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Lithium Chile partners with Eramet to explore four projects
https://www.rumbominero.com/chile/lithium-chile-eramet/
Looks like Sunresin is building a $25 million dollar 3000t/year demo plant (Chinese link) for the Doncella project on salar de arizaro that is owned by Hanacolla SA which is owned by Hanaq Group. Hanacolla will need to transport it from china to their claims in arizaro and are responsible for all the permitting and stuff. In the last year it looks like Hanacolla has put down at least 4 drill holes on their tenements on salar de arizaro. It would be nice to see LITH do something similar, I am expecting some sort of info on a demo plant on Lith claims in arizaro.
The 35,500-hectare Salar de Llamara in Chile is one of our projects in the pipeline. With grades of up to 350mg/L lithium, its potential is on the horizon.
— Lithium Chile Inc. (@ChileLithium) July 24, 2023
Explore this property: https://t.co/faZVWpYAbs#TSX $LITH #TSXV $LITH.V #OTCQB $LTMCF pic.twitter.com/lPhZTG05hU
REMSA state owned company currently has a tender active for 5 plots in the north part of Salar de Arizaro that together total ~27,570 ha.
Link 1 Link 2 Link 3
The last two pages of the official term sheet for the tender show the map of the plot locations and also the schedule for the tender.
Bids are due august 11th. Also the bidders are required to keep proof of funds related to the bid available for at a minimum of 60 days with room for extension beyond that. So seems like REMSA expects to award the tender exploration/exploitation on all the plots within about 60 days after Aug 11th.
I wonder how much money these bids are going to attract? I bet it will boost attention and value to LITH. also the timing for LiTH to update resources is perfect for this tender, makes me think that the bidders will likely be looking at buying out or partnering with LITH. Also i am willing to bet LITH is working to be a competitive bidder!
Holding long! GLTA. This is very undervalued the next few weeks will push this higher and the tender results could send us to the moon!
Lithium Chile recent post on Twitter July 27th drop of Preliminary Economic Analysis. Link
Next week I am expecting results from the third production well.
Following this I expect results from Diamond Hole 6.
Next few weeks are set for some real gains IMO.
Lvl2 was looking good EOD w/ ASK thinning out!
$LTMCF
Power hour approaching! This is BIG and GREEN on the Ticker Buzz Cloud! https://investorshub.advfn.com/boards/tcloud.aspx
$LTMCF
Nice accumulation today. Undervalued Lithium play.
Large bidders on the bid in the .60 range
$LTMCF
$LTMCF is a STRONG BUY! https://www.barchart.com/stocks/quotes/LTMCF/opinion
Super thin spread .6101 x .6214
$LTMCF
Opportunities and Potential in Chilean Lithium (LITH, ALB, SQM, LAC)
New York, NY --News Direct-- CapitalGainsReport
Lithium's crucial role in battery technology, which is quickly gaining importance across numerous industries, has been a major factor in the sector's impressive growth in recent years. As a result, the lithium market has been heating up and attracting significant attention. This surge in interest has transformed the sector into a hotbed of acquisition activity.
Some recent activity includes:
August 2021: Bacanora Lithium agreed to cash offer of £284.8m from Ganfeng Lithium
September 2021: Sibanya Stillwater buy half of Ioneer’s lithium project in US$490m deal
November 2021: In a bidding war, Lithium America acquired Millennial Lithium for $4.70/share
December 2021: Rio Tinto buys Argentina lithium mine for $825m from private equity buyers
January 2022: Neo Lithium completes acquisition with Chinese state-owned firm, Zijin Mining -Group LTD $6.50/share
May 2022: Chengxin Lithium Group invested over $34m into Lithium Chile Inc.
August 2022: China's Ganfeng Lithium offers $962m to buy Lithea Inc - Assets in Salta Province
December 2022: Lithium America acquires Arena Minerals for US$227 million.
One company that could potentially be the next acquisition that investors should pay close attention to is Lithium Chile Inc. (TSXV:LITH) (OTC:LTMCF).
Lithium Chile is a junior mining company focused on advancing its extensive lithium property portfolio in Chile and Argentina. The company holds a total of 111,978 hectares in Chile and 20,800 hectares in Argentina, making it one of the largest landholders in the junior mining sector.
Acquisition Potential
In March, Lithium Chile announced it had attracted attention from an arm's-length third party expressing interest in the potential acquisition of certain South American assets. This expression of interest follows heightened market activity in Lithium Chile's shares. It is important to note that while Lithium Chile Inc. has not yet entered into any binding agreements or documents, the company is clearly getting noticed. Let's take a closer look at why.
LITH Properties
To start, when looking at junior mining companies, it's about the land and the quality and size of the land, and LITH has both. For example, one of the key projects in LITH’s portfolio is the Salar de Arizaro project in Argentina, which has a reported indicated and inferred resource of 2,587,000 metric tons of lithium carbonate equivalent, according to a NI 43-101 report.
Last month, it was announced that Lithium Chile had finished drilling three more holes for its Salar de Arizaro development program. The fourth and fifth diamond drill holes, ARDDH-04 and ARDDH-05, encountered favorable lithium-bearing brine strata, and sampling and drilling activities are ongoing. The company also completed its third production well, ARGENTO-03, which established brine mineralization potential at depths of 350 to 470 meters.
Additionally, Lithium Chile has acquired its own downhole pump and generator to enhance its operations in the Salar de Arizaro. The company is focused on unlocking significant value from the project and plans to release an updated 43-101 report incorporating the latest drilling data and a planned preliminary economic assessment (PEA) in early summer.
In addition to its lithium assets, Lithium Chile also owns five properties totaling 21,329 hectares that have potential for gold, silver, and copper exploration. The company is actively conducting exploration efforts on its Carmona gold/silver/copper property, strategically located in the Chilean mega porphyry gold/silver/copper belt.
Chile's Lithium Market
On April 20, Chile's President Gabriel Boric announced his intention to nationalize the country's lithium industry, which is the world's second-largest producer of the essential metal used in electric vehicle batteries. The move aims to boost Chile's economy and protect its environment by transferring control of the vast lithium operations from industry giants SQM and Albemarle to a separate state-owned company.
In response, Lithium Chile Inc. expressed support for President Boric's initiative and its potential benefits.
According to Lithium Chile's announcement, the proposed public-private initiative offers a transparent way for private companies to explore and develop their lithium assets. The company's management team welcomed the decision, emphasizing its positive impact on their business and the opportunity it provides for advancing projects in Chile.
Steve Cochrane, President and CEO of Lithium Chile, stated, "Contrary to nationalizing the Lithium industry in Chile, they have established a partnership between the public and private sectors that should allow for the rapid development of lithium projects in Chile." He further highlighted the removal of uncertainty and the potential for global interest in Chilean lithium projects.
Lithium Chile is poised to capitalize on this decision with its large exploration portfolio and strategic positioning in the lithium-rich region. The company has expressed confidence in its planned drilling program for early summer 2023 on its Llamara Project. The supportive stance of the Chilean government towards private sector investment and involvement encourages LITH to explore additional avenues for investment, growth, technology, and partnerships.
The Players
While Chile is a leading lithium producer and holds one of the largest reserves on the planet, only two companies, Albemarle Corp. (NYSE:ALB) headquartered in North Carolina and recognized as the world's largest lithium producer, and SQM (NYSE:SQM) the second-largest producer based in Santiago, Chile, are licensed to produce lithium in the country.
Albemarle Corporation (NYSE:ALB) is a global leader in the development, manufacturing, and marketing of engineered specialty chemicals. With a strong presence worldwide, the company operates through three key segments: Lithium, Bromine, and Catalysts. In the Lithium segment, ALB offers a comprehensive range of lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and lithium specialties and reagents.
Earlier this year, when lithium nationalization talks were announced in chile, Albemarle told Reuters that the announcement would have "no material impact on our business" and that planning for further investment in Chile would continue.
Sociedad Química y Minera de Chile (NYSE:SQM) is a prominent Chilean chemical company that serves as a leading supplier of plant nutrients, iodine, lithium, and industrial chemicals. With its significant presence in the global market, SQM holds the distinction of being the world's largest lithium producer.
SQM showcased strong financial results in 2022, generating $10.7 billion in revenue, with a significant portion of $8.15 billion coming from its lithium operations. As SQM continues to navigate the Chilean market, it will be intriguing to observe how the company strategically manages challenges and capitalizes on opportunities to maintain its position as a leading player in the global lithium industry.
Also In The Region
While not operating in Chile, Lithium Americas Corp. (NYSE:LAC) is prominent resource company operating in both the United States and Argentina. The company specializes in the exploration of lithium deposits, with a focus on sustainable and responsible development. Lithium Americas owns interests in three key projects: the Cauchari-Olaroz project located in Jujuy province, Argentina; the Thacker Pass project situated in north-western Nevada, United States; and the Pastos Grandes project situated in the Salta province of Argentina.
One of the highlights for Lithium Americas is its Thacker Pass asset, which has the potential to be a game changer. This asset boasts an impressive after-tax net present value of $5.7 billion and showcases an attractive internal rate of return (IRR) of 21.4%. The Thacker Pass project is expected to generate healthy cash flows once it becomes operational. Earlier this year, Lithium Americas secured a significant boost when General Motors (NYSE: GM) infused $650 million into the project for its development. This financing ensures smooth progress and sets the stage for first production to commence in 2026.
In addition to the Thacker Pass project, Lithium Americas has a stake in the Cauchari-Olaroz asset located in Argentina. The company has already finalized the separation of its U.S. and Argentina assets for separate listing entities. With the Cauchari-Olaroz asset targeting its first production in 2023, it presents a potential catalyst for stock upside. This strategic move and the upcoming production milestone further enhance the growth prospects for Lithium Americas.
With its strong project portfolio and the support of key partnerships, Lithium Americas Corp. is poised for success in the lithium market. The company's commitment to sustainable practices and its solid foothold in both the United States and Argentina make it an attractive choice for investors seeking exposure to the rapidly expanding lithium sector.
Disclaimers: CapitalGainsReport (CGR) is not operated by a licensed broker, a dealer, or a registered investment adviser. This content is for informational purposes only and is not intended to be investment advice. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled. CapitalGainsReport has been retained by Lithium Chile Inc. to assist in the production and distribution of this content. CapitalGainsReport 'CGR' is responsible for the production and distribution of this content. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. This content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by CGR or any third party service provider to buy or sell any securities or other financial instruments. All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. CapitalGainsReport is not a fiduciary by virtue of any persons use of or access to this content.
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View source version on newsdirect.com: https://newsdirect.com/news/opportunities-and-potential-in-chilean-lithium-lith-alb-sqm-lac-482444485
$LTMCF
Yep, over 50k shares stacked on bid now in the low .60s.
$LTMCF
Company Overview
https://lithiumchile.ca/company-overview/
$LTMCF $LITH
Lithium's crucial role in battery technology, which is quickly gaining importance across numerous industries, has been a major factor in the sector's impressive growth in recent years.
Nice article out this morning on Yahoo >>
Opportunities and Potential in Chilean Lithium (LITH, ALB, SQM, LAC)
https://finance.yahoo.com/news/opportunities-potential-chilean-lithium-lith-090000010.html
One company that could potentially be the next acquisition that investors should pay close attention to is Lithium Chile Inc. (TSXV:LITH) (OTC:LTMCF).
Lithium Chile is a junior mining company focused on advancing its extensive lithium property portfolio in Chile and Argentina. The company holds a total of 111,978 hectares in Chile and 20,800 hectares in Argentina, making it one of the largest landholders in the junior mining sector.
$LTMCF $LITH
297 views Mar 29, 2023 CALGARY
Michelle DeCecco, Vice President & COO of Lithium Chile (TSXV: LITH | OTCQB: LTMCF) takes on the spotlight during an exclusive one-on-one interview with Ashleigh Barry to share the details about the preliminary economic assessment on their Salar de Arizaro property, and the lined-up drilling and testing program to expand the property’s resource estimates. With huge property areas, both in Argentina and Chile, and significant cash-in-bank, Lithium Chile is trading far below the actual value of the company. With this, Michelle expressed that it is a good time for investors to take notice of the Company, siting the news release about the expressions of interest from a third party to acquire certain $LITH properties.
Stay tuned on the developments of Lithium Chile and its properties through its website: https://lithiumchile.ca
Nov 29 2022 19:20:01 ET
Interim financial statements/report - English
Sept 22, 2022
Diluted weighted average number of common shares,
end of period 227,289,952
https://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00030645
Lithium Chile’s Arizaro Project is Key in a World Fueled by Lithium
834 views Oct 28, 2022
https://lithiumchile.ca/
Lithium Chile Inc. (TSXV: LITH | OTCQB: LTMCF)
1,625 followers
5h • 5 hours ago
Lithium mining is no simple process. The traditional method involves pumping out lithium-rich brine into ponds where it is evaporated successively until high-grade material can be obtained. The Direct Lithium Extraction (DLE) method aims to supplant this time-consuming and water-intensive process. By using an absorbent material, DLE will allow lithium to be extracted directly from brine.
In Lithium Chile's Salar de Arizaro project, test work is already ongoing for DLE.
Find out more on our website: https://loom.ly/q_3Ym1Y
https://www.linkedin.com/feed/update/urn:li:activity:7046105192479526913/
4,103 views Jan 31, 2023 CALGARY
The team behind Lithium Chile (TSXV: LITH | OTCQB: LTMCF) is all set to prove its mettle in lithium this year. CEO and President Steve Cochrane explains to Global One Media how the company is ready to hit bigger opportunities, especially in the Salar de Arizaro, a Lithium Chile priority project. The most recent assays into the area's brine aquifers proves promising and which he describes as "game changers". With the company's solid cash position, capable team, and compelling prospects, Cochrane is confident that their efforts can prove serious underlying lithium resources in their priority project.
Learn more about Lithium Chile: https://lithiumchile.ca
José Gustavo de Castro Alem
https://www.linkedin.com/feed/update/urn:li:activity:7045471440866881536/
Interesting picture.
Rodrigo Dupouy, Country Manager in Chile of Sorcia Minerals
Lithium Chile Inc. (TSXV: LITH / OTCQB: LTMCF) Expands Resource by 81% Within a Year
https://www.reddit.com/r/SmallCap_MiningStocks/comments/107jkev/lithium_chile_inc_tsxv_lith_otcqb_ltmcf_expands/
On the move again just need some new updates/news..... We should be close to production now right?
Experts from Bolivia, Chile and Argentina will discuss lithium logistics.
"The future processes of coordination, management and transport of lithium in the Uyuni, Pastos Granes and Coipasa salt flats in Bolivia will be analyzed by experts from Chile, Argentina and Bolivia in a virtual forum called "The Logistics of Lithium", it was reported."
participating will be " José de Castro, from Argentina, an international consultant with experience in the development of projects and comprehensive operation of lithium mines, is also a director of Lithium Chile Inc. and Chief Operating Officer of Integra Natural Resources SA" where he will talk about "the logistical processes prior to the exploitation and mass production of lithium"
Need some more communication! Thought we were going to at least a $1
Lithium Chile
282 followers
3d • 3 days ago
PRESS RELEASE: We have received $3,642,862 net proceeds from Chengxin Lithium Group as part of their strategy to increase ownership in Lithium Chile to 19.86%.
The additional capital raised will aid in the growth of our lithium projects.
Details
https://bit.ly/3v3pmmj
https://www.linkedin.com/feed/update/urn:li:activity:6923033330812674048/
Midas letters
Summit Nanotech CEO Amanda Hall interview
Good man I wish I would have saved an article that explained 90% of the news about mining was BS after election. Since I do not have that link take it with a grain of salt.
Chile dollar more stable than Argentina's dollar.
I am not holding a position right now but always watching.
GLTA
I decided to join you here-
Was leary of Chile due to the election,but reassessed
futr
Real news coming soon.
Mark Moss a YouTuber money advice guru pumped this stock over weekend saying he wasn’t telling you to buy? So this maybe a short term pump by his followers. The timing is a marketing genius due to oil prices. He’s also promoted junior gold mining stocks recently that sponsored his presentation due to his large online following and these stocks are flat or declined. They probably had a short term pump due to his promotion then stalled. Once the pump stalls and retraces I might be a buyer here.