Lithium Junior Miners News For The Month Of September 2022
Sep. 27, 2022 6:55 AM
............. Summary
Lithium chemical and spodumene prices were higher the past month. China lithium carbonate spot passes CNY 500,000/t and along with lithium spodumene hits a new record high.
Lithium market news - BMI: We need 74 new 45,000tpa LCE lithium mines (59 if include recycling) by 2035. European Commission discusses their Critical Raw Materials Act.
..............
Essential Metals [ASX:ESS] (OTCPKIONF)
Essential Metals has 9 projects (lithium, gold, gold JV, and nickel JV) all in Western Australia. Their flagship Pioneer Dome Lithium (spodumene) Project has a JORC Compliant Total Resource of 11.2Mt at 1.21% Li2O.
On September 13, Essential Metals announced: "Replacement Announcement: Essential Metals targeting lithium production at the Pioneer Dome Lithium Project in 2025."
On September 26, Essential Metals announced: Advancement of Pioneer Dome Lithium towards production - Mining Lease Application lodged. Scoping Study underway, metallurgical test work results imminent, financing and off-take term sheets being formulated.
ESS Price at posting:
44.5¢ Sentiment: Buy Disclosure: Held
IONF)
