Find out how to link to GOLDSHEET, and get your site listed here ! Uranium Corporation of India – Operating undergound lithium mining companies to invest in, since 1967.
Urex Energy became Mustang Geothermal, now is now Dakota Territory Resource Corp. Global company with headquarters in Brazil. 265 million to purchase a Canadian lithium exploration company with no reported income. 61 cash per share, reflecting a 22. 5 per cent premium on the closing price on Dec.
15 of Vancouver’s Lithium X, a TSX-listed exploration and development company with lithium projects in Argentina. This marks Nextview’s second deal in as many weeks to secure access to lithium, having last week purchased a 20 per cent stake in Banacora Minerals, which has a lithium project in Mexico. 4 billion stake in Chile’s SQM, a giant lithium producer. Company report released this summer, which also found that the country’s lithium ion battery companies control an estimated 25 per cent of the global supply.
Those companies need lithium to continue their production, and questions persist about where it will come from. There’s just a lot of skepticism around lithium and is there really enough to meet the coming demand? Everyone is seemingly just trying to hedge their bets, so that there won’t be any bottlenecks. The deals point to the rapidly growing lithium ion battery market, the key form of rechargeable batteries used in electric vehicles. 29-year-old chief executive, Brian Paes-Braga, with predicting a shift toward electric vehicles that would spur demand for lithium when he founded the company in 2015. 265 million offer reflects the growth in value of its assets.
We had a lot of parties contact over us the last year. Lithium X joined the TSX in 2015 through a reverse merger with Royce Resources Corp, a company in which serial mining entrepreneur Frank Giustra was a major shareholder, Moubarak said. 2016, Paes-Braga referred to Giustra as a mentor. Since 2015, it has acquired several lithium projects, including its flagship Sal de Los Angeles lithium brine project in Argentina’s Salta region. It holds more than 1 million tonnes of indicated reserves of lithium carbonate equivalent plus one million inferred tonnes, according to a National Instrument 43-101 report. Lithium X also holds a 19 per cent stake in Pure Energy Minerals, which has a lithium project in Nevada, and it has a second project in Argentina.