Lithium Junior Miners Information For The Month Of April 2024

Welcome to the April 2024 version of the ‘junior’ lithium miner information. We’ve categorized these lithium miners that aren’t in manufacturing because the juniors.

Word: Buyers are reminded that most of the lithium juniors will almost certainly not be wanted till the mid and late 2020’s to produce the possibly booming electrical automobile [EV] and power storage markets. This implies investing in these firms requires a better threat tolerance and an extended timeframe.

April noticed lithium costs usually flat after recovering in Q1, 2024.

Lithium value information

Asian Steel reported through the previous 30 days, the China delivered lithium carbonate (99.5% min.) spot value was up 0.13% and the China lithium hydroxide (56.5% min.) value was up 0.23%. The Lithium Iron Phosphate (3.9% min) value was down 0.77%. The Spodumene (6% min) value was up 1.2% over the previous 30 days.

Metal.com reported lithium spodumene focus Index (Li2O 5.5%-6.2%, excluding tax/insurance coverage/freight) spot value of USD 1,133, as of April 24, 2024.

China lithium carbonate spot value 5 12 months chart – CNY 110,500 (~USD 15,249) (source)

Rio Tinto forecasts lithium rising provide hole (chart from 2021) – 60 new mines the scale of Jadar wanted

Lithium market information

For a abstract of the newest lithium market information and the ‘main’ lithium firm’s information, traders can learn: “Lithium Miners News For The Month Of April 2024” article. Highlights embrace:

• Chinese language EV battery maker Rept plans to construct its 1st abroad plant in Indonesia.
• China’s ‘battery king’ (CEO of CATL) dismisses solid-state EV commercialization as years away.
• Chile opens 26 lithium salt flats to non-public firms.
• CATL, bus maker Yutong collectively launch battery with as much as 15-year lifespan and 1.5 million kilometers.
• Lithium steel deficit may restrict next-generation battery growth this 12 months.
• Fastmarkets – “We forecast a fairly balanced market in 2024.”
• Huayou Cuts lithium manufacturing, prices on battery metals rout.
• Wooden Mackenzie forecasts a further 873 kt LCE to be added to produce (69% from Chinese language-based property) in 2024 and 2025, resulting in a market surplus.

Junior lithium miners firm information

Liontown Sources [ASX:LTR] (OTCPK:LINRF)

Liontown Sources 100% personal the Kathleen Valley Lithium spodumene mission in Western Australia.

No important information for the month.

Upcoming catalysts embrace:

• Mid 2024: Commissioning with manufacturing set to start mid 2024 on the Kathleen Valley Mission.
• 2023-25: Research with Sumitomo Company to provide lithium hydroxide in Japan.

Eramet [FR:ERA] (OTCPK:ERMAY) (OTCPK:ERMAF)

Eramet is in a JV ‘Eramine Sudamerica’ (50.1% Eramet, 49.9% Tsingshan) which owns the Centenario-Ratones Lithium Mission in Argentina. Eramet targets to start out DLE manufacturing by Q2 2024.

On April 12, Eramet announced:

Eramet: Data regarding the repurchase for cancellation by Eramet of €7,500,000 of its excellent personal placement in a principal quantity of €50,000,000 with an annual rate of interest of 5.29 per cent. Bonds due 22 April 2026 (ISIN: FR0011860923) (the “Bonds”)…Eramet (the “Company”) proclaims that it has repurchased greater than 10% of the bond situation…

Upcoming catalysts embrace:

• Q2, 2024 – Begin of lithium manufacturing in Argentina. Progress building pics here.

POSCO [KRX:005490] (PKX)

POSCO owns the northern Sal de Vida (Hombre Muerto salar, Argentina) tenements. POSCO additionally has a JV with Pilbara Minerals on a 43ktpa lithium hydroxide facility in S Korea.

On April 19, KED International reported:

POSCO-Pilbara JV delivers 1st order of lithium hydroxide…value 28 tons, produced from its plant in Gwangyang, Korea, to its cathode-producing buyer on Tuesday…

Upcoming catalysts embrace:

• H1, 2024 – Goal to begin manufacturing at Hombre Muerto and ramp to 25ktpa LiOH.

Leo Lithium Restricted [ASX:LLL] (OTCPK:LLLAF)

Leo Lithium is growing the Goulamina Lithium Mission (50/50 JV with Ganfeng Lithium) in Mali with a complete Useful resource of 211 Mt @ 1.37% Li2O.

On April 2 Leo Lithium announced:

2023 Annual Monetary Report Lodgement…As soon as the problems regarding Goulamina are resolved with the Mali Authorities and a settlement is reached, the Firm expects, inside an inexpensive timeframe, to be ready to lodge its audited Annual Monetary Report for the 12 months ended 31 December 2023.

Upcoming catalysts embrace:

• Q3, 2024: Commissioning focused to start for Goulamina Lithium Mission. The result of negotiations with the Mali Gov.

Atlas Lithium Corp. (ATLX)

On March 28, Atlas Lithium announced:

Atlas Lithium secures US$ 30,000,000 strategic funding and offtake settlement from Mitsui. Atlas Lithium Company (NASDAQ: ATLX), a lithium exploration and growth firm, is happy to announce that it has signed definitive funding and offtake agreements with Mitsui & Co., Ltd. (“Mitsui”) which the Firm considers as robust validation of its mission and group. Mitsui is buying US$ 30,000,000 in widespread shares of Atlas Lithium at a ten% premium to the 5-day VWAP (the “Strategic Investment”) and on the similar time coming into into an Offtake Settlement (the “Offtake”) for the long run buy of 15,000 tons of lithium focus from Part 1 and 60,000 tons per 12 months for 5 years from Part 2 of Atlas Lithium’s quickly to be producing Neves Mission in Brazil’s Lithium Valley. The Strategic Funding offers Atlas Lithium with instantly out there funds to proceed its fast growth in the direction of income era with the manufacturing and sale of high-quality, low price, environmentally sustainable lithium focus.

Upcoming catalysts embrace:

• Q4, 2024/Q1, 2025 – Manufacturing focused to start on the Das Neves Lithium Mission in Brazil.

Rio Tinto [ASX:RIO] [LN:RIO] (RIO)

On April 17, Rio Tinto announced:

Rio Tinto releases first quarter manufacturing outcomes…On the Rincon lithium mission in Argentina, growth of the three thousand tonne every year lithium carbonate starter plant is ongoing as we progressed the development of a further 400-bed camp facility (500 already accomplished) and concrete works. Structural, mechanical, piping, electrical and instrumentation set up exercise is ramping as much as plan. We progressed research for the full-scale operation through the quarter, and the exploration marketing campaign to additional perceive Rincon’s basin, brine and water reservoirs. We proceed to interact with communities, the province of Salta and the Authorities of Argentina to make sure an open and clear dialogue with stakeholders in regards to the works underway. We proceed to count on first manufacturing from the starter plant by the top of 2024…

On April 23, GlobeNewswire reported: “Midland amends its lithium option agreement With Rio Tinto with the addition of the Wookie Project.” Highlights embrace:

• “Addition of the Wookie project to the option agreement with RTEC.
• Additional $1,5M of expenditures for the initial 50% and $4,0M for 70% interest, with additional $100,000 cash payment upon execution and another $250,000 over a 4-year period.”

On April 23, Reuters reported:

Rio Tinto, Eramet and LG Power search to develop lithium extraction tech for Chile…are amongst 30 firms which have submitted proposals to develop lithium extraction know-how for a Chilean salt flat within the early levels of exploration, state-run mining physique ENAMI mentioned. Chile is searching for to develop the salt flat often known as Salares Altoandinos for lithium mining. ENAMI has requested bidding firms to element step-by-step plans to check the brine deposits of the salt flats, define potential processes to succeed in battery grade lithium, and to state whether or not they had a plan to evaluate the environmental affect of brine reinjection.

Upcoming catalysts embrace:

• Late 2024 – Plans to start manufacturing of three,000tpa at their Rincon Lithium Mission in Argentina.

Atlantic Lithium Restricted [LSE:ALL] [ASX:A11] (OTCQX:ALLIF)

Atlantic Lithium is progressing its Ewoyaa JV Mission in Ghana in the direction of manufacturing. Piedmont Lithium has an efficient 40.5% mission earn-in share.

On April 24, Atlantic Lithium Restricted announced: “Quarterly activities and cash flow report for the quarter ended 31 March 2024. Atlantic Lithium looks ahead to major near-term value-drivers as it advances the Ewoyaa Lithium Project towards shovel-readiness.” Highlights embrace:

Exploration:

• “Assay results received for a total of 9,734m of drilling completed in 2023 over the new Dog-Leg target, Okwesi, Anokyi and Ewoyaa South-2 deposits, which sit outside of the current JORC (2012) compliant 35.3Mt @ 1.25% Li₂O Mineral Resource Estimate (“MRE”)¹ for the Project. Results reported during the period represent the final results for the 2023 drilling season, with a total of 25,898m drilled throughout the year. Multiple high-grade and broad drill intersections reported in results, including at Dog-Leg, where drilling intersected a shallow-dipping, near surface mineralised pegmatite body with true thicknesses of up to 35m. Highlight intersections include 69m at 1.25% Li₂O from 45m and 83m at 1% Li₂O from 36m at Dog-Leg.
• Completion of reverse circulation (“RC”) and diamond core (“DD”) resource growth drilling at the Dog-Leg target, with assays pending.
• Results of drilling completed in 2023 and results pending for 2024 to be incorporated into a MRE upgrade, targeted during H2 2024…

Company

• “Completion of the Minerals Earnings Funding Fund of Ghana’s (“MIIF”) Subscription for 19,245,574 Atlantic Lithium shares for a price of US$5m, representing Stage 1 of MIIF’s agreed whole US$32.9 million Strategic Funding to expedite the event of the Mission in the direction of manufacturing.
• Robust curiosity for spodumene focus to be produced at Ewoyaa continues to be demonstrated from a variety of business gamers around the globe via the Firm’s ongoing aggressive offtake partnering course of to safe funding for a portion of the remaining 50% out there feedstock from Ewoyaa. Formal bids from remaining events anticipated to be acquired within the coming weeks forward of ultimate negotiations.
• Buy of 24.3m Atlantic Lithium shares at a premium by main shareholder Assore Worldwide Holdings (“Assore”) from strategic funding accomplice Piedmont Lithium Inc. (NASDAQ: PLL; ASX: PLL, “Piedmont”).
• Additional buy of the Firm’s shares from members of the Firm’s senior management group, equating to a complete worth of A$5,192,393 (£2,794,015) since March 2023.”

ioneer Ltd. [ASX:INR] [GR:4G1] (OTCPK:GSCCF)

ioneer Ltd. owns 50% (JV with Sibanye Stillwater) of its flagship Rhyolite Ridge Lithium-Boron Project in Nevada, USA.

On April 3, ioneer Ltd. announced: “Ioneer offers Rhyolite Ridge Mission replace.” Highlights embrace:

• “BLM and cooperating company evaluation of the Draft Environmental Influence Research is full, and publication of the draft is anticipated throughout the coming weeks.
• Assays and metallurgical outcomes from 53 new drill holes protecting the southern extension of the deposit anticipated throughout April and Could.
• Mineralised sedimentary strata intersected in 49 of the 53 holes, extending the deposit an additional 1km to the south and southeast.
• Up to date mineral useful resource and ore reserve estimate to be accomplished over the following two months.”

On April 15, ioneer Ltd. announced:

Ioneer’s Rhyolite Ridge Project moves toward construction. Release of U.S. Federal Government’s Draft Environmental Impact Statement Positions Nevada Project to commence operations in 2027…

Upcoming catalysts include:

• 2024+ – Possible permitting approval. Commencement of construction of the Rhyolite Ridge Lithium-Boron Project. Targets to commence operations in 2027.

Important Components Lithium Corp. [TSXV:CRE] [GR:F12] (OTCQX:CRECF)

On April 15, Important Components Lithium Corp. announced: “Important Components Lithium confirms main discovery at Rose West with a number of large lithium-rich intercepts.” Highlights embrace:

• “1.31% Li₂O and 235 ppm Ta₂O₅ over 40.40 m…
• 2.22% Li₂O and 95 ppm Ta₂O₅ over 20.30 m…
• 1.30% Li₂O and 142 ppm Ta₂O₅ over 31.60 m…
• 1.43% Li₂O and 178 ppm Ta₂O₅ over 24.95 m…
• 1.16% Li₂O and 145 ppm Ta₂O₅ over 24.30 m…
• 1.66% Li₂O and 180 ppm Ta₂O₅ over 12.20 m…

On April 22, Important Components Lithium Corp. announced: “Critical Elements Lithium continues to expand major discovery at Rose West with additional multiple wide lithium-rich intercepts.” Highlights embrace:

• “1.39% Li₂O and 157 ppm Ta₂O₅ over 35.30 m…
• 1.29% Li₂O and 121 ppm Ta₂O₅ over 31.50 m….”

Upcoming catalysts embrace:

• H1, 2024 – Potential off-take or mission financing bulletins.
• 2025 – Goal to begin manufacturing (assumes Mission funding achieved quickly)

Vulcan Power Sources [ASX: VUL] (OTCPK:VULNF)

Vulcan Power Sources state that they’ve “the largest lithium resource in Europe” with a complete of 15.85mt LCE, at a median lithium grade of 181 mg/L. The Firm is within the growth stage growing a geothermal lithium brine operation (geothermal power plus lithium extraction vegetation) within the Higher Rhine Valley of Germany.

On March 28, Vulcan Power Sources announced: “Annual Report 31 December 2023…”

On March 28, Vulcan Power Sources announced: “Sustainability report 31 December 2023…”

On April 11, Vulcan Power Sources announced: “First lithium chloride produced from optimization plant. Start of production of lithium chloride from a local resource in Europe. Important step for European battery supply chain security.” Highlights embrace:

• “First LiCl produced from LEOP, heralding the first lithium chemicals domestically produced from a local source in Europe, for Europe.
• LEOP is showing strong early results with consistently over 90% (up to 95%) lithium extraction efficiency from its Adsorption-type Direct Lithium Extraction (A-DLE) unit, replicating what Vulcan has seen in its lab and pilot plant operations, and in line with its commercial plant expectations and Vulcan’s financing model…
• The Upper Rhine Valley Brine Field in Europe contains Europe’s largest lithium resource and is also a source of geothermal renewable heat. This will allow Vulcan to produce its lithium using geothermal renewable energy, decarbonising the carbon footprint of lithium production for Battery Electric Vehicles.”

Upcoming catalysts embrace:

• End 2026 – Goal to begin business manufacturing on the Zero Carbon Lithium™ Mission in Germany, then ramp to 40,000tpa.

Galan Lithium [ASX:GLN]

Galan is growing their flagship Hombre Muerto West (“HMW”) Lithium Mission positioned on the west aspect fringe of the excessive grade, low impurity Hombre Muerto salar in Argentina.

On March 27, Galan Lithium announced: “Galan increases total Mineral Resource by 18% to 8.6Mt LCE @ 859mg/L lithium.” Highlights embrace:

• “…One of the highest grade resource estimates declared in Argentina.
• Inclusion of Catalina tenure adds ~1.3Mt LCE to the HMW Resource.
• HMW Measured Resource of 4.7Mt contained LCE @ 866mg/L Li.
• Galan’s fourth significant resource upgrade since March 2020.
• Resource upgrade cements Galan’s fully owned resource base and adds flexibility, optionality and leverage to any Li price upswing and supports Galan’s 4 stage long term production target of 60ktpa LCE (including Candelas).”

On March 27, Galan Lithium announced:

Shareholders resoundingly assist SPP…The Firm acquired functions from eligible shareholders totalling simply over $4 million…

On April 12, Galan Lithium announced:

Galan secures $15m ATM funding facility. Galan Lithium Restricted (ASX:GLN) (Galan or the Firm) is happy to announce it has entered into an At-the-Market Subscription Deed (ATM) with Acuity Capital. The ATM offers Galan with as much as $15,000,000 of standby fairness capital till 31 January 2029. Importantly, Galan has full discretion as as to if or to not utilise the ATM, the utmost variety of shares to be issued, the minimal situation value of shares and the timing of every subscription (if any)…

On April 22, Galan Lithium announced: “Galan signs pivotal commercial agreement with Catamarca government to commercialise lithium chloride concentrate.” Highlights embrace:

• “…Galan’s ability to export lithium chloride concentrate is expected to facilitate access to a larger customer base domestically and internationally, potentially offering enhanced offtake terms and funding/prepayment opportunities.
• The agreement includes an increase in the proposed royalty rate to 7% and potential advance payments…
• The agreement includes a commitment by Galan, after 4 years, to pursue further downstream processing routes (e.g. lithium carbonate, lithium hydroxide or other alternatives), outside the Hombre Muerto salar, with the intent to offer priority to a collaboration with the Catamarca government agency…
• The agreement also cements an important prerequisite required for the grant of Phase 2 permits (currently under application), potentially enabling the continuity of development for Phase 2 construction at the completion of Phase 1…”

Upcoming catalysts embrace:

• H1, 2025 – Goal to ramp to five.4ktpa LCE of lithium chloride manufacturing. Part 2 to comply with and ramp to 21Ktpa LCE.

Latin Sources Ltd [ASX:LRS]

LRS’ flagship is the 100% owned Salinas Lithium Mission within the pro-mining district of Minas Gerais, Brazil. The Salinas Lithium Mission has a Mineral Useful resource Estimate of 70.3Mt @ 1.27% of Li₂O on the Colina and Fog’s Block Deposits.

On March 26, Latin Sources Ltd announced: “Colina delivers further high-grade results. High-grade infill results confirm top-tier quality of Salinas Lithium Project.” Highlights embrace:

• “…One of the largest intersections encountered at the Salinas Project ever recorded in SADD246 with 32.92m @ 1.62% Li2O from 325.19m (incl. 27.81m @ 1.80% Li2O from 325.19m).
• Significant mineralised intercepts returned from a further 29 completed diamond drill holes from the Resource Drilling Program. Highlights include: SADD233: 24.81m @ 1.53% Li2O from 355.19m. SADD234: 20.79m @ 1.49% Li2O from 299.03m…
• Fourth updated Colina Mineral Resource Estimate (“Colina MRE”) planned for Q2 2024.
• DFS planned for a Q3 2024 release.”

On March 27, Latin Sources Ltd. announced: “Annual report for year ending 31 December 2023…”

Upcoming catalysts embrace:

• Q2 2024 – Colina Mineral Useful resource Estimate replace
• Q3 2024 – DFS due for the Salinas Lithium Mission.

Normal Lithium [TSXV:SLI] (SLI)

On April 24, Normal Lithium announced:

Normal Lithium efficiently commissions first commercial-scale DLE column in North America…The Firm not too long ago put in a commercial-scale DLE column at its Demonstration Plant close to El Dorado, Arkansas. The column is a Li-Professional^TM Lithium Selective Sorption (“LSS”) unit, provided by Koch Expertise Options, LLC (“KTS”).

Upcoming catalysts embrace:

• 2026 – Manufacturing focused to start on the LANXESS South Plant.

Lithium Americas [TSX:LAC] (LAC)

Lithium Americas owns the North American property (Thacker Go, ~5.2% fairness in GT1) from the LAC break up.

On April 22 Lithium Americas announced:

Lithium Americas closes US$275 million underwritten Public Providing… The web proceeds from the Providing are meant for use to fund the development of building and growth of the Firm’s Thacker Go lithium mission…

Upcoming catalysts:

• 2024 – Thacker Go Part 1 building to progress.
• 2027 – Part 1 (40,000tpa LCE) lithium clay manufacturing from Thacker Go Nevada (full ramp to 80,000tpa by ?2029).

International Lithium Sources [ASX:GL1] (OTCPK:GBLRF)

On April 18, International Lithium Sources announced: “Quarterly report for the period ending 31 March 2024.” Highlights embrace:

• “Global Lithium continues to make strong progress towards achieving several major milestones in CY24 including delivery of the Manna Lithium Project (Project or Manna) Definitive Feasibility Study [DFS].
• The DFS will incorporate an updated Mineral Resource Estimate (MRE), detailed mine schedule, metallurgical and process flowsheet test work results and detailed operating and capital costs, amongst other key work streams.”

Exploration

• “Complete assay results have been received…
• An updated MRE is expected Q2 CY24 and will incorporate the results from the CY23 program for inclusion in the DFS.
• Planning for the CY24 exploration program has been finalised with extensional drilling to commence in Q2 CY24. Significant exploration upside remains at Manna with new lithium targets identified which will be tested in the upcoming campaign.”

Growth and Company

• “…Optimisation testwork focussing on magnetic separation and mica pre-flotation stages has increased Li2O recoveries from 70% to 75% for spodumene composite ore samples.
• Testwork results continue to achieve >5.5% Li2O spodumene concentrate (SC) with ongoing optimisation targeting grade increases.
• A total of 66 flotation tests have been completed to date and produced a SC product of 5.6 – 6.5% Li 2O and 0.4 – 0.8% Fe2O 3.
• Key approvals including Environmental and Native Title negotiations are well advanced, with the mining lease expected to be granted once the Native Title Mining Agreement is finalised.
• Cash position of $29.9m as of 31 March 2024.”

Upcoming catalysts:

• Q2, 2024 – DFS for the Manna Lithium Mission (to incorporate an up to date MRE).

European Lithium Ltd. [ASX:EUR] (OTCQB:EULIF)

On April 22, European Lithium announced: “European Lithium to acquire Leinster Lithium Project in Ireland with CRML shares.” Highlights embrace:

• “…Consideration of $US10 million to be settled through the transfer of 1,234,568 shares held by European Lithium in Critical Metals Corp (Nasdaq: CRML) at a deemed share price of $8.10 USD/share.
• Exploration program is targeting lithium prospects in the underexplored lithium province of Leinster, Ireland.
• Initial exploration program covering 23 prospecting licenses of ca. 761 km2, demonstrated the presence of 24 intervals of lithium-bearing spodumene pegmatites across nine drill holes with grades up to 2.57 % Li2O at Knockeen.
• Leinster Lithium Project, drilling confirmed LCT pegmatite dike swarm within East Carlow Deformation Zone, surface assays and trench samples confirmed the range up to 3.75 % Li2O.
• European Lithium continues to build a quality exploration projects portfolio in prospective lithium provinces.”

Savannah Sources [LSE:SAV] [GR:SAV] (OTCPK:SAVNF)

On March 25, Savannah Sources announced: “Savannah wins Overseas Direct Investment Award.”

On April 15, Savannah Sources announced: “Financial results for the year ended 31 December 2023.”

2024 Yr to this point Abstract

Barroso Lithium Mission, Portugal

Technical

• “Over 5,500m of drilling has been completed to date in the current programme with other work for the DFS and RECAPE phase of the environmental licencing process progressing in parallel.
• Savannah expects to complete the DFS by the end of the year which will allow the completion of the RECAPE shortly afterwards…”

Upcoming catalysts embrace:

• Late 2024 – DFS on account of full on the Barroso Lithium Mission.

Patriot Battery Metals [TSX:PMET][ASX:PMT] (OTCQX:PMETF)

Patriot Battery Metals personal the Corvette Lithium Mission in James Bay, Quebec. Corvette has a Maiden useful resource of 109.2 Mt at 1.42% Li₂O.

On April 7, Patriot Battery Metals announced: “Patriot announces final 2023 drill hole results for the CV13 and CV9 pegmatites, Corvette, Quebec, Canada.” Highlights embrace:

CV13 Pegmatite

• “Best drill hole of 2023 program at the CV13 Spodumene Pegmatite.
  • 28.7 m at 1.49% Li₂O…
  • Represents area of significant pegmatite stacking.
• Continued strong assays from western arm at CV13.
  • 20.2 m at 1.16% Li₂O, including 15.4 m at 1.49% Li₂O (CV23-324).
• Through 2023, the CV13 Spodumene Pegmatite has been traced by drilling over an approximate 2.3 km strike length and remains open along strike at both ends and to depth…
• An updated mineral resource estimate (“MRE”) for the Corvette Project, including both the CV5 and CV13 spodumene pegmatites, is planned for Q3 2024. The MRE update will focus on an increase in confidence from the inferred to indicated categories for CV5, as well as a maiden estimate for CV13.”

CV9 Pegmatite

• “Wide intervals of variably mineralized spodumene-bearing pegmatite intersected in maiden drill program at the CV9 Spodumene Pegmatite.
  • 99.9 m at 0.39% Li₂O, including 30.6 m at 0.80% Li₂O (CV23-345).
  • 15.7 m at 0.76% Li₂O, including 10.8 m at 1.00% Li₂O (CV23-267).
  • 17.9 m at 0.69% Li₂O, including 8.6 m at 1.03% Li₂O (CV23-310).
  • 7.7 m at 1.35% Li₂O (CV23-333).
• The CV9 Pegmatite remains open along strike and at depth, with true widths of <5 m to 80+ m interpreted through drilling, which suggests strong tonnage potential…
• At the Corvette Property in 2024, through April 4, approximately 57,000 m of drilling have been completed – 47,000 m at CV5 and 10,000 m at CV13 – with eleven (11) drill rigs active at site. The 2024 winter drill program is expected to wrap up by the end of April with drilling at the Property scheduled to resume in early June.”

On April 17, Patriot Battery Metals announced: “Patriot achieves key permitting milestone for Corvette with receipt of guidelines from the Ministry.” Highlights embrace:

• “Patriot has received the Guidelines from the MELCCFP, advancing the approvals process for the Project, as expected the guidelines from COMEV were clear and consistent with other proposed mining projects of this scale and nature in Eeyou Istchee.
• Patriot will be in a position to provide a more fulsome update to the market with next steps for anticipated submission of the ESIA in the coming weeks.
• The Company anticipates submission of the complete ESIA to MELCCFP in late CY25.”

On April 21, Patriot Battery Metals announced:

Last 2023 drill gap outcomes for CV5 at Corvette together with 133.9 m at 1.21% Li2O and increasing strike to 4.6 km…

Upcoming catalysts:

• Q3, 2024 – Up to date Useful resource estimate for CV5 and CV13 on the Corvette Mission.

Frontier Lithium [TSXV:FL] (OTCQX:LITOF)

Frontier Lithium personal the PAK Lithium (Spodumene) Mission comprising 26,774 hectares and positioned 175 kilometers north of Purple Lake in northwestern Ontario. The PAK deposit is a lithium-cesium-tantalum [LCT] kind pegmatite containing high-purity, technical-grade spodumene (beneath 0.1% iron oxide). JV with Mitsubishi Corporation to advance the Mission signed in 2024.

On April 22, Northern Ontario Enterprise reported:

Pre-election finances goodie to fund Berens River bridge and highway. Infrastructure mission would convey everlasting highway to Indigenous communities and join lithium deposits to markets…A line merchandise in final week’s federal finances — as half a raft of $9 billion in new spending for Indigenous folks and communities over 5 years — makes point out of funding for the Berens bridge and all-season highway…The cash is anticipated to roll out over the following 4 years.

Azure Minerals Restricted [ASX:AZS] (OTCPK:AZRMF) – Takeover offer by SQM

On April 5, Azure Minerals Restricted announced:

Replace on scheme timetable…As foreshadowed within the 3 April 2024 announcement, Azure has approached the Supreme Courtroom of Western Australia (“Court”) to defer the Second Courtroom Date that was scheduled for 10 April 2024 to a future date. The Courtroom has now listed the Second Courtroom Date for 4pm (AWT) on Wednesday, 1 Could 2024…

Delta Lithium [ASX:DLI](previously Purple Filth Metals)

On April 22, Delta Lithium announced: “March quarterly activities report.” Highlights embrace:

• “Binding Farm-In Joint Venture Agreements executed with Voltaic Strategic Resources (ASX: VSR) and Reach Resources Limited (ASX: RR1) to Earn-In ownership of tenement packages across the Yinnetharra region. As a result of the transactions Delta’s footprint in the emerging Gascoyne lithium province has increased by more than 30% to 1,769km2.
• Continued exploration success at Yinnetharra and Mt Ida with high-grade intercepts further building Delta’s confidence in the Company’s geological models.
• Drilling results from the Yinnetharra Project demonstrated quality lithium intercepts from surface including: 30m @ 1.9% Li 2O from 199m in YRRD0362 at M36. 30m @ 1.43% Li 2O from 183m in YRRD0361 at M36. 24.2m @ 1.4% Li 2O from 177m in YDRD038 at M1…
• Heritage Survey Completed at the Jameson Prospect with drilling underway.”

On April 22, Delta Lithium announced: “Company update and strong start to Jameson drilling.” Highlights embrace:

• “The Yinnetharra Lithium Project is an early-stage exploration project that covers a large 1,769km2 area (including Farm-In’s) within the Gascoyne Lithium Province of Western Australia. At Malinda a Maiden Resource Estimate (MRE) of 25.7Mt @ 1% Li 2O was reported in December 2023. The Malinda MRE is located within a 1.6km section of the 80km strike length of Delta’s prospective stratigraphy at the broader Yinnetharra Lithium Project, including the Jameson Prospect.
• Drilling at Jameson commenced in late March, with the first results returned from the laboratory: 71m @ 1.2% Li 2O from 27m in JREX002…
• New drilling results from Malinda in this round of results include: 94m @ 0.94% Li 2O from 152m in YRRD471 at M1…17m @ 1.2% Li 2O from 155m in YRRD385 at M47. 22m @ 1.4% Li 2O from 135m in YRRD470 at M1. 19m @ 1% Li 2O from 93m in YRRD401 at M36…”

Winsome Sources Restricted [ASX:WR1] [FSE:4XJ] (OTCQB:WRSLF)

On April 3, Winsome Sources announced: “Exclusive option to acquire Renard Project.” Highlights embrace:

• “Exclusive Option Agreement (Option) signed to acquire the assets comprising the Renard Mine and associated infrastructure (Renard) or all the issued capital in Stornoway (the 100% owner of Renard), subject to Québec Court approval. Renard is located circa. 60 kilometres south (in a straight line) of Winsome’s 59 million tonne Lithium Mineral Resource1 at Adina (Adina).
• Renard processed first ore in 2016 and operated as a diamond operation until Q4 2023. The Renard process plant has a design capacity of 2.2Mtpa and Winsome believes is potentially capable of being repurposed to treat lithium bearing material.
• Renard’s process plant consists of dense media separation, upfront jaw, cone, high-pressure grinding rolls and ore sorting circuits necessary for spodumene concentrate production.
• Renard has a range of mineral processing and operating permits that may advance Winsome’s pathway to lithium production at a previously operating, brownfields site in Quebec and facilitate growth in the Canadian EV battery supply chain.
• Recent site visits to Renard by the Winsome management and technical teams confirmed the quality of the site-associated infrastructure, which includes an operating airport, power station, maintenance workshop and warehouse, water treatment plant, tailings storage, camp and office buildings and an all-season access road connecting the site to the provincial road network, the national railway system to the EV battery supply chain hub in Bécancour and major ports on the St Lawrence seaway.
• Potential acquisition of Renard, in which over C$900 million of capital has been invested, has the ability to materially reduce upfront capital expenditure, project risk and footprint at Adina…

On April 8, Winsome Sources announced: “Courtroom approves choice to amass Renard Mission…”

On April 11, Winsome Sources announced:

Exploration drilling discovers 61.5m at 1.62% Li2O in new high grade zone 200m SW of Adina…Update to Adina Inferred Mineral Resource Estimate of 59Mt at 1.12% Li2O on track for completion in Q2 2024.

On April 23, Winsome Sources announced: “Quarterly report interval ending 31 March 2024.” Highlights embrace:

Growth & Exploration

• “Accomplished over 22,000 meters of drilling within the March quarter.
• Exploration drilling has found a brand new zone of mineralisation at Adina south west with an excellent intersection of 61.5m at 1.62% Li2O.
• Useful resource delineation drilling continues to substantiate the character of mineralisation at Adina Fundamental, with a number of thick, excessive grade shallow intersections acquired through the Quarter.
• Strike size of mineralisation outlined by systematic drilling elevated to 2,110m…”

Company

• “…Partnered with Eskan Firm to use for funding via the C$1.5 billion Important Minerals Infrastructure Fund, supporting highway growth and environmental research.
• Winsome stays properly funded to undertake present drilling plans and research work in 2024.”

Upcoming catalysts:

Q2, 2024 – Up to date Useful resource at Adina

Lithium Ionic Corp. [TSXV:LTH] (OTCQB:LTHCF)

On April 4, Lithium Ionic Corp. announced:

Lithium Ionic announces maiden Mineral Resource Estimate and initiation of PEA at its Salinas Project, Minas Gerais, Brazil; increases Regional Mineral Resources by 45%…to 47.8Mt…~65% of the MRE is considered open pit. PEA for Salinas initiated; completion expected in H2 2024.

• “Bandeira Operational Replace:
  • Feasibility Research to be launched in Could 2024.
  • Building permits stay on monitor to be granted in early Q3 2024.”

On April 12, Lithium Ionic Corp. announced: “Lithium Ionic proclaims 26% enhance in International Mineral Sources with an up to date Mineral Useful resource Estimate at its Bandeira Mission, Minas Gerais, Brazil.” Highlights embrace:

• “International Mineral Sources enhance 26% to 60.1Mt:
  • M&I: 32.51Mt grading 1.31% Li₂O.
  • Inferred: 27.57Mt grading 1.24% Li₂O.
• Up to date Bandeira Mineral Sources of 41.9 Mt grading 1.35% Li₂O:
  • M&I: 23.68Mt grading 1.34% Li₂O.
  • Inferred 18.25Mt grading 1.37% Li₂O.”

On April 23, Lithium Ionic Corp. announced:

Lithium Ionic expands newly discovered zone at Salinas; Drills 1.53% Li2O over 15m, incl. 2.31% Li2O over 8m; 1.15% Li2O over 19m, incl. 1.67% Li2O over 10m, and 1.32% Li2O over 14m.

Wildcat Sources [ASX:WC8]

On April 10, Wildcat Sources announced: “New discovery at Tabba Tabba Luke pegmatite returns 41m @ 1.0% Li2O.” Highlights embrace:

• “…In the meantime diamond drilling at Leia continues to return spectacular new outcomes together with: 68.0m @ 1.4% Li2O from 337m (TADD015) (est. true width)…90.2m @ 0.7% Li2O from 208.4m (TARC232D) (est. true width)… and 19.3m @ 1.7% Li2O from 361.7m.
• Practically 74,000m drilled at Tabba Tabba to this point (~29km DD, ~45km RC) and assay outcomes are at present pending for 27 DD holes and 30 RC holes for a complete of 4,669 samples.
• Wildcat stays properly funded with $94.1 million as at 31 December 2023, enabling completion of drilling and preliminary research at Tabba Tabba.”

On April 16, Wildcat Sources announced: “Quarterly actions report – March 2024…Money at financial institution of $90.1 M at 31 March 2024.”

European Metals Holdings [ASX:EMH] [AIM:EMH] [GR:E861] (OTCQX:EMHLF)(OTCQX:EMHXY)

On March 27, European Metals Holdings announced:

Cinovec Project update…Geomet, 49% owned by European Metals and the owner of 100% of the Cinovec Lithium Project in the Czech Republic (“Cinovec” or the “Mission”), is in the process of completing the Project Definitive Feasibility Study (“DFS”)…expected to be completed in Q1 2024…

On April 4, European Metals Holdings announced:

Redomiciliation update…The Company is pleased to announce that it expects the redomiciliation to be completed on schedule and for the Company to become an Australian registered company on 1 May 2024. Pursuant to the AIM listing rules the Depositary Instruments (DI’S) currently traded on AIM will be readmitted to trading on the same date…

On April 11, European Metals Holdings announced: “Profitable manufacturing of lithium hydroxide.” Highlights embrace:

• “The pilot programme has confirmed the viability of the Lithium Chemical Plant (“LCP”) course of flowsheet for the industrial-scale manufacturing of both lithium carbonate or lithium hydroxide.
• Crude lithium carbonate from the pilot programme has been transformed into exceptionally clear battery-grade lithium hydroxide monohydrate at laboratory scale.
• The pilot programme processed ore is fully-representative in all respects of the run-of-mine for the primary seven years of mining deliberate at Cinovec, together with common grade and anticipated rock-type combine from the majority mining.”

Century Lithium Corp. (TSXV:LCE) (OTCQX:CYDVF)(Previously Cypress Growth Corp.)

Century Lithium Corp. is focused on developing its Clayton Valley Lithium Project in west-central Nevada.

On April 19, Century Lithium Corp. announced:

Century Lithium provides update on the feasibility study…anticipates its announcement imminently.

Lake Sources NL [ASX:LKE] [GR:LK1] (OTCQB:LLKKF)

Lake Resources own the Kachi Lithium Brine Project in Argentina. Lake has been working with Lilac Solutions Technology (private, and backed by Bill Gates) for direct lithium extraction and rapid lithium processing.

On April 23, Lake Sources NL announced:

Results of Share Purchase Plan…Funds raised from the Placement and SPP, totalling approximately A$16.5 million, extend Lake’s financial runway as it pursues a robust strategic partner process for its flagship Kachi project.

AVZ Minerals [ASX:AVZ] (OTC:AZZVF)

AVZ Minerals owns 75% of its Manono Lithium & Tin Mission within the DRC. The Mission possession is at present in dispute.

On April 2, AVZ Minerals announced:

Extension of exclusive due diligence period for US$20 million facility with Locke Capital. AVZ Minerals Limited (ASX: AVZ, OTC: AZZVF) (AVZ or Company) refers to its announcement on 17 November 2023 outlining the Binding Term Sheet (Term Sheet) agreed between AVZ and Locke Capital I, LLC and its investment manager, Locke Capital Limited (Locke) to provide a pathway for the execution of a formal agreement for a general working capital and litigation funding facility of up to US$20,000,000…

American Lithium Corp. [TSXV: LI] (AMLI)

No information for the month.

Wealth Minerals [TSXV:WML] [GR:EJZN] (OTCQB:WMLLF)

Wealth Minerals has a portfolio of lithium assets in Chile, such as 46,200 Has at Atacama, 8,700 Has at Laguna Verde, 6,000 Has at Trinity, 10,500 Has at Five Salars. Also, the right to acquire a 100% interest in the Ignace REE Lithium Property in Ontario, Canada.

No information for the month.

E3 Lithium Ltd. [TSXV:ETL] [FSE:OW3] (OTCQX:EEMMF) (Previously E3 Metals)

E3 Lithium Ltd. is a lithium development company focused on commercializing its extraction technology and advancing the world’s 7th largest lithium resource with operations in Alberta. E3 has a M&I Resource of 16.0Mt.

On April 2, E3 Lithium Ltd announced: “E3 Lithium receives last Alberta Innovates fee, efficiently finishing its $1.8m grant.”

On April 10, E3 Lithium Ltd announced: “E3 Lithium’s collaborations with two Universities obtain federal NSERC funding.”

Nevada Lithium Corp. [CSE:NVLH] (OTCQB:NVLHF)

Nevada Lithium has an arrangement to own 100% of the Bonnie Claire Project in Nevada, USA; with an Inferred Resource of 18.68 million tonnes LCE.

On April 16, Nevada Lithium Corp. announced:

Nevada Lithium provides positive update on Hydraulic Borehole Mining method and commences updated Preliminary Economic Assessment for Bonnie Claire Lithium Project, Nevada…Economics to be incorporated in updated PEA to be released summer 2024.

Lithium South Growth Corp. [TSXV:LIS] (OTCQB:LISMF)

On April 2, Lithium South Growth Corp. announced: “Lithium South Growth anticipates high-yield potential in PW23-AS-02 Pumping Properly…”

On April 8, Lithium South Growth Corp. announced:

Lithium South developing high-value alternatives in lithium production…is pleased to announce the successful completion of a series of advanced test work aimed at exploring alternative lithium production methods to potentially enhance the value of its Hombre Muerto North project (“HMN Lithium Project”) in Argentina. Approximately 20,000 liters of representative brine samples from the Tramo well underwent evaporation and liming test work at the Hombre Muerto North site…While the primary plan remains to produce Li₂CO₃ technical grade with a 70% efficiency, using the industry proven evaporation technique, these test results demonstrate Lithium South’s capability to adapt and potentially shift towards higher value products.

On April 18, Lithium South Growth Corp. announced: “Lithium South expands manufacturing Properly Drill Program…”

Avalon Superior Supplies [TSX:AVL] [GR:OU5] (OTCQX:AVLNF)

Avalon has three projects in Ontario, Canada, and five in total throughout Canada. Avalon’s most advanced project is the Separation Rapids Lithium Project in Ontario with a M& I Petalite Zone Useful resource of 6.28mt grading 1.37% Li2O, plus an Inferred Useful resource of 0.94mt at 1.3%. Avalon has a JV with SCR-Sibelco NV (“Sibelco”) (60% Sibelco: 40% Avalon) to develop their lithium property.

On March 27, Avalon Superior Supplies announced:

Avalon closes $2,750,000 first drawdown of $15,000,000 convertible security funding agreement…

On April 16, Avalon Superior Supplies announced:

Avalon Advanced Materials announces commencement of Preliminary Economic Assessment (“PEA”) for Avalon’s Thunder Bay Lithium Conversion Facility…

Snow Lake Sources (LITM)

No lithium associated information for the month.

Green Technology Metals [ASX: GT1]

On March 26, Inexperienced Expertise Metals announced: “Elevated exploration goal and drill outcomes spotlight additional upside at Root.” Highlights embrace:

• “…Last assay outcomes from the exploration drilling program at Root Bay East have been acquired, revealing an additional important mineralised drill intercept alongside strike to the east: RBE-23-030: 11.6m @ 1.18% Li2 O from 120.9m Together with earlier introduced Root Bay East outcomes. RBE-23-007: 23.3m @ 1.16% Li2O from 197.0m…
• Planning for an additional 10,000 metres of diamond drilling is now underway and set to renew within the coming months. Drilling will check the Root Bay East system, in addition to the Root Bay ‘Deeps’ extensions and add to the Firm’s world Useful resource base of 24.9Mt @1.13% Li2O.”

Argentina Lithium & Power Corp. [TSXV: LIT] (OTCQX:LILIF)

On April 24, Argentina Lithium & Power Corp. announced:

Argentina Lithium announces positive lithium values in the 12th Exploration Well at the Rincon West Project…Brine samples collected over a 165 metre interval of RW-DDH-012 ranged from 322 to 371 mg/l lithium…

Battery recycling, lithium processing and new cathode technologies

Rock Tech Lithium [CVE:RCK](OTCQX:RCKTF)

No information for the month.

Neometals (OTC:RRSSF) (Nasdaq:RDRUY) [ASX:NMT]

On April 24, Neometals announced: “Quarterly actions report for the quarter ended 31 March 2024.” Highlights embrace:

Company

• “Money steadiness of A$14 million, investments, receivables and inventories of A$17.3 million and no debt.”

Operations

• “Lithium-ion Battery Recycling (50% NMT through Primobius GmbH, an integrated JV with SMS group GmbH).
• Last buy order (€18.8M) acquired from Mercedes-Benz for the refinery “Hub” part of the two,500tpa built-in recycling plant being constructed by Primobius in Kuppenheim, Germany.
• Mercedes-Benz plant designed to industrially validate our know-how and allow Primobius to supply its first business scale (~20,000tpa) plant provide settlement to a subsidiary of Stelco Inc by 30 June 2025 beneath present know-how licensing settlement.
• Primobius superior discussions for plant provide and licensing with individuals throughout your entire EV battery provide chain, fourth nationwide section patent granted, remaining 13 being prosecuted to grant.”

Pre-Industrial Applied sciences

Lithium Chemicals (70% NMT, 30% Mineral Resources Ltd via Reed Advanced Materials Pty Ltd (“RAM”))

• “RAM finalising preparations for commencing last levels of pilot plant check work program following cessation of discussions with Lifthium Power SA in relation to co-funding commercialisation.
• RAM superior analysis of potential brine feedstocks from lithium producers and builders as a part of its know-how licensing enterprise mannequin.”

Upstream Mineral Initiatives

Spargos Lithium and Nickel Project (100% NMT)

• “Overview concludes low potential for discovery of lithium bearing pegmatites. Preparation for asset divestment.”

Nano One Supplies (TSX: NANO) (OTCPK:NNOMF)

On March 28, Nano One Supplies announced:

Nano One reports Q4 2023 results and provides progress update…Cash and cash equivalent position of $31.9 million at year end.

Different lithium juniors

Different juniors embrace: 5E Superior Supplies Inc [ASX:5EA] (FEAM), ACME Lithium Inc. [CSE:ACME] (OTCQX:ACLHF), American Lithium Minerals Inc. (OTCPK:AMLM), Anson Sources [ASX:ASN] [GR:9MY], Ardiden [ASX:ADV], Arizona Lithium [ASX:AZL] (OTCQB:AZLAF), Azimut Exploration [TSXV:AZM] (OTCQX:AZMTF), Bastion Minerals [ASX:BMO], Battery Age Minerals [ASX:BM8], Bradda Head Lithium Restricted [LON:BHL] (OTCQB:BHLIF) (OTCPK:CDCZF), Brunswick Exploration [TSXV:BRW] (OTCQB:BRWXF), Bryah Sources Ltd [ASX:BYH], Carnaby Sources Ltd [ASX:CNB], Champion Electrical Metals Inc. [CSE:LTHM] [FSE:1QB0] (OTCQB:CHELF), Charger Metals [ASX:CHR], CleanTech Lithium [AIM:CTL] (OTCQX:CTLHF), Compass Minerals Worldwide (CMP), Consolidated Lithium Metals Inc. [TSXV:CLM], Cosmos Exploration [ASX:C1X], Critical Resources [ASX:CRR], Cygnus Metals [ASX:CY5], Dixie Gold [TSXV:DG], Electric Royalties [TSXV:ELEC], Foremost Lithium Resources & Technology [CSE:FAT] (OTCPK:FRRSF), Future Battery Minerals [ASX:FBM] (OTCPK:AOUMF), Greentech Metals [ASX:GRE], Greenwing Sources Restricted [ASX:GW1] (OTCPK:BSSMF), Grounded Lithium [TSXV:GRD] (OTCQB:GRDAF), HeliosX Lithium & Technologies Corp. [TSXV:HX] (formely Dajin Lithium Corp. [TSXV:DJI]), Hannans Ltd [ASX:HNR], Infinity Lithium [ASX:INF], Infinity Stone Ventures (CSE:GEMS)(OTCQB:GEMSF), Worldwide Battery Metals [CSE: IBAT] (OTCPK:IBATF), Worldwide Lithium Corp. [TSXV:ILC] [FSE: IAH] (OTCQB:ILHMF), Ion Power [TSXV:ION], Jadar Sources Restricted [ASX:JDR], James Bay Minerals Ltd [ASX:JBY], Jindalee Lithium Restricted [ASX:JLL] (OTCQX:JNDAF), Kali Metals [ASX:KM1], Kodal Minerals (LSE-AIM:KOD), Larvotto Sources [ASX:LRV], Lepidico [ASX:LPD] (OTCPK:LPDNF), Liberty One Lithium Corp. [TSXV:LBY] (LRTTF), Li-FT Energy [TSXV:LIFT] [FSE:WS0](OTCQX:LIFFF), Lithium Australia [ASX:LIT] (OTC:LMMFF), Lithium Chile Inc. [TSXV:LITH][GR:KC3] (OTCPK:LTMCF), Lithium Corp. (OTCQB:LTUM), Lithium Energi Exploration Inc. [TSXV:LEXI](OTCPK:LXENF), Lithium Energy Limited [ASX:LEL], Lithium Plus Minerals [ASX:LPM], Lithium Springs Limited [ASX:LS1], Loyal Lithium [ASX:LLI], Megado Minerals [ASX:MEG], Metals Australia [ASX:MLS], MetalsTech [ASX:MTC], Midland Exploration [TSXV:MD] (OTCPK:MIDLF), MinRex Sources [ASX:MRR], MGX Minerals [CSE:XMG] (OTC:MGXMF), New Age Metals [TSXV:NAM] (OTCQB:NMTLF), Noram Lithium Corp. [TSXV:NRM] (OTCQB:NRVTF), Oceana Lithium [ASX:OCN], Omnia Metals Group [ASX:OM1], One World Lithium [CSE:OWLI] (OTC:OWRDF), Patriot Lithium [ASX:PAT], Portofino Sources Inc.[TSXV:POR] [GR:POT], Energy Metals Corp. [TSXV:PWM] (OTCQB:PWRMF), Energy Minerals [ASX:PNN], Prospect Sources [ASX:PSC], Pure Power Minerals [TSXV:PE] (OTCQB:PEMIF), Pure Sources Restricted [ASX:PR1], Q2 Metals [TSXV:QTWO] (OTCQB:QUEXF) (QTWO), Quantum Minerals Corp. [TSXV:QMC] (OTCPK:QMCQF), Spearmint Sources Inc [CSE:SPMT] (OTCPK:SPMTF), Stelar Metals [ASX:SLB], Solis Minerals [ASX:SLM], Spod Lithium Corp. [CSE:SPOD] (OTCQB:SPODF), Stria Lithium [TSXV:SRA] (OTCPK:SRCAF), Surge Battery Metals Inc. [TSXV:NILI] (OTCPK:NILIF), Tantalex Lithium Sources [CSE:TTX], [FSE:1T0], Tearlach Sources [TSXV:TEA] (OTCPK:TELHF), Tyranna Sources [ASX:TYX], Extremely Lithium Inc. [TSXV:ULI] (OTCQB:ULTXF), United Lithium Corp. [CSE:ULTH] [FWB:0UL] (OTCPK:ULTHF), Imaginative and prescient Lithium Inc. [TSXV:VLI] (OTCQB:ABEPF), X-Terra Sources [TSXV:XTT] (OTCPK:XTRRF), Zinnwald Lithium [LN:ZNWD].

Conclusion

April lithium costs had been usually flat.

Highlights for the month had been:

• POSCO-Pilbara JV delivers 1st order of lithium hydroxide.
• Atlas Lithium secures US$30 million Strategic Investment and Offtake Agreement from Mitsui.
• Rio Tinto expects first production from their 3ktpa lithium carbonate starter plant by the end of 2024 at their Rincon Lithium Project in Argentina.
• ioneer’s Rhyolite Ridge Project moves toward construction, targets commencing operations in 2027.
• Critical Elements Lithium confirms major discovery at Rose West with multiple wide lithium-rich intercepts, including 40.4m @1.31% Li₂O.
• Vulcan Energy Resources – First lithium chloride produced from optimization plant.
• Galan Lithium increases total Mineral Resource by 18% to 8.6Mt LCE @ 859mg/L lithium.
• Standard Lithium successfully commissioned first commercial-scale DLE column in North America.
• Lithium Americas closes US$275 million underwritten Public Offering.
• European Lithium to acquire Leinster Lithium Project in Ireland with CRML shares.
• Patriot Battery Metals drills 99.9 m at 0.39% Li₂O at CV9 at the Corvette Project. At CV5, drills 133.9 m at 1.21% Li2O and extends strike to 4.6 km.
• Frontier Lithium – Pre-election budget goodie to fund Berens River bridge and road over the next four years.
• Delta Lithium drills 30m @ 1.9% Li 2O from 199m, 71m @ 1.2% Li 2O from 27m, at the Yinnetharra Lithium Project. Drills 94m @ 0.94% Li 2O from 152m at Malinda.
• Winsome Resources signs Exclusive Option Agreement to acquire the assets comprising the Renard Mine and infrastructure or all the issued capital in Stornoway. The Renard process plant has a design capacity of 2.2Mtpa. Drills 61.5m at 1.62% Li2O in new high grade zone 200m SW of Adina.
• Lithium Ionic Corp. Global Mineral Resources increased 26% to 60.1Mt. Updated Bandeira Mineral Resources of 41.9 Mt grading 1.35% Li₂O.
• Wildcat Resources new discovery at Tabba Tabba Luke pegmatite returns 41m @ 1.0% Li2O and 68.0m @ 1.4% Li2O from 337m.

As common, all feedback are welcome.

Editor’s Word: This text discusses a number of securities that don’t commerce on a serious U.S. change. Please pay attention to the dangers related to these shares.