8110923, 710 PI Demand Skyrockets as Lithium Mining Revenues Projected To Reach | LTHM Stock News, Local 4 Search on StockTitan Home > Stock Market News > LTHM > Demand Skyrockets as Lithium Mining Revenues Projected To Reach Over $3. TRENDING NEWS >> awa ag i GEVO Inc. Announces Second Quarter Gevo Reports Second Quarter 2023 aks Financial Results hate |) entary hium-ion batteries are currently the dominant y reports say that, over the next several years, dynamic 2rnment policies with respect to electric vehicles are 2k to the lithium mining industry. One such report, from g Revenues to Attain USD 3.1 Billion by 2031." It added vide lithium mining industry is expected to grow at a vugh) Globally, operations in the lithium mining j COVID-19... but following this collapse, the market Irivers for the lithium mining market, including: The 3, smartphones, and other electronic devices that use and for lithium. Lithium is a key component of these products grows, so does the demand for lithium Governments across the globe are promoting the use of electric vehicles as a means of reducing carbon emissions and achieving climate change targets. This has led to increased investment in the development of electric vehicle infrastructure and the expansion of lithium- ion battery production capacity.” Active mining companies in the markets this week include: Indigo Exploration Inc. (OTCQB: IXIXF) (TSX-V: IXI), Patriot Battery Metals Inc. (OTCQX: PMETF) (TSX-V: PMET), Livent Corporation (NYSE: LTHM), Alpha Lithium Corporation (TCD: ABHI FY (NEO: ALL) Lithium Amarinac Carn (NVGF: LAC) (TS¥-1 ACY hitps sw stockttan netnews/LTHMdomand-skyrockets-as-thium-mining-fevenues-proected-o-reach-over-42upayhgh.Niml 188110923, 710 PI Demand Skyrockets a8 Lithium Mining Revenues Projected To Reach | LTHM Stock News 4 3 grr gery g 7 Overall, the growing demand for lithium-ion batteries, coupled with government initiatives to promote renewable energy and electric vehicles, is expected to drive the growth of the lithium mining market in the coming years.” Indigo Exploration Inc. (OTCQB: IXIXF) (TSX-V: IXI) BREAKING NEWS: Indigo Engages Industry-Leading DLE Provider for Initial Lithium Brine Recovery Tests - Indigo Exploration Inc. (the Company’) is pleased to announce the selection of Sunresin New Materials (‘Sunresin’) to conduct initial Direct Lithium Extraction ("DLE") testwork for the Company's petro-lithium brines. Approximately 150 litres of brine will be collected from each project area, namely the Fox Creek East and Fox Creek West (collectively the "Fox Creek Project"), and shipped to Sunresin's pilot plant located in Xi'an, China, for recovery tests under the supervision of Company representatives. Sunresin offers a proprietary, end-to-end solution for the processing of brine to finished products (lithium carbonate [LiCO3] and lithium hydroxide [LiOH]) with over a decade of experience and successfully executed nine commercial DLE contracts representing over 73,000 tonnes of lithium carbonate equivalent. Due to unforeseen scheduling conflicts with the various contractors, the Fox Creek sampling program is now scheduled to commence June 26. “With significant investments made into the field of direct lithium extraction combined with the plethora of available off-the-shelf solutions in the marketplace, we are focusing our efforts on exploration and development without the added distraction of trying to reinvent a proprietary DLE solution’ commented Paul Cowley, CEO and Director of Indigo Exploration. "Our in-house metallurgical advisory board has identified Sunresin as the preeminent end-to- end EPC (engineering, procurement and construction) provider in the market. In order to deliver the most representative results from their DLE process and expedite the advancement of our project timelines, we will be using a sizable 300 litre sample of brine collected from the Fox Creek Project as opposed to a synthetic sample of a much smaller quantity. Our team believes this will provide us with the best quality, real-world data on the process and recovery characteristics." CONTINUED... Read this and more news for Indigo Exploration at: https://www.indigoexploration.com/news/news-2023 In other market news of interest: Patriot Battery Metals Inc. (OTCQX: PMETF) (TSX-V: PMET) recently announced core assays for the next series of drill holes completed as part of the 2023 winter drill program, which recently concluded, at its wholly owned Corvette Property (the "Property’), located in the Eeyou Istchee James Bay region of Quebec. The winter phase of the 2023 drill campaign was focused on the CVS5 Pegmatite, located approximately 13.5 km south of the regional and all-weather Trans-Taiga Road and powerline infrastructure. tps sw stockttan nenews/LTHMdomand-skyrockets-as-thium-mining-revenues-proected-o-reach-over-42upayhgh.Niml 2188110923, 710 PI Demand Skyrockets a8 Lithium Mining Revenues Projected To Reach | LTHM Stock News Livent Corporation (NYSE: LTHM) recently reported results for the first quarter of 2023. First quarter revenue was $253.5 million, up 16% and up 77% from the fourth quarter of 2022 and the prior year's quarter, respectively. Reported GAAP net income was $114.8 million, compared to $82.7 million and $53.2 million in the previous quarter and the prior year's quarter, respectively, or 55 cents per diluted share. Adjusted EBITDA was $157.4 million, 46% above the previous quarter and roughly three times the prior year's quarter, and adjusted earnings per diluted share were 60 cents. Continued strength in customer demand supported higher average realized prices across all products in the first quarter. Pr rg rg "Livent achieved record revenue and profitability in the first quarter driven by higher realized lithium pricing and strong demand from our customers," said Paul Graves, president and chief executive officer of Livent. 'We continue to expect strong financial performance in 2023 supported by pricing visibility from existing customer contracts. The Company remains on schedule to deliver its announced capacity expansions, which will result in an incremental 4,000 metric tons of volume available for sale in 2023, and an incremental 10,000 metrics tons available in 2024 year-over-year. We continue to work closely with our customers who remain focused on securing larger and longer-term volume commitments from us.” Alpha Lithium Corporation (OTCPK: APHLF) (NEO: ALLI) recently announced that it has. received an unsolicited takeover bid from TechEnergy Lithium Canada Inc., a subsidiary formed five days ago by the Spanish firm Tecpetrol Investments S.L. ("Tecpetrol’) (the "Tecpetrol Offer’). The board of directors of Alpha Lithium (the "Board’) and its special committee of independent directors (the "Special Committee’) will review the Tecpetrol Offer and related takeover bid circular with their financial and legal advisors; after which, the Board will respond in detail and make a recommendation to the Company's shareholders through a news release and a directors’ circular, in accordance with applicable securities laws, within the next 15 calendar days Lithium Americas Corp. (NYSE: LAC) (TSX: LAC) recently reported that the Cauchari-Olaroz project ("Cauchari-Olaroz” or the "Project’) in Jujuy, Argentina has produced its first lower than battery-quality lithium carbonate as part of commissioning. Additional purification processing equipment necessary to achieve battery-quality lithium carbonate is expected to be completed in the second half of 2023, as planned. "The initial production achieved as part of commissioning is an exciting step as Cauchart- Olaroz continues to advance toward first production of battery-quality lithium carbonate’ eaid Innathan Evan Lithiiim Amarinas' Pracidant and CEA "Aur dadirated and ckillad taame tps sw stockttan nenews/LTHMdomand-skyrockets-as-thium-mining-revenues-proected-o-reach-over-42upayhgh.Niml 318sas. 710M Dena hye 2 Lum Mog Reverses Pod To Reach LTH Stack News 4 ; are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. Alll readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNM has been compensated twenty six hundred dollars for news coverage of the current press releases issued by Indigo Exploration Inc. by non-affiliated third party. 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Contact Information: Media Contact email: editor @financialnewsmedia.com - +1(561)325-8757 c View original content:https://www.prnewswire,com/news-releases/demand-skyrockets-as- tps sw stockttan nenews/LTHMdomand-skyrockets-as-thium-mining-revenues-proected-o-reach-over-42upayhgh.Niml 488110923, 710 PI Demand Skyrockets a8 Lithium Mining Revenues Projected To Reach | LTHM Stock News all 10:10:16 PM NYSE:LTHM Livent Corp Latest LTHM News 08/03/23 405 PM Livent Releases Second Quarter 2023 Results 08/02/23 4:30 PM Allkem and Livent Announce Board of Directors for New TopCo 07/31/23 405 PM Livent Publishes 2022 Sustainability Report 97/10/23 405 PM Livent Announces Date for Second Quarter 2023 Earnings Release and Webcast Conference Call 06/29/23 6:25 PM Resumption of Operations at Livent Bessemer City and Status of Ongoing Remediation Efforts Rhea-Ai More info 16) (0) &) NEUTRAL LTHM Data INDUSTRY All Other Miscellaneous Chemical Product and Preparation Manufacturing ‘WEBSITE https://livent.com/ TeaTTRae vent Garp SECTOR Manufacturing Process Industries Chemicals: Specialty Tacs Manufacturing All Other Miscellaneous Chemical Product and Preparation Manufacturing county US About Livent Corp tps sw stockttan nenews/LTHMdomand-skyrockets-as-thium-mining-revenues-proected-o-reach-over-42upayhgh.Niml 588110923, 710 PI Demand Skyrockets a8 Lithium Mining Revenues Projected To Reach | LTHM Stock News 4 10:10:16 PM tps sw stockttan nenews/LTHMdomand-skyrockets-as-thium-mining-revenues-proected-o-reach-over-42upayhgh.Niml 688110923, 710 PI Demand Skyrockets a8 Lithium Mining Revenues Projected To Reach | LTHM Stock News 4 10:10:16 PM hitps sw stockttan netnews/LTHMdemand-skyrockets-as-thium-mining-revenues-proected-o-reach-over-42upayhgh. 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