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Canada Is on the Cusp of a Lithium Awakening

Retrieved on: 
Tuesday, March 21, 2023

NEW YORK, March 21, 2023 /PRNewswire/ -- John Kaiser of Kaiser Research believes Canada is due for a "lithium awakening." According to Kaiser, the market is moving past the 10-year bear market for the resources sector, particularly for juniors, and transitioning into a potential decade-long bull market with lithium leading the charge. Kaiser has been keeping a close eye on Canada's James Bay region, which he sees as a burgeoning area bet but James Bay lithium projects aren't the only ones garnering attention in Canada. The US Inflation Reduction Act has elevated Canada's standing as a battery material manufacturer due to its proximity and trading ties with the US. Sayona Mining Limited (OTCQB: SYAXF) and Piedmont Lithium (NASDAQ: PPL) recently produced its first batch of marketable lithium concentrate at its North American Lithium (NAL) mine in Quebec. E3 Lithium (TSXV: ETL) (OTCQX: EEMMF) is focused on developing its significant lithium resource in Alberta, while Lithium Americas (TSX: LAC) (NYSE: LAC) and Albemarle Corporation (NYSE: ALB) are working on lithium projects in the US.

Key Points: 
  • NEW YORK, March 21, 2023 /PRNewswire/ -- John Kaiser of Kaiser Research believes Canada is due for a "lithium awakening."
  • Sayona Mining Limited (OTCQB: SYAXF) and Piedmont Lithium (NASDAQ: PPL) recently produced its first batch of marketable lithium concentrate at its North American Lithium (NAL) mine in Quebec.
  • E3 Lithium (TSXV: ETL) (OTCQX: EEMMF) is focused on developing its significant lithium resource in Alberta, while Lithium Americas (TSX: LAC) (NYSE: LAC) and Albemarle Corporation (NYSE: ALB) are working on lithium projects in the US.
  • Australian lithium mining companies Sayona Mining Limited (OTCQB: SYAXF) and Piedmont Lithium (NASDAQ: PPL) just successfully produced the first commercially viable spodumene (lithium) concentrate at its jointly owned North American Lithium (NAL) mine in Québec, Canada.

Canada Is on the Cusp of a Lithium Awakening

Retrieved on: 
Tuesday, March 21, 2023

NEW YORK, March 21, 2023 /PRNewswire/ -- John Kaiser of Kaiser Research believes Canada is due for a "lithium awakening." According to Kaiser, the market is moving past the 10-year bear market for the resources sector, particularly for juniors, and transitioning into a potential decade-long bull market with lithium leading the charge. Kaiser has been keeping a close eye on Canada's James Bay region, which he sees as a burgeoning area bet but James Bay lithium projects aren't the only ones garnering attention in Canada. The US Inflation Reduction Act has elevated Canada's standing as a battery material manufacturer due to its proximity and trading ties with the US. Sayona Mining Limited (OTCQB: SYAXF) and Piedmont Lithium (NASDAQ: PPL) recently produced its first batch of marketable lithium concentrate at its North American Lithium (NAL) mine in Quebec. E3 Lithium (TSXV: ETL) (OTCQX: EEMMF) is focused on developing its significant lithium resource in Alberta, while Lithium Americas (TSX: LAC) (NYSE: LAC) and Albemarle Corporation (NYSE: ALB) are working on lithium projects in the US.

Key Points: 
  • NEW YORK, March 21, 2023 /PRNewswire/ -- John Kaiser of Kaiser Research believes Canada is due for a "lithium awakening."
  • Sayona Mining Limited (OTCQB: SYAXF) and Piedmont Lithium (NASDAQ: PPL) recently produced its first batch of marketable lithium concentrate at its North American Lithium (NAL) mine in Quebec.
  • E3 Lithium (TSXV: ETL) (OTCQX: EEMMF) is focused on developing its significant lithium resource in Alberta, while Lithium Americas (TSX: LAC) (NYSE: LAC) and Albemarle Corporation (NYSE: ALB) are working on lithium projects in the US.
  • Australian lithium mining companies Sayona Mining Limited (OTCQB: SYAXF) and Piedmont Lithium (NASDAQ: PPL) just successfully produced the first commercially viable spodumene (lithium) concentrate at its jointly owned North American Lithium (NAL) mine in Québec, Canada.

US Government Gives Grants Worth $2.8B to Build Up EV Batteries Supply Chain

Retrieved on: 
Tuesday, November 8, 2022

NEW YORK, Nov. 8, 2022 /PRNewswire/ -- The United States is continuing to build its domestic EV battery supply chain. The Biden administration has awarded grants totaling $2.8 billion for developing electric vehicle (EV) battery manufacturing facilities in the United States, as the country works to reduce its reliance on Asia. President Joe Biden has set a goal of electrifying half of all new vehicles sold by 2030. Demand for critical minerals critical for EV batteries is expected to skyrocket in the next decade due to increased EV sales, which Biden is calling "one of the most significant economic transitions since the Industrial Revolution." According to the US Department of Energy, the approved projects will eventually supply enough lithium to produce 2 million EVs, enough graphite to produce 1.2 million EVs, and enough nickel to produce 400,000 EVs per year. Albemarle (NYSE:ALB), Talon Metals (TSX:TLO) (OTCPK:TLOFF), and American Battery Technology Co (OTCQB:ABML) are among the companies that have received funding. Meanwhile, FE Battery Metals Corp. (CSE:FE) (OTCQB:FEMFD) and Sayona Mining Limited (OTCQB:SYAXF) are driving the electric future with their lithium mining projects.

Key Points: 
  • NEW YORK, Nov. 8, 2022 /PRNewswire/ -- The United States is continuing to build its domestic EV battery supply chain.
  • Several historical drill hole collars were also located on the Property, which helped in the current program's location and orientation of drill holes.
  • A B-20 drill rig is deployed for this work, which can drill up to a 1,000-meter-deep hole.
  • You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

US Government Gives Grants Worth $2.8B to Build Up EV Batteries Supply Chain

Retrieved on: 
Tuesday, November 8, 2022

NEW YORK, Nov. 8, 2022 /PRNewswire/ -- The United States is continuing to build its domestic EV battery supply chain. The Biden administration has awarded grants totaling $2.8 billion for developing electric vehicle (EV) battery manufacturing facilities in the United States, as the country works to reduce its reliance on Asia. President Joe Biden has set a goal of electrifying half of all new vehicles sold by 2030. Demand for critical minerals critical for EV batteries is expected to skyrocket in the next decade due to increased EV sales, which Biden is calling "one of the most significant economic transitions since the Industrial Revolution." According to the US Department of Energy, the approved projects will eventually supply enough lithium to produce 2 million EVs, enough graphite to produce 1.2 million EVs, and enough nickel to produce 400,000 EVs per year. Albemarle (NYSE:ALB), Talon Metals (TSX:TLO) (OTCPK:TLOFF), and American Battery Technology Co (OTCQB:ABML) are among the companies that have received funding. Meanwhile, FE Battery Metals Corp. (CSE:FE) (OTCQB:FEMFD) and Sayona Mining Limited (OTCQB:SYAXF) are driving the electric future with their lithium mining projects.

Key Points: 
  • NEW YORK, Nov. 8, 2022 /PRNewswire/ -- The United States is continuing to build its domestic EV battery supply chain.
  • Several historical drill hole collars were also located on the Property, which helped in the current program's location and orientation of drill holes.
  • A B-20 drill rig is deployed for this work, which can drill up to a 1,000-meter-deep hole.
  • You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.

Cell-Based Milk Could Change the Dairy Industry

Retrieved on: 
Tuesday, November 8, 2022

NEW YORK, Nov. 8, 2022 /PRNewswire/ -- The dairy industry is among the most environmentally unsustainable sectors due to its contribution to greenhouse emissions, notably the releases of methane and degradation of biodiversity and water resources. However, the latest biotechnological advances are looking to improve the sector's green credentials with the introduction of cell-based milk. Turtle Tree Labs is one startup creating cell-based milk, which promises milk products from cells grown in the lab. The startup produces milk from mammary cells grown in the lab and produces milk in bioreactors. Cell-based milk is a niche sector that could eat into the $871 billion global dairy sector. Meanwhile, the global plant based milk market is continuing to gain steam, hitting nearly $39 billion in 2022. The market is projected to rise at a CAGR of 15.5% to reach $123.2 billion by 2029, creating an opportunity for companies like The Planting Hope Company Inc. (TSXV:MYLK) (OTCQB:MYLKF), The Hain Celestial Group, Inc. (NASDAQ:HAIN), Oatly Group AB (NASDAQ:OTLY), SunOpta Inc. (NASDAQ:STKL) and Danone (OTCQX:DANOY).

Key Points: 
  • Turtle Tree Labs is one startup creating cell-based milk, which promises milk products from cells grown in the lab.
  • The startup produces milk from mammary cells grown in the lab and produces milk in bioreactors.
  • Cell-based milk is a niche sector that could eat into the $871 billion global dairy sector.
  • Planting Hope has cracked the code on developing a plant-based milk from sesame seeds that it claims is nutritionally comparable to dairy milk with 8g of complete protein per serving, and uses 95% less water than almond milk.

Cell-Based Milk Could Change the Dairy Industry

Retrieved on: 
Tuesday, November 8, 2022

NEW YORK, Nov. 8, 2022 /PRNewswire/ -- The dairy industry is among the most environmentally unsustainable sectors due to its contribution to greenhouse emissions, notably the releases of methane and degradation of biodiversity and water resources. However, the latest biotechnological advances are looking to improve the sector's green credentials with the introduction of cell-based milk. Turtle Tree Labs is one startup creating cell-based milk, which promises milk products from cells grown in the lab. The startup produces milk from mammary cells grown in the lab and produces milk in bioreactors. Cell-based milk is a niche sector that could eat into the $871 billion global dairy sector. Meanwhile, the global plant based milk market is continuing to gain steam, hitting nearly $39 billion in 2022. The market is projected to rise at a CAGR of 15.5% to reach $123.2 billion by 2029, creating an opportunity for companies like The Planting Hope Company Inc. (TSXV:MYLK) (OTCQB:MYLKF), The Hain Celestial Group, Inc. (NASDAQ:HAIN), Oatly Group AB (NASDAQ:OTLY), SunOpta Inc. (NASDAQ:STKL) and Danone (OTCQX:DANOY).

Key Points: 
  • Turtle Tree Labs is one startup creating cell-based milk, which promises milk products from cells grown in the lab.
  • The startup produces milk from mammary cells grown in the lab and produces milk in bioreactors.
  • Cell-based milk is a niche sector that could eat into the $871 billion global dairy sector.
  • Planting Hope has cracked the code on developing a plant-based milk from sesame seeds that it claims is nutritionally comparable to dairy milk with 8g of complete protein per serving, and uses 95% less water than almond milk.

Institutional Investors Continue Warming Up To Cryptocurrencies

Retrieved on: 
Wednesday, November 2, 2022

NEW YORK, Nov. 2, 2022 /PRNewswire/ -- The 'smart money' continues to pile into crypto as a portfolio diversification strategy. Nowadays, family offices, hedge funds, and legacy money managers have a very different sentiment on crypto products and services, considering that a whopping $17 billion worth of institutional capital was poured into the space this year alone. Just last month, Apollo Capital, a fund manager with over $500 billion in assets under management, launched the Apollo Capital Frontier Fund, which will focus on NFT infrastructure, decentralized finance and multichain infrastructure. And financial heavyweights Charles Schwab, Citadel Securities and Fidelity Investments, also announced the launch of a new crypto exchange, EDX Markets. Although there is a lot of pent-up demand from institutional investors to participate in the digital asset class, most aren't able to access the ecosystem directly, making companies like Coinbase Global, Inc. (NASDAQ:COIN), Hut 8 Mining Corp. (NASDAQ:HUT) (TSX:HUT), CleanSpark (NASDAQ:CLSK), Citigroup Inc. (NYSE:C) and WonderFi Technologies Inc. (TSX:WNDR) (OTCQB:WONDF) which can provide that access attractive to investors.

Key Points: 
  • Recent metrics show that due to the ongoing cryptocurrency and stock market downturn, investors are now holding onto their crypto at an increasing rate.
  • "Until recently, Canadian investors only had the option to stake on unregistered platforms," said WonderFi President and Interim CEO, Dean Skurka.
  • "As a result, this placed undue risk on Canadian investors, and provided limited oversight in the event that things went wrong.
  • By working with our regulators, and utilizing our external custodian, BitGo, and our institutional staking provider, Figment, we are focused on reducing counterparty risk for our clients.

Institutional Investors Continue Warming Up To Cryptocurrencies

Retrieved on: 
Wednesday, November 2, 2022

NEW YORK, Nov. 2, 2022 /PRNewswire/ -- The 'smart money' continues to pile into crypto as a portfolio diversification strategy. Nowadays, family offices, hedge funds, and legacy money managers have a very different sentiment on crypto products and services, considering that a whopping $17 billion worth of institutional capital was poured into the space this year alone. Just last month, Apollo Capital, a fund manager with over $500 billion in assets under management, launched the Apollo Capital Frontier Fund, which will focus on NFT infrastructure, decentralized finance and multichain infrastructure. And financial heavyweights Charles Schwab, Citadel Securities and Fidelity Investments, also announced the launch of a new crypto exchange, EDX Markets. Although there is a lot of pent-up demand from institutional investors to participate in the digital asset class, most aren't able to access the ecosystem directly, making companies like Coinbase Global, Inc. (NASDAQ:COIN), Hut 8 Mining Corp. (NASDAQ:HUT) (TSX:HUT), CleanSpark (NASDAQ:CLSK), Citigroup Inc. (NYSE:C) and WonderFi Technologies Inc. (TSX:WNDR) (OTCQB:WONDF) which can provide that access attractive to investors.

Key Points: 
  • Recent metrics show that due to the ongoing cryptocurrency and stock market downturn, investors are now holding onto their crypto at an increasing rate.
  • "Until recently, Canadian investors only had the option to stake on unregistered platforms," said WonderFi President and Interim CEO, Dean Skurka.
  • "As a result, this placed undue risk on Canadian investors, and provided limited oversight in the event that things went wrong.
  • By working with our regulators, and utilizing our external custodian, BitGo, and our institutional staking provider, Figment, we are focused on reducing counterparty risk for our clients.

New Study Reveals Psychedelic Drugs Can Be Almost as Life-Changing as Near-Death Experiences

Retrieved on: 
Wednesday, October 5, 2022

NEW YORK, Oct. 5, 2022 /PRNewswire/ -- A new study undertaken by experts at John Hopkins University School of Medicine has revealed that taking psychedelics can have the same transformational effects as a near-death experience (NDE). The study examined the NDEs of over 3,000 persons who reported changes in their attitude toward death following a psychedelic encounter or a near-death experience. Psilocybin (the primary element in magic mushrooms) and ayahuasca, a South American beverage containing the natural hallucinogen DMT, were among the four psychedelic drugs studied. People in the study described both drug and NDE experiences that gave them a more positive attitude about death, with less fear. People reported considerable improvements in psychological insight, well-being, and life purpose. Recent research also suggests that psychedelics can aid in the treatment of depression and anxiety, as well as lead to an increase in emotional well-being. Numinus Wellness (TSX:NUMI) (OTCQX:NUMIF), HCA Healthcare (NYSE:HCA), Bright Minds Biosciences (NASDAQ:DRUG) (CSE:DRUG), LifeStance Health Group (NASDAQ:LFST), and Acadia Healthcare (NASDAQ:ACHC) are working on developing psychedelic-based treatments.

Key Points: 
  • The study examined the NDEs of over 3,000 persons who reported changes in their attitude toward death following a psychedelic encounter or a near-death experience.
  • Psilocybin (the primary element in magic mushrooms) and ayahuasca, a South American beverage containing the natural hallucinogen DMT, were among the four psychedelic drugs studied.
  • People in the study described both drug and NDE experiences that gave them a more positive attitude about death, with less fear.
  • Numinus Wellness Inc. (TSX:NUMI) (OTCQX:NUMIF) is a mental health care firm dedicated to advancing innovative mental health care and safe, evidence-based psychedelic-assisted therapies.

New Study Reveals Psychedelic Drugs Can Be Almost as Life-Changing as Near-Death Experiences

Retrieved on: 
Wednesday, October 5, 2022

NEW YORK, Oct. 5, 2022 /PRNewswire/ -- A new study undertaken by experts at John Hopkins University School of Medicine has revealed that taking psychedelics can have the same transformational effects as a near-death experience (NDE). The study examined the NDEs of over 3,000 persons who reported changes in their attitude toward death following a psychedelic encounter or a near-death experience. Psilocybin (the primary element in magic mushrooms) and ayahuasca, a South American beverage containing the natural hallucinogen DMT, were among the four psychedelic drugs studied. People in the study described both drug and NDE experiences that gave them a more positive attitude about death, with less fear. People reported considerable improvements in psychological insight, well-being, and life purpose. Recent research also suggests that psychedelics can aid in the treatment of depression and anxiety, as well as lead to an increase in emotional well-being. Numinus Wellness (TSX:NUMI) (OTCQX:NUMIF), HCA Healthcare (NYSE:HCA), Bright Minds Biosciences (NASDAQ:DRUG) (CSE:DRUG), LifeStance Health Group (NASDAQ:LFST), and Acadia Healthcare (NASDAQ:ACHC) are working on developing psychedelic-based treatments.

Key Points: 
  • The study examined the NDEs of over 3,000 persons who reported changes in their attitude toward death following a psychedelic encounter or a near-death experience.
  • Psilocybin (the primary element in magic mushrooms) and ayahuasca, a South American beverage containing the natural hallucinogen DMT, were among the four psychedelic drugs studied.
  • People in the study described both drug and NDE experiences that gave them a more positive attitude about death, with less fear.
  • Numinus Wellness Inc. (TSX:NUMI) (OTCQX:NUMIF) is a mental health care firm dedicated to advancing innovative mental health care and safe, evidence-based psychedelic-assisted therapies.