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Liberty One Lithium Corp (LRTTF)

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Last Post: 7/24/2017 4:02:27 PM - Followers: 13 - 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)



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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#467   They are aiming to achieve a MV similar TracyTrades 07/24/17 04:02:27 PM
#466   Let's Go $LRTTF!!! *cheering* TracyTrades 07/24/17 02:57:32 PM
#465   I agree LRTTF is definitely becoming a power Suarezzz1111 07/24/17 02:49:22 PM
#464   I think things can get exciting during PH BDavid5 07/24/17 02:37:24 PM
#463   Impressive indeed!!! Check out that volume! Not too TracyTrades 07/24/17 02:09:58 PM
#462   I'm really impressed with how LRTTF has been Suarezzz1111 07/24/17 01:37:26 PM
#461   Been watching this one for nonetheless already looks General Grievous 07/24/17 01:00:27 PM
#460   Agreed. As more and more people are starting BDavid5 07/24/17 12:33:23 PM
#459   I agree! $LRTTF is slaying competitors. TracyTrades 07/24/17 12:24:08 PM
#458   $LRTTF is holding a nice base in the TracyTrades 07/24/17 12:07:30 PM
#457   I have been watching LRTT for some time Suarezzz1111 07/24/17 11:51:26 AM
#456   True. It's been a solid day today billymack 07/24/17 11:46:31 AM
#455   Good Morning! Internet connection been down all moring TracyTrades 07/24/17 11:28:28 AM
#454   Yeah it's been on tear the last month. BDavid5 07/24/17 11:20:59 AM
#453   I see new support levels are building for Suarezzz1111 07/24/17 11:18:05 AM
#452   I'm really impressed with how the momentum and Suarezzz1111 07/24/17 11:04:51 AM
#451   0.60 is a real possibility for LRTTF only Suarezzz1111 07/24/17 11:00:35 AM
#450   We've been talking about liberty now for at BDavid5 07/24/17 10:58:17 AM
#449   bid building through 0.56 BDavid5 07/24/17 10:54:32 AM
#448   Over the last 20 days we have seen BDavid5 07/24/17 10:32:33 AM
#447   LRTTF another new 52 week high $0.5855! Bring BDavid5 07/24/17 09:58:13 AM
#446   I know, definitely some whales in there this BDavid5 07/24/17 09:40:04 AM
#445   Some mega buys coming in right now, wow billymack 07/24/17 09:38:26 AM
#444   lrttf new 52 week $0.575s and look at BDavid5 07/24/17 09:34:57 AM
#443   Name of the game haha. nice push billymack 07/24/17 09:17:35 AM
#442   Good morning $Lrttf let's see .60 this week. simmons420 07/24/17 08:34:27 AM
#441   lrttf hoping we can see $0.60 this week. BDavid5 07/24/17 07:47:39 AM
#440   I sure hope so! Nice close $LRTTF, catch TracyTrades 07/21/17 04:01:33 PM
#439   Guys It's going to $1 short lithiumjr 07/21/17 02:47:47 PM
#438   Very true. The results will tell us a lot. BDavid5 07/21/17 01:02:10 PM
#437   If that "VES" Survey comes back with good TracyTrades 07/21/17 12:48:44 PM
#436   Wouldn't be surprised if we don't see 2.00 plus shigtynodigty 07/21/17 12:39:10 PM
#435   Nice flurry of buys coming in. hod back BDavid5 07/21/17 12:12:25 PM
#434   LRTTF looking like it might re-test $0.56. Nice BDavid5 07/21/17 11:30:24 AM
#433   let's see what happens. a little pullback here BDavid5 07/21/17 09:55:57 AM
#432   PP is closed now. That's went they lithiumjr 07/21/17 08:39:49 AM
#431   I agree. They just keep making strategic move BDavid5 07/21/17 08:36:56 AM
#430   My thoughts as well. I'm hoping that billymack 07/21/17 08:02:10 AM
#429   You just don't see this stuff on the simmons420 07/21/17 08:00:30 AM
#428   NICE another $1milli raised with warrants higher billymack 07/21/17 07:53:28 AM
#427   $LRTTF good morning, We got some news today simmons420 07/21/17 07:01:02 AM
#426 big bo lithiumjr 07/20/17 06:12:53 PM
#425   Yes sirrrr , Lrttf is going to be simmons420 07/20/17 03:45:01 PM
#424   Now were talking! TracyTrades 07/20/17 03:29:12 PM
#423   I Was thinking $1.50ish! Let's do this $LRTTF !! TracyTrades 07/20/17 03:25:27 PM
#422   lrttf the gift that keeps on giving. BDavid5 07/20/17 03:24:23 PM
#421   Wow billymack 07/20/17 03:06:23 PM
#420   Same on this side too. INSANE BID billymack 07/20/17 02:15:50 PM
#419   On canadian side 344k bid at 67 !!! lithiumjr 07/20/17 01:50:41 PM
#418   Boom hod $Lrttf . Love this up trend . simmons420 07/20/17 01:42:47 PM