Five Top Lithium and EV Stocks That Could Rise as Lithium Hits All Time Highs September 20, 2022 - Baystreet.ca InsideFinancialNews.com - Electric vehicle and lithium companies continue to jockey for lithium resources and supplies as the world experiences astronomical growth amidst a move to electric vehicles, including Recharge Resources Ltd. (CSE: RR) (OTC: RECHF), Tesla Inc. (NASDAQ: TSLA), Lithium Americas (TSX: LAC), American Lithium (TSXV: LI) and Piedmont Lithium (NASDAQ: PLL). Bloomberg News announced just last week that Lithium carbonate had hit a fresh record of 500,500 yuan ($71,315) a ton in China, according to data from Asian Metal Inc noting. Bloomberg further noted “The surge in prices of lithium, the key battery material used to power electric cars, is seemingly unstoppable.” Look at Recharge Resources (CSE: RR) (OTC: RECHF), For Example: Recharge today announced the company’s project manager has entered into a drill contract for the company’s imminent drilling for its “Pocitos 1” Lithium Brine project in Salta, Argentina. The company has advanced an additional USD $141,000 to the now fully funded and now fully advanced production diameter well drill program. Recharge expects their upcoming drill program to commence on or around October 7th., 2022. Recharge is working closely with it’s in-country advisors on the fully funded single 400-meter production diameter well located between the two previously drilled exploration HQ diamond drill holes which will be positioned to confirm the continuity of aquifer containing the lithium brines delineated during previous drill campaigns for the establishment of a NI 43-101 compliant resource. "With a now fully funded and executed drill contract with funds advanced to the contracting parties Recharge’s planned drilling of a production diameter well at the Pocitos 1 lithium salar is moving forward quickly. With two existing drill holes in place, this new drilling will contribute to establishing a NI 43-101 mineral resource estimate. We have benefitted greatly from an Argentinian geological team which has empowered us to continue to make progress towards our next goals of establishing a NI 43-101 compliant mineral resource, a scoping study of the project, identifying offtake or supply opportunities for lithium products and strategic partners for the Pocitos 1 Project.” - stated David Greenway, CEO of Recharge Resources Other related developments from around the markets include: Tesla Inc. CNBC reported that Electric car giant Tesla is evaluating the feasibility of a lithium hydroxide refining facility on the gulf coast of Texas. Tesla said the plant would be focused on the development of “battery-grade lithium hydroxide” and be “the first of its kind in North America,” according to a newly released letter to the Texas Comptroller’s Office. Lithium Americas Inc. announced 2nd quarter results including driving towards production in Argentina. Construction continues to progress towards production with key areas of the processing plant preparing to commence commissioning shortly. 33kv power line, gas pipeline and the water systems were completed and commissioned. Over 1,650 workers on site with teams beginning to transition from construction to operations. With construction over 90% complete, focus has shifted to prioritize production over completion of all purification circuits. As a result, a portion of the purification process designed to achieve battery-quality is being deferred until early 2023. American Lithium., American Lithium Commences EIA drilling at Falchani and awards Pea update work to DRA Global and Stantec Inc. American Lithium, a member of the TSX Venture 50, is actively engaged in the acquisition, exploration and development of lithium projects within mining-friendly jurisdictions throughout the Americas. The company is currently focused on enabling the shift to the new energy paradigm through the continued exploration and development of its strategically located TLC lithium claystone project in the richly mineralized Esmeralda lithium district in Nevada as well as continuing to advance its Falchani lithium and Macusani uranium development projects in southeastern Peru. Both Falchani and Macusani have been through preliminary economic assessments, exhibit strong additional exploration potential and are situated near significant infrastructure. Piedmont Lithium, Piedmont Lithium Selects Tennessee for New Lithium Hydroxide Project. Piedmont is a leading global developer of lithium resources critical to the U.S. electric vehicle ("EV") supply chain, today announced the selection of Etowah, Tennessee in McMinn County as the location of the company's planned 30,000 metric ton per year ("tpy") LHP 2 lithium hydroxide operation ("Tennessee Lithium" or "Project"). With a planned completion and start of production in 2025, the company believes Tennessee Lithium will be the largest lithium hydroxide processing facility constructed in the United States. The project is expected to convert spodumene concentrate sourced principally from Piedmont's international project investments to significantly expand the U.S. supply of lithium hydroxide, a key component in the manufacturing of EV batteries. Source: InsideFinancialNews.com ("IFN") Disclaimer: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This may be a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. InsideFinancialNews.com or its owners may or may not have been paid a fee by Recharge Resources for the preparation of this article. There may be 3rd parties who may have shares of Recharge Resources Ltd., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. IFN reserves the right to buy and sell, and will buy and sell shares of Recharge Resources Ltd. at any time thereafter without any further notice. IFN also expects further compensation as an ongoing effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material disseminated by IFN on/about Recharge Resources Ltd. has been reviewed and approved by the principals at Recharge Resources Ltd..; this is a paid advertisement, and while we do own shares of Recharge Resources Ltd. that were purchased in the open market, we plan on buying and selling more shares of Recharge Resources Ltd. in the open market. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.
Five Top Lithium and EV Stocks That Could Rise as Lithium Hits All Time Highs September 20, 2022 - Baystreet.ca InsideFinancialNews.com - Electric vehicle and lithium companies continue to jockey for lithium resources and supplies as the world experiences astronomical growth amidst a move to electric vehicles, including Recharge Resources Ltd. (CSE: RR) (OTC: RECHF), Tesla Inc. (NASDAQ: TSLA), Lithium Americas (TSX: LAC), American Lithium (TSXV: LI) and Piedmont Lithium (NASDAQ: PLL). Bloomberg News announced just last week that Lithium carbonate had hit a fresh record of 500,500 yuan ($71,315) a ton in China, according to data from Asian Metal Inc noting. Bloomberg further noted “The surge in prices of lithium, the key battery material used to power electric cars, is seemingly unstoppable.” Look at Recharge Resources (CSE: RR) (OTC: RECHF), For Example: Recharge today announced the company’s project manager has entered into a drill contract for the company’s imminent drilling for its “Pocitos 1” Lithium Brine project in Salta, Argentina. The company has advanced an additional USD $141,000 to the now fully funded and now fully advanced production diameter well drill program. Recharge expects their upcoming drill program to commence on or around October 7th., 2022. Recharge is working closely with it’s in-country advisors on the fully funded single 400-meter production diameter well located between the two previously drilled exploration HQ diamond drill holes which will be positioned to confirm the continuity of aquifer containing the lithium brines delineated during previous drill campaigns for the establishment of a NI 43-101 compliant resource. "With a now fully funded and executed drill contract with funds advanced to the contracting parties Recharge’s planned drilling of a production diameter well at the Pocitos 1 lithium salar is moving forward quickly. With two existing drill holes in place, this new drilling will contribute to establishing a NI 43-101 mineral resource estimate. We have benefitted greatly from an Argentinian geological team which has empowered us to continue to make progress towards our next goals of establishing a NI 43-101 compliant mineral resource, a scoping study of the project, identifying offtake or supply opportunities for lithium products and strategic partners for the Pocitos 1 Project.” - stated David Greenway, CEO of Recharge Resources Other related developments from around the markets include: Tesla Inc. CNBC reported that Electric car giant Tesla is evaluating the feasibility of a lithium hydroxide refining facility on the gulf coast of Texas. Tesla said the plant would be focused on the development of “battery-grade lithium hydroxide” and be “the first of its kind in North America,” according to a newly released letter to the Texas Comptroller’s Office. Lithium Americas Inc. announced 2nd quarter results including driving towards production in Argentina. Construction continues to progress towards production with key areas of the processing plant preparing to commence commissioning shortly. 33kv power line, gas pipeline and the water systems were completed and commissioned. Over 1,650 workers on site with teams beginning to transition from construction to operations. With construction over 90% complete, focus has shifted to prioritize production over completion of all purification circuits. As a result, a portion of the purification process designed to achieve battery-quality is being deferred until early 2023. American Lithium., American Lithium Commences EIA drilling at Falchani and awards Pea update work to DRA Global and Stantec Inc. American Lithium, a member of the TSX Venture 50, is actively engaged in the acquisition, exploration and development of lithium projects within mining-friendly jurisdictions throughout the Americas. The company is currently focused on enabling the shift to the new energy paradigm through the continued exploration and development of its strategically located TLC lithium claystone project in the richly mineralized Esmeralda lithium district in Nevada as well as continuing to advance its Falchani lithium and Macusani uranium development projects in southeastern Peru. Both Falchani and Macusani have been through preliminary economic assessments, exhibit strong additional exploration potential and are situated near significant infrastructure. Piedmont Lithium, Piedmont Lithium Selects Tennessee for New Lithium Hydroxide Project. Piedmont is a leading global developer of lithium resources critical to the U.S. electric vehicle ("EV") supply chain, today announced the selection of Etowah, Tennessee in McMinn County as the location of the company's planned 30,000 metric ton per year ("tpy") LHP 2 lithium hydroxide operation ("Tennessee Lithium" or "Project"). With a planned completion and start of production in 2025, the company believes Tennessee Lithium will be the largest lithium hydroxide processing facility constructed in the United States. The project is expected to convert spodumene concentrate sourced principally from Piedmont's international project investments to significantly expand the U.S. supply of lithium hydroxide, a key component in the manufacturing of EV batteries. Source: InsideFinancialNews.com ("IFN") Disclaimer: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This may be a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. InsideFinancialNews.com or its owners may or may not have been paid a fee by Recharge Resources for the preparation of this article. There may be 3rd parties who may have shares of Recharge Resources Ltd., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. IFN reserves the right to buy and sell, and will buy and sell shares of Recharge Resources Ltd. at any time thereafter without any further notice. IFN also expects further compensation as an ongoing effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material disseminated by IFN on/about Recharge Resources Ltd. has been reviewed and approved by the principals at Recharge Resources Ltd..; this is a paid advertisement, and while we do own shares of Recharge Resources Ltd. that were purchased in the open market, we plan on buying and selling more shares of Recharge Resources Ltd. in the open market. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between the any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.