Lithium Junior Miners

Lithium Spot Prices Decline

Lithium spot prices witnessed a downturn over the past month. This drop in prices has prompted miners to reassess their production outputs.

Significant Activity in the Lithium Sector

Liontown Resources reported its first production delivery on time. Notably, Galan Lithium (ACLHF) received a non-binding indicative proposal from EnergyX.

Pilbara Minerals has proposed acquiring Latin Resources. Meanwhile, Patriot Battery Metals announced a substantial resource upgrade at their Shaakichiuwaanaan Lithium Project. They project an after-tax NPV8% of $2.9 billion.

Developments in Frontier and Delta Lithium

Frontier Lithium (FL.CA) applauded funding allocations for the Beren’s Bridge and Road Project. Besides, Delta Lithium confirmed drilling results of 94m at 0.94% Li2O.

Avalon Advanced Materials (AVL:CA) also reported intersecting 1.54% Li2O over 136.95m.

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