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Liberty One Lithium Corp (LRTTF)

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Last Post: 8/21/2017 9:49:55 AM - Followers: 11 - Board type: Free - Posts Today: 1

Liberty One Lithium Corp. is an emerging exploration company focused on the acquisition and development of high grade lithium brine deposits. The Company believes that global resources are the key to a robust energy strategy to protect economic stability worldwide.

Lithium accounts for only about 5% of the materials in some car batteries, and for less than 10% of their cost. But the element is a vital component of batteries that power everything from cars to smartphones, laptops and power tools. With demand for such high-density energy storage set to surge as vehicles become greener and electricity becomes cleaner, Goldman Sachs recently called lithium “the new gasoline”.

That has made it the world’s hottest commodity. The price of battery grade 99%-pure lithium carbonate imported to China escalated from around US$7,000/tonne in mid-2015 to over well over US$20,000/tonne as recently as June, 2016.

The rise mostly reflected concerns about the future liquidity of China’s spot market. China gets much lithium from spodumene rock in Australia, an alternative to South American brine. Albermarle, an American miner, and Tianqi, its Chinese joint-venture partner, plan to use spodumene from a big Australian mine to process more battery-grade lithium carbonate and hydroxide. That will mean less ore available on the spot market in China.

The current industry is concentrated, which adds concerns. Last year Albermarle, the world’s biggest lithium producer, bought Rockwood, owner of Chile’s second-biggest lithium deposit. It and three other companies—SQM, FMC of America and Tianqi—account for most of the world supply of lithium salts, according to Citigroup. What is more, a big lithium-brine project in Argentina, run by a joint venture of Orocobre, an Australian miner, and Toyota, Japan’s largest carmaker, is behind schedule. Though the Earth contains plenty of lithium, extracting it can be costly and time-consuming, so higher prices may not automatically stimulate a surge in supply.

Demand is also on the upturn. At the moment, the main lithium-ion battery-makers are Samsung and LG of South Korea, Panasonic and Sony of Japan, and ATL of Hong Kong. But China also has many battery-makers. Its government is stepping up the promotion of lithium-ion batteries and electric vehicles, with the biggest emphasis on buses. Sales of “new energy” vehicles in China almost tripled in the first ten months of 2015 compared with the same period in 2014, to 171,000.

Additionally, Tesla Motors, is building its “Gigafactory” in Nevada, which it has stated it hopes to supply lithium-ion batteries for 500,000 cars a year within five years. J.B. Straubel, Tesla’s chief technical officer, says the firm wants to secure supplies of many battery materials, not just lithium. “There’s so much hype in the lithium market right now…people look at it as this magical element,” he says. Nonetheless, in August Bacanora, a Canadian firm, said it had signed a conditional agreement to supply Tesla with lithium hydroxide from a mine that it plans to develop in northern Mexico. Bacanora’s shares jumped on the news—though analysts noted that shipping fine white powder across the United States border would need careful handling.

Bigger carmakers also have a growing appetite for lithium. In a recent shift, Toyota has begun offering lithium-ion batteries instead of heavier nickel-metal hydride ones in its Prius hybrid. Tougher emissions standards in Europe and America are likely to boost carmakers’ need for lithium.

Another big source of demand may be for electricity storage. The holy grail of renewable electricity is batteries cheap and capacious enough to overcome the intermittency of solar and wind power—for example, to store enough power from solar panels to keep the lights on all night. Tesla recently announced it will start installing “Powerwall” battery packs in American and Australian homes to store solar energy, at a cost of $3,000. Enel, an Italian utility, is launching similar storage products this year in South Africa, where homes and businesses suffer frequent black-outs.

Power utilities will increasingly use giant battery packs, charging them at times of low demand and tapping them to provide short bursts of electricity at peak times, an alternative to building a fossil-fuel plant that will sit idle the rest of the time. AES Energy Storage, a big provider of energy storage, won a contract in 2014 to provide a “peaker plant” in Southern California that will provide up to 100 megawatts (MW) of power into the grid at moments of maximum demand. In December, the firm agreed to buy, over several years, enough lithium-ion batteries from LG to provide ten times this level of peak power—that is, 1 gigawatt, or more than the output of an entire, typical-size coal-fired power station. “We’re hybridising the power grid,” says John Zahurancik, its boss.


In summary, a number of market forces are at work that all link to lithium as an in-demand metal for the foreseeable future. Liberty One Lithium Corp. sees it as an opportunity to participate in the diversification and continued growth (and protection) of a robust global energy policy.

Liberty One aims to aid a strategic policy that assures access to lithium, for a better future for everyone.

With edited notes from “An increasingly precious metal” – The Economist, (2016)

         

Contact

Bradley Hoeppner

T (604) 343-4547

E info@l1lithium.com

 

Exchange/Symbol: TSX-V: LBY.H  Otc LRTTF

CUSIP: 53116A107

ISIN: CA53116A1075

Fiscal Year End: Dec 31

Shares Outstanding (02/16/17): 32.73M

Web Site
https://libertyonelithium.com/

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PostSubject
#629   LRTTF strong open this morning. $0.65s up on BDavid5 08/21/17 09:49:55 AM
#628   I agree. LRTTF chart looks great, and the BDavid5 08/18/17 01:47:31 PM
#627   You have to be excited with the current MSU 08/18/17 11:43:01 AM
#626   $Lrttf i want to see our .60 as simmons420 08/18/17 08:59:15 AM
#625   Fingers crossed. http://stock.report/liberty-one-lithium-lrttf-reports-positiv Bentov 08/17/17 05:28:33 PM
#624   Agreed. Supernova12 08/17/17 11:22:07 AM
#623   . Supernova12 08/17/17 10:46:22 AM
#622   You will not see these levels again IMO. MSU 08/17/17 10:18:36 AM
#621   Added more today. MSU 08/17/17 10:17:33 AM
#620   Guess they are buying on rumor and selling MSU 08/17/17 10:06:05 AM
#619   This is not the kind of news you Supernova12 08/17/17 09:52:32 AM
#618   News this morning is very reassuring huh? billymack 08/17/17 09:12:45 AM
#617   BOOM!! OTCQB with a most impressive Share Structure $LRTTF Supernova12 08/17/17 08:21:35 AM
#616   LRTTF Reports Positive Geophysical Survey Results Exceed Expectations BDavid5 08/17/17 07:43:03 AM
#615   OMG! I don't really have to tell everyone Supernova12 08/17/17 07:38:26 AM
#614   NEWS! It's ON! Liberty One Lithium Reports Positive Supernova12 08/17/17 07:19:40 AM
#613   Good morning $Lrttf news www.stockwatch.com/News/Item.aspx?bid=Z-C:LBY-2495989& simmons420 08/17/17 07:03:30 AM
#612   Lets see a .60 hold here $Lrttf. simmons420 08/16/17 07:26:04 AM
#611   I like the breather here. Time to rest simmons420 08/15/17 03:11:17 PM
#610   Agreed. That's what I did a few billymack 08/15/17 03:09:34 PM
#609   As long as we hold this base we simmons420 08/15/17 10:48:02 AM
#608   Back to the 60s everyone. billymack 08/15/17 10:43:32 AM
#607   Just like our last move the longer we simmons420 08/15/17 09:11:08 AM
#606   Next leg coming soon imho for LRTTF . Nice BDavid5 08/15/17 08:58:05 AM
#605   This is going to be a fun , simmons420 08/15/17 07:22:58 AM
#604   Huge Opportunity Ahead with Liberty One Lithium (LRTTF) Supernova12 08/14/17 03:14:41 PM
#603   A little lighter than I would have liked billymack 08/14/17 02:47:56 PM
#602   LRTTF holding this nice base above $0.60. Solid BDavid5 08/14/17 02:47:15 PM
#601   That little pull-back last week was a serious billymack 08/14/17 02:42:36 PM
#600   Great post i 100% agree simmons420 08/14/17 02:09:31 PM
#599   Next news release, this will do very very Supernova12 08/14/17 02:08:42 PM
#598   I agree holding $Lrttf long . Imho 1.00 simmons420 08/14/17 10:35:24 AM
#597   I am in, this looks good, by 2023 MSU 08/14/17 10:25:28 AM
#596   Anyone new to the board here is all simmons420 08/14/17 07:31:10 AM
#595   Good morning i will post a link to simmons420 08/14/17 07:04:34 AM
#594   Difficult to get information on how this company MSU 08/13/17 12:16:15 PM
#593   Back to .60 $Lrttf that dip did simmons420 08/11/17 10:46:30 AM
#592   Good morning $Lrttf , She needed to breath simmons420 08/11/17 07:07:38 AM
#591   Got some profit take for sure here I billymack 08/10/17 01:57:21 PM
#590   Crash and burn time.. bearish warrentrade1 08/10/17 01:41:08 PM
#589   Nevermind...old news Supernova12 08/10/17 01:39:42 PM
#588   Yesss, healthy consolidation! Added more to my position. TracyTrades 08/10/17 01:00:31 PM
#587   I'm right with you! $LRTTF has plenty of TracyTrades 08/10/17 12:58:00 PM
#586   I'm adding under $0.60. I'm long LRTTF BDavid5 08/10/17 12:47:04 PM
#585   I agree charts don't go up forever. Nice simmons420 08/10/17 12:39:47 PM
#584   This little morning dip was nice to take billymack 08/10/17 12:26:50 PM
#583   Volume picking up here for $LRTTF, lets finish TracyTrades 08/10/17 10:52:56 AM
#582   bit.ly/2uJS6Ot insert-text-here https://pbs.twimg.com/media/DG32CLqXYAAa0Tw TracyTrades 08/10/17 10:52:55 AM
#581   Definitely anticipating an update! It's done very well TracyTrades 08/09/17 02:40:01 PM
#580   Great stock great company. $Lrttf jmho 1.00 simmons420 08/09/17 02:26:31 PM
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