MTL 0.00% 0.3¢ mantle minerals limited

This is just the beginning of something so great, page-126

  1. 1,529 Posts.
    Lithium has been basing sideways for a few months after a major move earlier this year.

    Chinese move to buy stake in SQM may start a wave of M&A activity (Mergers and acquisitions) in lithium space.
    Consolidation in lithium sector could boost gains in junior lithium and graphite developers and explorers.
    Lithium price continues to move higher at fast rate boosting capital investment in new mines and technologies.

    The lithium market which has been in consolidation after a major upward move earlier this year may be ready to start its next move. News being reported by Reuters states that a big Chinese battery maker is in advanced stages of negotiations to buy a piece of Sociedad Quimica y Minera  one of the world's largest lithium producers. Could the Chinese be looking at junior lithium explorers as well?

    We may be ready to witness the next move higher which could even be greater that what we saw in the past.

    Lithium prices are continuing to skyrocket especially with news coming out of Tesla that they are reaching major technological breakthroughs with their electric vehicles. This is a sign that the Chinese are catching on to the lithium boom and it may auger even better times ahead for the junior lithium developers and explorers.

    Despite the recent rise of the lithium sector over the past year, the rising demand of electric vehicles could make lithium mining quite profitable over the next decade. The value could be in the companies making new lithium discoveries.
 
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