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Liberty One Lithium Corp (LRTTF)

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Last Post: 12/13/2017 12:40:49 PM - Followers: 32 - Board type: Free - Posts Today: 5

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)



Bradley Hoeppner

T (604) 343-4547



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

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LRTTF News: ALYI - American Bulls Issues BUY Recommendation Following $700 Billion DOD News 12/01/2017 10:57:16 AM
LRTTF News: Massive Demand for Lithium Surges With Steady Growth in Electric Vehicles 11/14/2017 10:29:33 AM
LRTTF News: Investors Increasingly Confident in in Lithium as Industry Gains Momentum 10/26/2017 08:45:00 AM
#1023   ouch! notimelikeshowtime 12/13/17 12:40:49 PM
#1022   All stocks are speculative lol! notimelikeshowtime 12/13/17 12:39:58 PM
#1021   charts say other wise... we'll see,,,; notimelikeshowtime 12/13/17 12:32:44 PM
#1020   I see FRSSF just dropped from $.80 to mdb1 12/13/17 12:21:14 PM
#1019   LRTTF getting close,,,;) notimelikeshowtime 12/13/17 11:04:34 AM
#1018   Watching this one for a possible Breakout... notimelikeshowtime 12/09/17 09:38:56 AM
#1017   You are incorrect and let me explain, scroll MSU 11/26/17 05:12:50 PM
#1016   FRSSF is even MORE SPECULATIVE than LRTTF. At mdb1 11/26/17 10:08:50 AM
#1015   FRRSF The one... MSU 11/24/17 11:53:37 PM
#1014   You better follow Pizza Boy advise. His posts are MSU 11/24/17 08:35:05 PM
#1013   It's all just speculation at this point. mdb1 11/24/17 12:17:53 PM
#1012   Why 0.55? Just trying to educate myself MikeCZX 11/24/17 11:38:38 AM
#1011   I don't see any support until .55. Could djmurdock 11/24/17 11:36:52 AM
#1010   Time to buy more ??? MikeCZX 11/24/17 09:56:02 AM
#1009   Until they prove they have commercially viable lithium mdb1 11/21/17 10:30:38 PM
#1008   $LRTTF Reads very well. JettLoneStar 11/20/17 02:05:56 AM
#1007   Stock settled in range from $1.27 to $1.55??? mdb1 11/19/17 01:47:38 AM
#1006 MikeCZX 11/16/17 04:53:23 AM
#1005   Hit $1.29, not quite $3.00 yet. mdb1 11/15/17 12:04:43 PM
#1004   Here is some info on this stock MikeCZX 11/15/17 03:38:15 AM
#1003   This could be BIG, but also just another mdb1 11/14/17 01:46:01 PM
#1002   FRRSF The one... MSU 11/13/17 09:36:32 AM
#1001   What is your reasoning? There is just tmac1979 11/13/17 09:21:27 AM
#1000   I’ll do some research on this one and JettLoneStar 11/12/17 08:44:06 PM
#999   FRRSF Big money MSU 11/12/17 08:42:26 PM
#998   What do you mean get the big money? JettLoneStar 11/12/17 12:45:41 AM
#997   Go ahead brother we all know that, the MSU 11/11/17 10:47:20 PM
#996   Growing substantially for sure. Seems opportunity is wide JettLoneStar 11/09/17 06:56:38 PM
#995   Not a bad close LRTTF. Bouncing off the SuperPacMan 11/09/17 04:49:41 PM
#994   1.7 Billion. Whew that's a lot of SuperPacMan 11/09/17 04:44:38 PM
#993   The global demand for lithium metal is projected JettLoneStar 11/09/17 03:07:42 PM
#992   Leaders in the lithium mining markets are aiming JettLoneStar 11/09/17 03:07:31 PM
#991   Ramp up in Lithium-ion battery production due to JettLoneStar 11/09/17 03:07:08 PM
#990 MikeCZX 11/09/17 06:08:49 AM
#989   13 down on this board. MSU 11/07/17 02:46:37 PM
#988   Do you have a link or point me JettLoneStar 11/07/17 01:51:41 PM
#987   You might want to read Pizza Boys discovery... MSU 11/07/17 12:40:40 PM
#986   It’s been largely a trade for me but JettLoneStar 11/07/17 10:14:40 AM
#985   LRTFF has had quite the remarkable run. SuperPacMan 11/07/17 09:16:16 AM
#984   Good morning, LRTTF. Chart looks ready to bounce. SuperPacMan 11/07/17 08:58:16 AM
#983   Not exactly $3 yet? mdb1 11/06/17 03:55:27 PM
#982   Wait for it ... JohnCM 11/06/17 01:11:36 PM
#981   You are insane. JohnCM 11/04/17 12:12:02 PM
#980   You are insane. JohnCM 11/04/17 12:08:24 PM
#979   Good luck and hope it works out for tmac1979 11/03/17 08:54:19 AM
#978   I'm buying more tomorro. We're going to 3 Ricorich 11/02/17 10:16:56 PM
#977   Authorized Shares Unlimited a/o Jun 05, 2017 JohnCM 11/02/17 08:41:54 PM
#976   and here comes the financing announcement Pizza Boy 11/02/17 08:02:07 PM
#975   This gets better...what a sham. how many Pizza Boy 11/02/17 08:01:16 PM
#974 JohnCM 11/02/17 07:28:37 PM