LAAC

Mining Sector Prepares Ahead of 1,500% Surge in Lithium Demand by 2050

Retrieved on: 
星期二, 五月 7, 2024

VANCOUVER, BC, May 7, 2024 /PRNewswire/ -- USA News Group – Even though prices are currently down from where they were in 2022, experts still see the monumental importance of lithium in the years and decades ahead. According to a recent post, the UN Trade & Development (UNCTAD) projects based on data from the International Energy Agency (IEA) that by 2050, lithium demand could rise by over 1,500%. UCTAD also believes that to achieve the global 2030 net-zero emission targets, the lithium mining industry will need 70 new mines. Seeking to provide the critical minerals necessary for the green electric revolution, lithium miners continue to develop several promising new projects, including Lithium South Development Corporation (TSXV:LIS) (OTC:LISMF), Lithium Americas (Argentina) Corp. (NYSE:LAAC), Atlas Lithium Corporation (NASDAQ:ATLX), Standard Lithium Ltd. (NYSE-American: SLI) (TSXV: SLI), and Rio Tinto Group (NYSE:RIO).

Key Points: 
  • According to a recent post , the UN Trade & Development (UNCTAD) projects based on data from the International Energy Agency (IEA) that by 2050, lithium demand could rise by over 1,500%.
  • UCTAD also believes that to achieve the global 2030 net-zero emission targets, the lithium mining industry will need 70 new mines.
  • The purified, concentrated lithium solution will subsequently be converted into technical-grade lithium carbonate.
  • "The hard work of our Rincon team is laying the groundwork for our first lithium production by year's end," said Stausholm.

Mining Sector Prepares Ahead of 1,500% Surge in Lithium Demand by 2050

Retrieved on: 
星期二, 五月 7, 2024

VANCOUVER, BC, May 7, 2024 /PRNewswire/ -- USA News Group – Even though prices are currently down from where they were in 2022, experts still see the monumental importance of lithium in the years and decades ahead. According to a recent post, the UN Trade & Development (UNCTAD) projects based on data from the International Energy Agency (IEA) that by 2050, lithium demand could rise by over 1,500%. UCTAD also believes that to achieve the global 2030 net-zero emission targets, the lithium mining industry will need 70 new mines. Seeking to provide the critical minerals necessary for the green electric revolution, lithium miners continue to develop several promising new projects, including Lithium South Development Corporation (TSXV:LIS) (OTC:LISMF), Lithium Americas (Argentina) Corp. (NYSE:LAAC), Atlas Lithium Corporation (NASDAQ:ATLX), Standard Lithium Ltd. (NYSE-American: SLI) (TSXV: SLI), and Rio Tinto Group (NYSE:RIO).

Key Points: 
  • According to a recent post , the UN Trade & Development (UNCTAD) projects based on data from the International Energy Agency (IEA) that by 2050, lithium demand could rise by over 1,500%.
  • UCTAD also believes that to achieve the global 2030 net-zero emission targets, the lithium mining industry will need 70 new mines.
  • The purified, concentrated lithium solution will subsequently be converted into technical-grade lithium carbonate.
  • "The hard work of our Rincon team is laying the groundwork for our first lithium production by year's end," said Stausholm.

Lithium Argentina to Release First Quarter 2024 Results on May 13, 2024

Retrieved on: 
星期一, 四月 22, 2024

VANCOUVER, British Columbia, April 22, 2024 (GLOBE NEWSWIRE) -- Lithium Americas (Argentina) Corp. (TSX: LAAC) (NYSE: LAAC) (“Lithium Argentina” or the “Company”) will release its first quarter 2024 earnings results after market close on Monday, May 13, 2024.

Key Points: 
  • VANCOUVER, British Columbia, April 22, 2024 (GLOBE NEWSWIRE) -- Lithium Americas (Argentina) Corp. (TSX: LAAC) (NYSE: LAAC) (“Lithium Argentina” or the “Company”) will release its first quarter 2024 earnings results after market close on Monday, May 13, 2024.
  • The Company will hold a webcast and conference call to discuss its first quarter 2024 results on Tuesday, May 14, at 10:00 a.m.
  • ET.
  • The webcast will be accessible on the Investor Relations section of the Company website at https://lithium-argentina.com/investor-relations/events-and-presentation...

Demand Climbs as Global Lithium Market Size Expected to Reach $9.03 Billion in 2024

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星期二, 四月 2, 2024

A report from Grand View Research said that revenues will reach USD 9.03 billion in 2024 and the Increasing investments in EV manufacturing across the world are expected to positively influence the growth of the lithium market over the forecast period (2024 to 2030).

Key Points: 
  • A report from Grand View Research said that revenues will reach USD 9.03 billion in 2024 and the Increasing investments in EV manufacturing across the world are expected to positively influence the growth of the lithium market over the forecast period (2024 to 2030).
  • In 2018, Interior Department listed lithium as a critical mineral, which paced up the mine permitting process.
  • Grand View Research continued: “The market is characterized by a high degree of innovation to optimize both the manufacturing process, and also obtain high purity lithium.
  • Players have invested in R&D heavily to optimize the usage of lithium in high-growth end use segments such as electric vehicles.

Lithium Argentina Reports Fourth Quarter and Full Year 2023 Results

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星期四, 三月 21, 2024

VANCOUVER, British Columbia, March 20, 2024 (GLOBE NEWSWIRE) -- Lithium Americas (Argentina) Corp. (“Lithium Argentina,” the “Company,” or “LAAC”) (TSX: LAAC) (NYSE: LAAC), formerly Lithium Americas Corp. (“Lithium Americas” or “LAC”), today announced fourth quarter and full year 2023 results, as well as its 2024 outlook.

Key Points: 
  • VANCOUVER, British Columbia, March 20, 2024 (GLOBE NEWSWIRE) -- Lithium Americas (Argentina) Corp. (“Lithium Argentina,” the “Company,” or “LAAC”) (TSX: LAAC) (NYSE: LAAC), formerly Lithium Americas Corp. (“Lithium Americas” or “LAC”), today announced fourth quarter and full year 2023 results, as well as its 2024 outlook.
  • Production commenced in June 2023 at Caucharí-Olaroz, the largest new greenfield lithium brine project.
  • In 2023, approximately 6,000 tonnes of lithium carbonate were produced, achieving 99.5% lithium carbonate content and technical-quality specifications.
  • Commenting on the results for the twelve-month period ended December 31, 2023, John Kanellitsas, Executive Chairman, Lithium Argentina commented:
    “Last year was a milestone year for Lithium Argentina, with the commencement of operations at the Caucharí-Olaroz site in Argentina.

Lithium Argentina Announces Appointment of Two New Board Members

Retrieved on: 
星期二, 三月 19, 2024

Mr. Kanellitsas, Executive Chair of the Board, commented, “On behalf of the Board of Directors, I am pleased to welcome both Sam and Monica to the Board.

Key Points: 
  • Mr. Kanellitsas, Executive Chair of the Board, commented, “On behalf of the Board of Directors, I am pleased to welcome both Sam and Monica to the Board.
  • We believe her experience in business strategy and ESG coupled with her knowledge of the political and regulatory landscape of both Canada and Argentina will prove to be beneficial to Lithium Argentina.
  • Mr. Pigott recently joined Lithium Argentina as CEO and today, as an executive member of the board.
  • He joins Lithium Argentina from Ganfeng Lithium, where he has led the International Business Development group for the past six years.

Lithium Argentina Announces Ganfeng Lithium Agrees to Acquire Interest in Pastos Grandes for $70M

Retrieved on: 
星期二, 三月 5, 2024

VANCOUVER, British Columbia, March 05, 2024 (GLOBE NEWSWIRE) -- Lithium Americas (Argentina) Corp. (TSX/NYSE: LAAC) (“Lithium Argentina” or the “Company”) is pleased to announce it and certain of its subsidiaries have executed a definitive agreement (the “Transaction”) with a subsidiary of Ganfeng Lithium Co. Ltd. (“Ganfeng Lithium”,) whereby Ganfeng Lithium agrees to acquire $70 million in newly issued shares of Proyecto Pastos Grandes S.A. (“PGCo”), the Company’s indirect wholly-owned Argentinian subsidiary holding the Pastos Grandes project (“Pastos Grandes” or “Project”) in Salta, Argentina, which is expected to represent an approximate 15% interest in PGCo and the Project.

Key Points: 
  • VANCOUVER, British Columbia, March 05, 2024 (GLOBE NEWSWIRE) -- Lithium Americas (Argentina) Corp. (TSX/NYSE: LAAC) (“Lithium Argentina” or the “Company”) is pleased to announce it and certain of its subsidiaries have executed a definitive agreement (the “Transaction”) with a subsidiary of Ganfeng Lithium Co. Ltd. (“Ganfeng Lithium”,) whereby Ganfeng Lithium agrees to acquire $70 million in newly issued shares of Proyecto Pastos Grandes S.A. (“PGCo”), the Company’s indirect wholly-owned Argentinian subsidiary holding the Pastos Grandes project (“Pastos Grandes” or “Project”) in Salta, Argentina, which is expected to represent an approximate 15% interest in PGCo and the Project.
  • Pastos Grandes is an advanced stage lithium brine project acquired by the Company in early 2022 with the acquisition of Millennial Lithium Inc.
  • The Project is in the same basin as the Sal de la Puna project (together, the “Pastos Grandes Basin”), adjacent to Ganfeng Lithium’s Pozuelos-Pastos Grandes project (“PPG”) and 100 km from the operating Caucharí-Olaroz project (“Caucharí-Olaroz”) jointly owned and operated by Lithium Argentina and Ganfeng Lithium.
  • Proceeds of the subscription are to be allocated to the advancement of the Company's lithium projects in Argentina.

Surging Lithium Market Growth Expected Through 2030 Due to Increasing Adoption of Cleaner Energy Sources

Retrieved on: 
星期一, 三月 4, 2024

Rising demand for lithium batteries, lubricants, glass & ceramics, and foundry is expected to foster the growth of this market.

Key Points: 
  • Rising demand for lithium batteries, lubricants, glass & ceramics, and foundry is expected to foster the growth of this market.
  • The growing adoption of hybrid and electric vehicles, high-drain portable electronics, and energy storage systems have boosted the growth of the overall market.
  • The Paris Agreement aims to reduce greenhouse gas (GHG) emissions by at least 40% under its 2030 climate and energy framework.
  • Governments in several countries worldwide are implementing strict emission standards to reduce and control carbon emissions, thus augmenting market growth.

Lithium Argentina Announces Appointment of new President and CEO

Retrieved on: 
星期一, 二月 26, 2024

VANCOUVER, British Columbia, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Lithium Americas (Argentina) Corp. (TSX: LAAC) (NYSE: LAAC) (“Lithium Argentina” or the “Company”) announces the Board’s unanimous decision to appoint Sam Pigott as President and Chief Executive Officer (“CEO”) which will become effective on March 18, 2024.

Key Points: 
  • VANCOUVER, British Columbia, Feb. 26, 2024 (GLOBE NEWSWIRE) -- Lithium Americas (Argentina) Corp. (TSX: LAAC) (NYSE: LAAC) (“Lithium Argentina” or the “Company”) announces the Board’s unanimous decision to appoint Sam Pigott as President and Chief Executive Officer (“CEO”) which will become effective on March 18, 2024.
  • He will succeed John Kanellitsas, Executive Chairman, President and Interim CEO of the Company, who will continue on in his role as Executive Chairman of the Board.
  • The rigorous search process has resulted in the appointment of an exceptional executive who possesses the qualities needed to properly lead Lithium Argentina.
  • He joins Lithium Argentina from Ganfeng Lithium, where he has led the International Business Development group for the past six years.

Third Edition of the Mexico Open at Vidanta, the Top Social and Sporting Event in Latin America, Launches on Feb. 22

Retrieved on: 
星期三, 二月 21, 2024

The tournament organized by Grupo Salinas, part of the PGA TOUR, has established itself as the pre-eminent social and sporting event in Mexico and Latin America.

Key Points: 
  • The tournament organized by Grupo Salinas, part of the PGA TOUR, has established itself as the pre-eminent social and sporting event in Mexico and Latin America.
  • It will take place from February 22 to 25 at Vidanta Vallarta, Mexico.
  • In its third edition, the tournament will feature a field of 132 professionals competing for a prize purse that has increased to $8.1 million this year.
  • The winner will receive 500 FedExCup points and an invitation to compete in a select number of PGA TOUR events.