A Severe Shortage of Lithium Supply Could Put the Brakes on Net Zero Transitions March 17, 2022 - Baystreet.ca There’s just not enough lithium to meet growing demand. In fact, if the world can’t fix the supply-demand gaps for lithium, it’s tough to imagine any net zero transitions. According to the CEO of the International Council of Metals and Mineral Mining, Rohitesh Dhawan, as noted by Sky News, "We can see quite a large mismatch between demand and supply. We currently produce around 400,000 tonnes of lithium annually. By 2030, that's likely to (need to) jump to around two million tonnes,” adding, “At the moment about half of global lithium demand comes from the electric vehicle market… by 2030, 80% of global lithium demand will come from the electric vehicle market because we need to electrify our transport fleet that quickly.” Until we have enough lithium supply to meet explosive demand, prices are likely to accelerate higher, and send related lithium stocks to higher highs, including E3 Metals Corp. (TSXV: ETMC) (OTC: EEMMF), Albemarle Corporation (NYSE: ALB), Lithium Americas (NYSE: LAC) (TSX: LAC), American Lithium Corp. (TSXV: LI) (OTC: LIACF), and Piedmont Lithium (NASDAQ: PLL). Look at E3 Metals Corp. (TSXV: ETMC) (OTC: EEMMF), for example. E3 Metals Corp., an emerging lithium developer and leading direct lithium extraction technology innovator, has continued to expand its team over the past few months. The Company has added six new key staff since January, adding to the exceptional group of people who are working hard every day to build E3 Metals into a global leader in the lithium industry. Taking on Liz Lappin’s responsibilities, the Company welcomes Leigh Clarke to the team as the Director of Corporate Strategy and Sustainability. A lawyer by training, Leigh joins E3 with more than 30 years’ experience in a variety of energy-related industries, including 13 years as a Senior VP at Altalink, LP. As a seasoned executive, Leigh brings a wealth of knowledge and strategic mindset, and is an ideal addition as the Company moves to the next level. The Company has also added five seasoned and intermediate professionals to bolster various aspects of our business including Kirsten – Senior Development Engineer, Natasha – Geologist and Geochemist, Aneta – Investor Communications Manager, Mathew – Engineering Commercialization Jr Manager and Pritam – Jr. Laboratory Technician. “E3 Metals has focussed on creating a team of experts to drive the Company forward,” commented Chris Doornbos, E3 Metals CEO, “These new hires fill critical roles at the Company, hired with the vision of the paradigm shift the company is currently in the process of completing. These new staff members join our already excellent team working on advancing E3 Metals in all avenues. Welcome to the team!” Other related developments from around the markets include: Albemarle Corporation announced that it has declared a quarterly dividend of $0.395 per share. The dividend, which has an annualized rate of $1.58, is payable April 1, 2022, to shareholders of record at the close of business as of March 18, 2022. This year marks Albemarle's 28th consecutive year raising its dividend. Lithium Americas announced the Company has submitted a draft application to the US Department of Energy for funding to be used at its 100%-owned Thacker Pass lithium project in Humboldt County, Nevada through the Advanced Technologies Vehicle Manufacturing Loan Program. The Loan Program is designed to provide funding to US companies engaged in the manufacturing of advanced technology vehicles and components used in those vehicles. "Thacker Pass is a unique, large-scale and advanced-stage lithium project representing one of the most significant opportunities to create a truly domestic lithium supply chain to support the production of electric vehicles in the US,” said Jonathan Evans, President and CEO. “We are pleased to submit our draft application and look forward to engaging with the DOE to accelerate the growth of the domestic lithium industry in response to increased demand and interest from US-based consumers.” American Lithium Corp. announced it is launching the final phase towards completion of its maiden preliminary economic assessment on the Company’s TLC Lithium project with the appointment of DRA Global as lead engineer. Stantec Consulting Ltd. will act as contributing consultants, in particular in relation to mineral resources and mine design, and as reported previously, acid leach and roast water leach studies and precipitation test work is on-going at ANSTO Minerals in Australia. These results will be incorporated into the PEA with all previous TLC process studies completed at laboratories in the US, Canada and Peru. The first draft of the maiden TLC PEA as well as preliminary economic modeling is anticipated to be completed by end of Q2, 2022. Piedmont Lithium, a leading developer of lithium hydroxide production to enable the North American electric vehicle supply chain, released a new Corporate Overview Presentation. The updated overview includes recent information addressing overall market conditions, lithium supply and demand projections from industry analysts, and pricing trends. The presentation also provides a detailed overview and update on Piedmont’s multiple resources in North Carolina, Quebec, and Ghana. In addition, information from the recently released Preliminary Economic Assessment (PEA) of a second lithium hydroxide plant has now also been included, as well as estimated production timelines related to a restart of the North American Lithium asset in Quebec, and spodumene concentrate production from the Ewoyaa project with Atlantic Lithium in Ghana. Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for E3 Metals Corp. by E3 Metals Corp. We own ZERO shares of E3 Metals Corp. Please click here for full disclaimer. Contact Information: 2818047972 ty@LifeWaterMedia.com
A Severe Shortage of Lithium Supply Could Put the Brakes on Net Zero Transitions March 17, 2022 - Baystreet.ca There’s just not enough lithium to meet growing demand. In fact, if the world can’t fix the supply-demand gaps for lithium, it’s tough to imagine any net zero transitions. According to the CEO of the International Council of Metals and Mineral Mining, Rohitesh Dhawan, as noted by Sky News, "We can see quite a large mismatch between demand and supply. We currently produce around 400,000 tonnes of lithium annually. By 2030, that's likely to (need to) jump to around two million tonnes,” adding, “At the moment about half of global lithium demand comes from the electric vehicle market… by 2030, 80% of global lithium demand will come from the electric vehicle market because we need to electrify our transport fleet that quickly.” Until we have enough lithium supply to meet explosive demand, prices are likely to accelerate higher, and send related lithium stocks to higher highs, including E3 Metals Corp. (TSXV: ETMC) (OTC: EEMMF), Albemarle Corporation (NYSE: ALB), Lithium Americas (NYSE: LAC) (TSX: LAC), American Lithium Corp. (TSXV: LI) (OTC: LIACF), and Piedmont Lithium (NASDAQ: PLL). Look at E3 Metals Corp. (TSXV: ETMC) (OTC: EEMMF), for example. E3 Metals Corp., an emerging lithium developer and leading direct lithium extraction technology innovator, has continued to expand its team over the past few months. The Company has added six new key staff since January, adding to the exceptional group of people who are working hard every day to build E3 Metals into a global leader in the lithium industry. Taking on Liz Lappin’s responsibilities, the Company welcomes Leigh Clarke to the team as the Director of Corporate Strategy and Sustainability. A lawyer by training, Leigh joins E3 with more than 30 years’ experience in a variety of energy-related industries, including 13 years as a Senior VP at Altalink, LP. As a seasoned executive, Leigh brings a wealth of knowledge and strategic mindset, and is an ideal addition as the Company moves to the next level. The Company has also added five seasoned and intermediate professionals to bolster various aspects of our business including Kirsten – Senior Development Engineer, Natasha – Geologist and Geochemist, Aneta – Investor Communications Manager, Mathew – Engineering Commercialization Jr Manager and Pritam – Jr. Laboratory Technician. “E3 Metals has focussed on creating a team of experts to drive the Company forward,” commented Chris Doornbos, E3 Metals CEO, “These new hires fill critical roles at the Company, hired with the vision of the paradigm shift the company is currently in the process of completing. These new staff members join our already excellent team working on advancing E3 Metals in all avenues. Welcome to the team!” Other related developments from around the markets include: Albemarle Corporation announced that it has declared a quarterly dividend of $0.395 per share. The dividend, which has an annualized rate of $1.58, is payable April 1, 2022, to shareholders of record at the close of business as of March 18, 2022. This year marks Albemarle's 28th consecutive year raising its dividend. Lithium Americas announced the Company has submitted a draft application to the US Department of Energy for funding to be used at its 100%-owned Thacker Pass lithium project in Humboldt County, Nevada through the Advanced Technologies Vehicle Manufacturing Loan Program. The Loan Program is designed to provide funding to US companies engaged in the manufacturing of advanced technology vehicles and components used in those vehicles. "Thacker Pass is a unique, large-scale and advanced-stage lithium project representing one of the most significant opportunities to create a truly domestic lithium supply chain to support the production of electric vehicles in the US,” said Jonathan Evans, President and CEO. “We are pleased to submit our draft application and look forward to engaging with the DOE to accelerate the growth of the domestic lithium industry in response to increased demand and interest from US-based consumers.” American Lithium Corp. announced it is launching the final phase towards completion of its maiden preliminary economic assessment on the Company’s TLC Lithium project with the appointment of DRA Global as lead engineer. Stantec Consulting Ltd. will act as contributing consultants, in particular in relation to mineral resources and mine design, and as reported previously, acid leach and roast water leach studies and precipitation test work is on-going at ANSTO Minerals in Australia. These results will be incorporated into the PEA with all previous TLC process studies completed at laboratories in the US, Canada and Peru. The first draft of the maiden TLC PEA as well as preliminary economic modeling is anticipated to be completed by end of Q2, 2022. Piedmont Lithium, a leading developer of lithium hydroxide production to enable the North American electric vehicle supply chain, released a new Corporate Overview Presentation. The updated overview includes recent information addressing overall market conditions, lithium supply and demand projections from industry analysts, and pricing trends. The presentation also provides a detailed overview and update on Piedmont’s multiple resources in North Carolina, Quebec, and Ghana. In addition, information from the recently released Preliminary Economic Assessment (PEA) of a second lithium hydroxide plant has now also been included, as well as estimated production timelines related to a restart of the North American Lithium asset in Quebec, and spodumene concentrate production from the Ewoyaa project with Atlantic Lithium in Ghana. Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for E3 Metals Corp. by E3 Metals Corp. We own ZERO shares of E3 Metals Corp. Please click here for full disclaimer. Contact Information: 2818047972 ty@LifeWaterMedia.com