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Liberty One Lithium Corp (LRTTF)

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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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LRTTF News: Investors Turn to Producers to Capitalize on Lithium Growth 01/17/2018 08:45:00 AM
LRTTF News: Trump’s Recent Executive Order Could Boost Lithium Supply in the U.S. 01/10/2018 08:45:00 AM
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
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#1091   Doesn't it lol still looks kind of deadly make it happen 08/22/18 09:25:58 AM
#1090   Looking like death warmed over ... JohnCM 08/22/18 02:13:53 AM
#1089   Looking like z bottom make it happen 08/21/18 11:11:42 AM
#1088   I went to www.sedar.com, which is the Canadian Mike1366 08/16/18 06:47:44 PM
#1087   Pump a dump JohnCM 06/07/18 05:40:25 PM
#1086   Latest LRTTF news was 3/2018. $0.50 option MPTIU82 06/07/18 01:30:46 PM
#1085   Does anyone know this LRTTF executive team or MPTIU82 06/07/18 01:26:56 PM
#1084   LRTTF now $0.1575. Their Li exploration one drill MPTIU82 06/07/18 12:51:21 PM
#1083   I was scammed as well it seems. Criminals. MPTIU82 06/07/18 12:45:12 PM
#1082   No news in 3 months and no posts Mike1366 04/12/18 05:29:23 PM
#1081   Nice little P&D. My dad got a a JohnCM 03/15/18 07:22:12 AM
#1080   imo LRTTF is $.20 stock selling in the mdb1 03/05/18 12:03:40 PM
#1079   Wasn't this almost $2.00 a few months ago? mdb1 02/27/18 04:29:50 PM
#1078   Not surprised to see this breaking down JJSimmons 02/25/18 06:55:09 PM
#1077   As LRTTF re-enters $.40s, FRRSF appears headed for $.30s. mdb1 02/24/18 02:40:38 AM
#1076   There is no drilling and there are no myjo 02/23/18 09:57:06 AM
#1075   Where O where are drill results???! mdb1 02/22/18 10:42:31 AM
#1074   Investors conference is nothing but BS. Market needs myjo 02/21/18 11:07:03 AM
#1073   The website is up and working as of regalmanor 02/21/18 10:28:00 AM
#1072   LRTTF website is down. Stock is going down. myjo 02/17/18 07:01:42 AM
#1071   Stock is not moving up. LRTTF management, it’s myjo 02/15/18 03:58:11 PM
#1070   Did anyone try to contact company or their myjo 02/15/18 07:52:44 AM
#1069   Where oh where are the drill results? mdb1 02/14/18 11:49:34 AM
#1068   LRTTF is not moving at all. It’s in myjo 02/13/18 11:58:16 AM
#1067   On what basis you predict that? myjo 02/12/18 06:56:59 PM
#1066   LRTTf should have a nice day tomorrow. The1andonlyt 02/12/18 04:06:31 PM
#1065   Now is the perfect time to announce results myjo 02/09/18 05:10:09 PM
#1064   Those results will be months away, if you MSU 02/04/18 12:24:29 PM
#1063   frrsf hit $.39s today briefly. lrttf is still mdb1 02/02/18 09:46:45 PM
#1062   Both LRTTF & FRRSF have been going DOWN mdb1 02/01/18 06:38:48 PM
#1061   FRRSF News is out. MSU 01/31/18 02:44:00 PM
#1060   Wish you would sell me your shares? MSU 01/31/18 02:38:56 PM
#1059   FRRSF is in $.50s. Been dropping for mdb1 01/31/18 11:41:50 AM
#1058   No drill results yet. Meanwhile stock dropped by myjo 01/31/18 08:49:52 AM
#1057   Another week and STILL no drill results .. mdb1 01/31/18 08:03:58 AM
#1056   LRTTF is silent about drill results. Why? Simply myjo 01/26/18 07:09:05 AM
#1055   What happened to drill results promised? mdb1 01/23/18 07:42:01 PM
#1054   FRRSF MSU 01/12/18 01:23:59 PM
#1053   This stock imo is only worth $.20, as mdb1 01/12/18 07:55:09 AM
#1052   I don't follow Lithium prices or other Lithium regalmanor 01/11/18 10:25:55 PM
#1051   Why it’s down for last 3 days in myjo 01/11/18 03:06:21 PM
#1050   Party is over turn out the lights. MSU 12/29/17 01:17:33 PM
#1049   Strong bounce, this looks like it could keep running Freeriderr 12/29/17 12:21:13 PM
#1048   Maybe somebody already knows the results of the Mike1366 12/29/17 10:13:50 AM
#1047   Or up.. scotsand 12/29/17 09:44:21 AM
#1046   There is an alternative? MSU 12/29/17 09:15:24 AM
#1045   Speculative VOLATILITY. Could go down 50% in mdb1 12/29/17 07:15:00 AM
#1044   LRTTF up well over 50% in TWO days Stingray 12/28/17 03:49:28 PM
#1043   What a nice orderly climb...1st bit of resistance Stingray 12/28/17 01:30:58 PM
#1042   Boy oh boy I missed seeing this! MSU 12/28/17 11:27:20 AM
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