Lithium Junior Miners News For The Month Of June 2022 – Seeking Alpha

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Welcome to the June 2022 version of the “junior” lithium miner information. We now have categorized these lithium miners That will Unprobably be in manufacturing earlier than 2023 As a Outcome of the juniors. Buyers are reminded that A lot of the lithium juniors will Most probably be needed Inside the mid and late 2020’s To current the progressing electrical car [EV] and power storage markets. This suggests investing Inside these corporations requires A greater hazard tolperiodnce and An extaccomplished Time physique.

June noticed some controversy over lithium worth forecasts and A very Huge quantity Of fantastic information from the lithium juniors. Lithium prices stayed very strong.

Lithium worth information

Asian Metallic reported Via the previous 30 days, 99.5% China lithium automotivebonate spot prices have been up 8.56% and China lithium hydroxide prices have been up 0.88%. Lithium Iron Phosphate (Li 3.9% min) prices have been up 0.84%. Spodumene (6% min) prices have been up 9.16% over the previous 30 days.

Benchmark Minperiodl Intelligence (“BMI”) as of mid-June reported China lithium automotivebonate prices of RMB 476,000 (US$70,925) (battery grade), and for lithium hydroxide RMB 484,000 (US$72,125).

Metallic.com reported lithium spodumene cas quickly asntprice (6%, CIF China) worth of CNY 32,935 (~USD 4,918/mt), as of June 23, 2022. See furtherly Pilbara Minperiodls information wright here their BMX auctions are attaining a lot greater spot prices (simply over US$7,000/DMT).

China Lithium automotivebonate spot worth – CNY 477,500 (~USD 71,315)

Buying and promoting Economics

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Source: https://seekingalpha.com/article/4520715-lithium-junior-miners-news-for-the-month-of-june-2022