Advancing mechanization and electrification require more and more batteries, and therefore lithium. Whether batteries in electric vehicles, in portable devices such as cell phones or for storing renewable energies, lithium is necessary. Despite the crisis in the price of lithium, the fundamental data is promising, even if the price of the raw material has fallen by around 80 percent since the record price at the end of 2022.

This is probably due to a lithium surplus. However, producers, for example in the important production country Australia, are already reacting and reducing production. Inexpensive projects in particular are likely to benefit. Lithium prices should therefore recover in the medium to long term. Most lithium currently comes from Australia and South America. The EU gets most of its lithium from China, South Africa and Turkey. There are forecasts predicting an increase in lithium demand of more than 600 percent by 2030. The EU alone is estimated to need eighteen times more lithium by 2030.

There is also lithium in Germany, namely in the Upper Rhine Graben, 5,000 meters deep in thermal water. There are plans to pump lithium-rich thermal water up from gas wells in Lower Saxony. The economic viability of this possible lithium extraction is still uncertain, but it would certainly be environmentally friendly.

Century Lithium – https://www.commodity-tv.com/ondemand/companies/profil/century-lithium-corp/ – is one of the well-positioned lithium companies that can benefit from the rise in the lithium price. Its Clayton Valley lithium project in Nevada is already in the test phase.

Targa Exploration – https://www.commodity-tv.com/ondemand/companies/profil/targa-exploration-corp/ – also has promising lithium projects in Quebec, Saskatchewan, Manitoba and Ontario.

Current company information and press releases from Century Lithium (- https://www.resource-capital.ch/en/companies/century-lithium-corp/ -).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 – 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/