle market was valued at USD 162.34 Billion in 2019, and is projected to reach USD 802.81 Billion by 2027 while registering a CAGR of 22.6%. Geographically, the Asia-Pacific region has been the highest revenue contributor, accounting for USD 84.84 Billion in 2019, and is estimated to reach USD 357.81 Billion by 2027, with a CAGR of 20.1%. Nevertheless, the North America region is expected to grow faster, as it is estimated to reach USD 194.20 Billion by 2027 at a significant CAGR of 27.5%. Vital Battery Metals Inc. (OTC: VBAMF) (CSE: VBAM), Patriot Battery Metals Inc. (OTC: PMETF) (TSX-V: PMET), Lithium Chile Inc. (OTC: LTMCF) (TSX-V: LITH), FE Battery Metals Corp. (OTC: FEMFF) (CSE: FE), Brunswick Exploration Inc. (OTC: BRWXF) (TSX-V: BRW)

Key Points: 
  • Vital Battery Metals Inc. (OTCQB: VBAMF) (CSE: VBAM) just announced breaking news that, "it has increased its presence in the lithium market by acquiring, for the cost of staking, the Dickson Lake Lithium Project ("Dickson" or the "Project").
  • The Project consists of 464 single-cell mining claims covering approximately 9,780 hectares and is near Imagine Lithium and the Georgia Lake Lithium Deposits.
  • With the recent acquisition of Dickson and the Schofield Lithium Project, the Company now owns over 18,000 hectares of prospective lithium properties in Northern Ontario.
  • The presence of sizeable angular spodumene-bearing float on the project combined with lithium geochemical anomalies point to the local presence of LCT pegmatites.

LITHIUM CHILE COMMENCES PHASE TWO OF THE RESOURCE EXPANSION PROGRAM ON THEIR SALAR DE ARIZARO PROJECT.

Retrieved on: 
Tuesday, February 15, 2022

The program is announced after an initial resource of 1,420,000 tonnes of lithium carbonate (Li2CO3) equivalent in the Indicated and Inferred Resource categories was reported on their maiden well (see February 8, 2022 News Release).

Key Points: 
  • The program is announced after an initial resource of 1,420,000 tonnes of lithium carbonate (Li2CO3) equivalent in the Indicated and Inferred Resource categories was reported on their maiden well (see February 8, 2022 News Release).
  • Lithium Chile is advancing a lithium property portfolio consisting of 69,200 hectares covering sections of 10 salars and two laguna complexes in Chile and 23,300 hectares in Argentina.
  • Lithium Chile also owns 5 properties, totaling 20,429 hectares, that are prospective for gold, silver and copper.
  • The Company does not undertake to update any forward-looking statements herein, except as required by applicable securities laws.

Argentina Lithium Options Additional Properties at Salar de Antofalla

Retrieved on: 
Wednesday, August 4, 2021

VANCOUVER, BC, Aug. 4, 2021 /PRNewswire/ -- Argentina Lithium & Energy Corp. (TSX-V: LIT) (FSE: OAY3) (OTC: PNXLF), ("Argentina Lithium" or the "Company") is pleased to announce that it is expanding its lithium exploration project at the Salar de Antofalla in Argentina (the "Project"). The Company has entered into an option agreement with a group of three local vendors to earn a 100% interest in three granted mine concession properties totaling 5,380.5 hectares (the "Optioned Properties") situated adjacent to the Company's 9,000 hectares of 100% held claims (the "Staked Properties").

Key Points: 
  • VANCOUVER, BC, Aug. 4, 2021 /PRNewswire/ --Argentina Lithium & Energy Corp. (TSX-V: LIT) (FSE: OAY3) (OTC: PNXLF), ("Argentina Lithium" or the "Company") is pleased to announce that it is expanding its lithium exploration project at the Salar de Antofalla in Argentina (the "Project").
  • Albemarle Corporation, a major lithium producer, stated that its lithium resource in the southern portion of Salar de Antofalla is expected to be certified as the largest in Argentina,"stated Nikolaos Cacos, President and C.E.O.
  • Located in the famed Lithium Triangle, the geological environment at the Salar de Antofalla is similar to other salars in the region where lithium and potash are found, and the project is less than 20 km west of Argentina's largest lithium producing operation at Salar de Hombre Muerto.
  • Argentina Lithium & Energy Corp is focused on acquiring high quality lithium projects in Argentina, and advancing them towards production in order to meet the growing global demand from the battery sector.

Argentina Lithium Options Additional Properties at Salar de Antofalla

Retrieved on: 
Wednesday, August 4, 2021

VANCOUVER, BC, Aug. 4, 2021 /PRNewswire/ -- Argentina Lithium & Energy Corp. (TSX-V: LIT) (FSE: OAY3) (OTC: PNXLF), ("Argentina Lithium" or the "Company") is pleased to announce that it is expanding its lithium exploration project at the Salar de Antofalla in Argentina (the "Project"). The Company has entered into an option agreement with a group of three local vendors to earn a 100% interest in three granted mine concession properties totaling 5,380.5 hectares (the "Optioned Properties") situated adjacent to the Company's 9,000 hectares of 100% held claims (the "Staked Properties").

Key Points: 
  • VANCOUVER, BC, Aug. 4, 2021 /PRNewswire/ --Argentina Lithium & Energy Corp. (TSX-V: LIT) (FSE: OAY3) (OTC: PNXLF), ("Argentina Lithium" or the "Company") is pleased to announce that it is expanding its lithium exploration project at the Salar de Antofalla in Argentina (the "Project").
  • Albemarle Corporation, a major lithium producer, stated that its lithium resource in the southern portion of Salar de Antofalla is expected to be certified as the largest in Argentina,"stated Nikolaos Cacos, President and C.E.O.
  • Located in the famed Lithium Triangle, the geological environment at the Salar de Antofalla is similar to other salars in the region where lithium and potash are found, and the project is less than 20 km west of Argentina's largest lithium producing operation at Salar de Hombre Muerto.
  • Argentina Lithium & Energy Corp is focused on acquiring high quality lithium projects in Argentina, and advancing them towards production in order to meet the growing global demand from the battery sector.