The Resource Angle

[JRP3]

Novonix graphite deal with LG, up 22% today

NOVONIX and LG Energy Solution Enter into a JDA for Artificial Graphite Anode Material and a US$30 Million Investment Agreement

NOVONIX and LGES to jointly work toward developing artificial graphite anode material for lithium-ion batteries pursuant to a Joint Research and Development Agreement (“JDA”)NOVONIX to issue US$30 million worth of unsecured convertible notes to LGES under a separate Unsecured Convertible Note...

finance.yahoo.com

 

[spacerfc]

A once-shuttered California mine is trying to transform the rare-earth industry

A U.S.-based rare earth supply chain could boost clean energy and electric vehicles — and military weapons.

grist.org

According to Sloustcher, the company’s goal is to begin supplying General Motors with rare-earth alloy later this year, and to produce finished magnets by 2025. At full capacity, MP Materials expects the magnetics factory to produce 1,000 tons of rare-earth magnets a year, supporting the production of roughly half a million EV motors.

 

[JRP3]

Lake Resources taking a major hit on bad news

Lake Resources says its flagship lithium project will be 6 years late

The company also disclosed that its chief executive, David Dickson, had agreed to pay a $US100,000 ($146,000) civil penalty in the US, sending shares diving.

www.afr.com

 

[Cosmacelf]

Lake Resources taking a major hit on bad news

Lake Resources says its flagship lithium project will be 6 years late

The company also disclosed that its chief executive, David Dickson, had agreed to pay a $US100,000 ($146,000) civil penalty in the US, sending shares diving.

www.afr.com

Highlighting yet again that doing deep due diligence on companies before investing is a good idea. And, especially in this space that has so much competition, building a basket makes sense too.

 

[JRP3]

Not really on my radar but Azure Minerals just shot up 640% today

Azure Minerals says Andover lithium potential is enormous

Azure Minerals Ltd (ASX:AZS, OTC:AZRMF) MD Tony Rovira tells Proactive the company continues to intersect broad high-grade lithium, including 112.4 metres at 1.05%, at its Andover Project in Wester...

finance.yahoo.com

 

[Cosmacelf]

Not really on my radar but Azure Minerals just shot up 640% today

Azure Minerals says Andover lithium potential is enormous

Azure Minerals Ltd (ASX:AZS, OTC:AZRMF) MD Tony Rovira tells Proactive the company continues to intersect broad high-grade lithium, including 112.4 metres at 1.05%, at its Andover Project in Wester...

finance.yahoo.com

Who is on your radar? Lithium mining-wise.

 

[JRP3]

No one new that hasn't been previously discussed here, I'm not really following the space as closely as I used to other than tracking my current holdings. Azure just popped up on the Yahoo gainers today and caught my eye but I'm not investing in it.

 

[JRP3]

Lake CEO talks about the new timeline and expectations, (i.e. damage control).

 

[JRP3]

Trend Investing looks at potential 2024 lithium producers

2024 Potential New Lithium Producers To Consider

We will need about 400,000t LCE of new lithium supply in 2024. Find out 2024 potential new lithium producers to consider.

seekingalpha.com

 

[JRP3]

Talon Metals releases plan for nickel mine

Talon Metals releases plan for Minnesota nickel mine that would supply Tesla

The project is likely to receive the same scrutiny over its pollution potential that has stalled two other proposed hardrock mines.

www.startribune.com

 

[JRP3]

Lithium, Tantalum, and Cesium (Written by a shareholder)
The Rare Metal Keeping Xi and Biden Up At Night

Welcome to Power Metals Corp. Website

Power Metals Corp is one of Canada’s newest premier mining companies with a mandate to explore, develop and acquire high quality mining projects.

powermetalscorp.com

 

[wdolson]

Lithium, Tantalum, and Cesium (Written by a shareholder)
The Rare Metal Keeping Xi and Biden Up At Night

Welcome to Power Metals Corp. Website

Power Metals Corp is one of Canada’s newest premier mining companies with a mandate to explore, develop and acquire high quality mining projects.

powermetalscorp.com

By volume the biggest user of cesium is the petroleum industry dwarfing the volumes used in electronics
45 Cesium Uses in Different Industries (Need To Know Facts!) -

I would guess what the article is talking about is the use of cesium in high precision oscillators for electronics. As speeds go up, the need for high precision oscillators does too, though fiber optic data rates have been above the best speeds 5G could do for some time.

If cesium becomes a strategic resource there is quite a bit of it in petroleum drilling fluids pumped into old wells in Oklahoma. Recycling the fluids for cesium and other materials might become profitable some day.

 

[JRP3]

Neo Magnequench, a division of Neo Performance Materials Inc. (“Neo” or the “Company”) (TSX: NEO), recently broke ground on construction of the first rare earth magnet manufacturing facility in Europe designed to produce specialized rare earth permanent magnets for use in electric vehicles, wind turbines, and other clean energy technologies.

Neo Launches Construction of Permanent Rare Earth Magnet Facility - Neo Performance Materials

Neo Performance Materials (TSX: NEO) announced today that the Toronto Stock Exchange has accepted a notice filed by Neo of its intention to make a Normal Course Issuer Bid for up to 3,585,011 of its issued and outstanding common shares. In connection with the Bid, the Company has entered into an...

www.neomaterials.com

 

[Cosmacelf]

Any Piedmont Lithium investors in here? What do people think of them?

 

[JRP3]

I found out about them just as the hype started. Some people here did invest and did quite well on the run up.

 

[Cosmacelf]

I found out about them just as the hype started. Some people here did invest and did quite well on the run up.

The question is, is it still a good investment even after the run up?

 

[ggr]

PLL has been pretty stagnant for the last couple of years, after it was revealed that they forgot to get permits to operate their Lithium mining operation. I think that has been fixed now, I don't have any recent information. 5y chart:

 

[Cosmacelf]

PLL has been pretty stagnant for the last couple of years, after it was revealed that they forgot to get permits to operate their Lithium mining operation. I think that has been fixed now, I don't have any recent information. 5y chart:
View attachment 954517

They what now?

 

[ggr]

They what now?

This article (from nearly 2 years ago) is about them applying for the permit to mine in North Carolina, and around the same time they and Tesla announced a delay. But they announced their initial contract with Tesla nearly a year before. I was already an investor at the time, so I heard about the fact that they had failed to apply for the permit, but my duck-duck-go-fu fails to find an article about that now.

 

[JRP3]

Potential issues with deep sea mining