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Liberty One Lithium Corp (LRTTF)

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Last Post: 9/22/2017 11:44:38 AM - Followers: 12 - Board type: Free - Posts Today: 0

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
#734   Agreed buddy. BDavid5 09/22/17 11:44:38 AM
#733   You and me both LRTTF come on $0.60s!! lol BDavid5 09/22/17 11:28:21 AM
#732   Lit has been on fire and with the simmons420 09/22/17 11:24:24 AM
#731   Agreed. LRTTF looks like things are picking up. BDavid5 09/22/17 11:23:56 AM
#730   Yeah, it looks like there's a nice flurry BDavid5 09/22/17 11:21:37 AM
#729   Looking for a break of $0.55 today. TONS billymack 09/22/17 11:21:08 AM
#728   A push now , normally means a push simmons420 09/22/17 11:12:42 AM
#727   Looks like a nice push here . $LRTTF simmons420 09/22/17 11:11:47 AM
#726   I just wish it would finally say goodbye billymack 09/22/17 11:01:29 AM
#725   Yeah, from my experience with trading, everytime the BDavid5 09/22/17 10:42:19 AM
#724   Some good info: https://haydenbusinessjournal.com/market-notes-watching-shares- tmac1979 09/22/17 08:39:18 AM
#723   LOL, nice. But for real though, I billymack 09/21/17 11:10:39 AM
#722   It's LIT! lol BDavid5 09/21/17 10:48:05 AM
#721   ?Liberty One Lithium Aims to Be Best of tmac1979 09/21/17 09:18:21 AM
#720   Lithium ETF hit 6 year high yesterday billymack 09/21/17 08:18:21 AM
#719   Lmao tmac1979 09/20/17 06:16:18 PM
#718   The old boy has been in the Scotch MSU 09/20/17 04:05:31 PM
#717   Supernova12 - what are you talking about in tmac1979 09/20/17 11:57:27 AM
#716   Supernova12 - what are you talking about in tmac1979 09/20/17 11:57:23 AM
#715   You have to ask yourself, do you really Supernova12 09/20/17 11:12:54 AM
#714   To all ETARDs (ETraders), just take your 54 Supernova12 09/20/17 10:05:12 AM
#713   I hope that ask from ETARD gets taken Supernova12 09/20/17 09:39:38 AM
#712   NEWS!! They are going to start drilling soon! Supernova12 09/20/17 08:13:16 AM
#711   Nice bid support there through $0.53.. Healthy consolidation BDavid5 09/19/17 03:02:55 PM
#710   Nice intel and info: https://finance.yahoo.com/news/liberty-one-lithium-provides tmac1979 09/19/17 10:39:41 AM
#709   Lithium spot price on the rise i expect simmons420 09/18/17 07:06:27 AM
#708   Wondering what this week will end up becoming billymack 09/17/17 02:26:30 PM
#707   This stock always fall off towards the end tmac1979 09/15/17 05:03:05 PM
#706   If LRTTF can close above 0.54 I will Suarezzz1111 09/15/17 04:09:30 PM
#705   Big hopes I see for LRTTF same here Suarezzz1111 09/15/17 03:23:04 PM
#704   I agree LRTTF riding the wave Suarezzz1111 09/15/17 01:03:59 PM
#703   Loving the bid support through 0.53 right now. BDavid5 09/15/17 12:22:00 PM
#702   Yes sirr $Lrttf does . And useing the simmons420 09/15/17 11:48:50 AM
#701   It is getting hard to buy this, the MSU 09/15/17 11:47:00 AM
#700   Very solid especially with the lithium space bubbling Suarezzz1111 09/15/17 11:45:30 AM
#699   With lit lithuim etf on fire $Lrttf should simmons420 09/15/17 11:39:07 AM
#698   The bid support for LRTTF is crazy right Suarezzz1111 09/15/17 10:16:27 AM
#697   LRTTF solid bid support at $0.55 right now. BDavid5 09/15/17 10:02:15 AM
#696   LRTTF is still showing signs of strong Suarezzz1111 09/15/17 09:57:25 AM
#695   LRTTF is still showing signs of strong Suarezzz1111 09/15/17 09:57:24 AM
#694   Just got back from vacation and saw the jasonstocktrader 09/14/17 03:44:53 PM
#693   Yep LRTTF looking real good right now. Look BDavid5 09/14/17 03:42:51 PM
#692   Hell yes. About time billymack 09/14/17 03:40:57 PM
#691   I see that amazing momentum for LRTTF it Suarezzz1111 09/14/17 03:39:18 PM
#690   Look at that bid support right now, WOW billymack 09/14/17 03:37:05 PM
#689   Yep this stock is beast. Up 38% from BDavid5 09/14/17 03:29:29 PM
#688   I have not seen volume like this for Suarezzz1111 09/14/17 03:21:37 PM
#687   Monster day today. Volume is about to billymack 09/14/17 03:16:27 PM
#686   I agree. But It's important for a company BDavid5 09/14/17 03:15:31 PM
#685   Revenue will drive the price. Trust me. MSU 09/14/17 10:50:46 AM
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