Western Lithium Up 30 Percent on First High-purity Lithium Production

Western Lithium Up 30 Percent on First High-purity Lithium Production

Western Lithium USA appears to be making moves, and the market is taking note. On Tuesday, the company announced that it produced high-grade lithium during the first trial run at its demonstration plant in Germany, and shares of the company shot up 30 percent.

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Simon Moores: Expect Supply Chain Focus for Megafactory Metals

Simon Moores of Benchmark Mineral Intelligence believes that the emergence of battery megafactories will put pressure on supply of graphite, lithium and cobalt. "What I would expect is more focus on the supply chain situation," he told Resource Investing News at VRIC.

Why Stria Lithium’s Latest Metallurgical Results Are So Important

Stria Lithium's president and CEO, Julien Davy, discusses the significance of recent metallurgical test results for the company. The results confirm that Stria can use lithium mineralization from its Pontax lithium project as feedstock for its new pilot plant.

Company News

Dajin Resources Organizing Exploration Program at Teels Marsh

Dajin Resources Organizing Exploration Program at Teels Marsh

Dajin Resources (TSXV:DJI) reported that its management team is organizing an exploration program for its Teels Marsh claims in Nevada. The program will consist of an initial gravity survey and other geological and geophysical work ion preparation for exploratory drill holes at the property.

Nemaska Lithium Closes $1 Million Tranche of Financing

Nemaska Lithium Closes $1 Million Tranche of Financing

Nemaska Lithium (TSXV:NMX) closed the final $1 million dollar tranche of its previously announced private placement, pursuant to its prospective supplement no. 5. 5 million units were issued at a price of $0.020 per unit for total gross proceeds of $1 million.

Lithium Corp. Starts Field Work Portion of Generative Program

Lithium Corp. (OTCQB:LTUM) announced that it has commenced the field work portion of a generative program under which soil and brine samples will be taken at various locations that are prospective for lithium mineralization.

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Company Videos

INN Video: Peter Secker of Canada Lithium

Canada Lithium (TSX:CLQ) President and CEO, Peter Secker, spoke with the Investing News Network at PDAC in Toronto on the Quebec Lithium Project.

Market News

Apple Looking to Break into Electric Vehicle Market

Benchmark Mineral Intelligence reported that Apple Inc. (NASDAQ:AAPL) is being sued by A123 Systems Inc. (ETR:ALC), a lithium-ion battery producer, for stealing its employees to set up a new battery division.

Ben Lillie: Lithium “Powers All of Our Mobile Devices”

At Tedx in New York this month, Ben Lillie spoke about how the element was formed and about its applications in daily life. Lillie talks about the atomic structure of lithium, its uses in everything from batteries to tritium for use in nuclear fusion.

Chile Could be Open to Public-Private Partnerships for Lithium

Reuters reported that Chile is considering public-private partnerships for the development of lithium projects, although the state would keep control of the mineral. Chile is the second largest producer of lithium globally.

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