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Liberty One Lithium Corp (LRTTF)

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Last Post: 6/24/2017 10:22:51 AM - Followers: 12 - 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
#175   Anyone have a problem trading this with Scottrade? looking 4 a win 06/24/17 10:22:51 AM
#174   You are 100% correct , Anything under .40 simmons420 06/23/17 03:12:10 PM
#173   LRTTF has had a pretty good momentum this Suarezzz1111 06/23/17 02:16:00 PM
#172   So true. It's been trading sideways for a TracyTrades 06/23/17 02:15:05 PM
#171   LRTTF .41's up now. I think there's billymack 06/23/17 12:51:10 PM
#170   $Lrttf has been trading in this rang for simmons420 06/23/17 11:14:15 AM
#169   LOL this is so true. People think it BDavid5 06/23/17 10:45:50 AM
#168   Oh yeah I think so. I'm adding under BDavid5 06/22/17 02:41:54 PM
#167   All OTC stocks need stock awarnes. how simmons420 06/22/17 01:32:37 PM
#166   Agreed. Basically their jv partner's CEO is billymack 06/22/17 01:31:50 PM
#165   Paid promo buddy!!!! Best of trades$$$$ Tha Part Time Er 06/22/17 01:06:00 PM
#164   We know what we own this will be simmons420 06/22/17 10:43:31 AM
#163   Look's like $LRTTF is making all the right simmons420 06/22/17 08:50:26 AM
#162   LRTTF Appoints Mining Exec Kyle Stevenson to Board BDavid5 06/22/17 08:36:49 AM
#161   I agree on that. Lithium plays take time jasonstocktrader 06/21/17 02:31:27 PM
#160   You are correct- long shigtynodigty 06/21/17 02:17:36 PM
#159   LRTTF loving the increase in volume we're seeing BDavid5 06/21/17 10:00:43 AM
#158   getting ready for blast off here $$$LRTTF$$$ silverbugz 06/21/17 06:39:21 AM
#157   I am also averaged at about the same Dhubbard5 06/20/17 04:30:51 PM
#156   Today especially. Looks like volumes coming in real jasonstocktrader 06/20/17 03:48:09 PM
#155   LRTTF Acquires Interest in the Heart of Argentina's BDavid5 06/15/17 08:49:28 AM
#154   News $LRTTF https://finance.yahoo.com/news/liberty-one-lithium-acquires-interest-123000912.html simmons420 06/15/17 08:46:27 AM
#153   Looking good!!! shigtynodigty 06/07/17 03:03:39 PM
#152   Nice end of the day push here. simmons420 06/05/17 08:46:49 PM
#151   Lithium will be the newest sector that will shigtynodigty 06/03/17 08:10:16 PM
#150   Is there a captain on deck? We need City_Galloper 06/03/17 07:49:08 PM
#149   This ship can not stay docked forever. Smart simmons420 06/02/17 03:36:55 PM
#148   Slowly rising pps and volume ?????? @WolfofWeedST 06/01/17 12:01:08 PM
#147   Welcome to the board , Smart investor's accumulating. $Lrttf simmons420 05/31/17 06:28:13 AM
#146   The fact it's hovered in this neighborhood is @WolfofWeedST 05/30/17 04:36:27 PM
#145   It's takes time for the company to get simmons420 05/30/17 12:00:19 PM
#144   How long until it goes to the sky...Been shigtynodigty 05/28/17 07:06:45 PM
#143   So much good news this is going to simmons420 05/26/17 06:28:28 AM
#142   Yes sirr, I'm not watching ever day price simmons420 05/23/17 07:17:01 AM
#141   I gotta think this is gunna break north billymack 05/18/17 10:23:26 AM
#140   http://www.proactiveinvestors.com/companies/news/177454/liberty-one-lithium-pick simmons420 05/15/17 12:33:09 PM
#139   So first thing that needed done was getting simmons420 05/15/17 12:03:18 PM
#138   Funding done , Now time to get to simmons420 05/15/17 10:07:23 AM
#137   Agreed. Did you see they closed on billymack 05/10/17 03:18:38 PM
#136   $LRTTF been looking better the past couple days SuperPacMan 05/08/17 01:17:51 PM
#135   This is true. I like that haha. billymack 05/05/17 11:51:30 AM
#134   come on people! Gem here. just silverbugz 05/05/17 10:57:19 AM
#133   I'm seeing more MMs showing up let's get simmons420 05/04/17 02:58:35 PM
#132   I'm fully loaded here rteest 05/04/17 11:07:50 AM
#131   It's looking good today, More eye's coming over simmons420 05/04/17 11:05:56 AM
#130   Looking Green Today Penny Traders Club 05/04/17 10:25:52 AM
#129   today is our day! $$$LRTTF$$$ silverbugz 05/04/17 09:43:36 AM
#128   Looking good here excited to see what's coming. simmons420 05/04/17 08:56:59 AM
#127   Saw a filing out on SEDAR billymack 05/03/17 04:01:40 PM
#126   Just got word of an announcement coming. Good deal!!!! rteest 05/03/17 03:34:52 PM
PostSubject