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Galaxy notes lithium carbonate prices in China rose 17% over last 12 months

Green Car Congress

Lithium producer Galaxy Resources Ltd says prices for both technical and battery grade lithium carbonate in its key market, China, have risen significantly on the back of tight demand and supply fundamentals, with current prices up almost 17% on the same time last year. —Galaxy Managing Director Iggy Tan.

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Australia forecasts lithium export earnings of $16B in 2022-23, up from $5B in 2021-22

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Among the lithium-specific findings of the report: Spodumene prices are estimated to rise from an average of US$598 a tonne in 2021 to US$2,700 a tonne in 2022, and US$4,010 a tonne in 2023 before moderating to US$3,130 in 2024. This rapid growth is forecast to be met by gains in output by Australia, Chile and Argentina.

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Neo Lithium closes strategic investment with CATL; ~8% stake; 3Q project

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Limited (CATL), whereby CATL, through a subsidiary controlled by CATL, subscribed for 10,217,503 common shares of Neo Lithium at a price of C$0.84 Finally, the partially processed brine will be sent to Recreo for the carbonation, drying and packaging steps as well as customs to direct export from railroad head.

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Eramine Sudamerica joins Argentine lithium race with Salta plant – ET Auto

Baua Electric

Argentina, located on the so-called “lithium triangle” spanning Bolivia and Chile, is the world’s fourth-largest producer and has been drawing investment from foreign firms as far as Canada and China. Over half the world’s known lithium resources are in South America.

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GM investing $650M in Lithium Americas; offtake agreement from Thacker Pass

Green Car Congress

Lithium carbonate from Thacker Pass will be used in GM’s proprietary Ultium battery cells. This relationship underscores our commitment to develop a sustainable domestic lithium supply chain for electric vehicles. million shares of Lithium Americas at a price of $21.34 and Argentine businesses. Tranche 1: GM to purchase 15.0

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Roskill forecasts increasing dependence of Li market on batteries; switch from portable electronics to hybrids

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In a forecast of the Lithium market through 2017, Roskill Information Services estimates that rechargeable batteries will, in the base-case growth scenario, contribute 75% of the growth in forecast lithium demand to 2017, when total demand for lithium is expected to reach slightly more than 238,000t lithium carbonate equivalent (LCE).

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Opinion: Why Lithium Will See Another Price Spike This Fall

Green Car Congress

Although the price trajectory of the metal has been subdued in recent months, the fundamentals behind the long-term trajectory suggest strong potential for long-term growth. There is no doubt as to the push that Tesla has given the current automotive transition to electric vehicles (EVs). Electrical Grid Connections.

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