Eye on Lithium: By 2040, all of the lithium mined last year will only meet one month’s demand

3
1
Favorite

Eye on Lithium: By 2040, all of the lithium mined last year will only meet one month’s demand

Stockheads2022-10-14

Link copied to clipboard We need more than twenty times the amount of lithium mined last year to meet demand Ragusa receives new NT tenement grant Winsome begins drilling at the Cancet and Adina ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment（1）

tk1799
·2022-10-14
N then the environmentalist will lament that crude oil is better for the climate! [Facepalm]
Reply
Like
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/2275600718?lang=en_US&edition=fundamental","thumbnail":"https://stockhead.com.au/wp-content/uploads/2022/10/scuse-640x360.jpg","is_english":true,"pubTime":"2022-10-14 13:30","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2275600718","market":"hk","top_or_hot":-1,"title":"Eye on Lithium: By 2040, all of the lithium mined last year will only meet one month’s demand","media":"Stockheads","content":"<div>\n<p>Link copied to clipboard\nWe need more than twenty times the amount of lithium mined last year to meet demand\nRagusa receives new NT tenement grant \nWinsome begins drilling at the Cancet and Adina ...</p>\n\n<a href=\"https://stockhead.com.au/resources/eye-on-lithium-by-2040-all-of-the-lithium-mined-last-year-will-only-meet-one-months-demand/\">Source Link</a>\n\n</div>\n","source":"stockheads_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Eye on Lithium: By 2040, all of the lithium mined last year will only meet one month’s demand</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEye on Lithium: By 2040, all of the lithium mined last year will only meet one month’s demand\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-14 13:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://stockhead.com.au/resources/eye-on-lithium-by-2040-all-of-the-lithium-mined-last-year-will-only-meet-one-months-demand/><strong>Stockheads</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Link copied to clipboard\nWe need more than twenty times the amount of lithium mined last year to meet demand\nRagusa receives new NT tenement grant \nWinsome begins drilling at the Cancet and Adina ...</p>\n\n<a href=\"https://stockhead.com.au/resources/eye-on-lithium-by-2040-all-of-the-lithium-mined-last-year-will-only-meet-one-months-demand/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BMI","symbol_name":"Badger Meter","start_time":0,"source_url":"https://stockhead.com.au/resources/eye-on-lithium-by-2040-all-of-the-lithium-mined-last-year-will-only-meet-one-months-demand/","article_id":"2275600718","we_media_id":null,"thumbnails":["https://stockhead.com.au/wp-content/uploads/2022/10/scuse-640x360.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2275600718","pubTimestamp":1665725407,"columns":[],"sourceInfo":{"source_id":"stockheads_stock","name":"Stockheads"},"weMediaInfo":null,"summary":"Link copied to clipboard\nWe need more than twenty times the amount of lithium mined last year to mee","collect":0,"end_time":0,"defaultTopTitle":"stockhead.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"BMI":"Badger Meter","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","BK4110":"抵押房地产投资信托","IE0002270589.USD":"LEGG MASON CLEARBRIDGE VALUE \"A\" (USD) INC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU1548497426.USD":"安联环球人工智能AT Acc","LU1267930490.SGD":"TEMPLETON GLOBAL EQUITY INCOME \"AS\" (SGD) INC A","LU0985489474.SGD":"First Eagle Amundi International AHS-C SGD-H","BK4548":"巴美列捷福持仓","LU0211327993.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (USD) ACC","LU1718418525.SGD":"JPMorgan Investment Funds - Global Select Equity A (acc) SGD","LU0878866978.SGD":"First Eagle Amundi International AHS-QD SGD-H","META":"Meta Platforms, Inc.","BGNE":"百济神州","LU0211328371.USD":"TEMPLETON GLOBAL EQUITY INCOME \"A\" (MDIS) (USD)   INC","LU0433182093.SGD":"First Eagle Amundi International AS-C SGD","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU0068578508.USD":"First Eagle Amundi International Cl AU-C USD","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","BK4157":"电子设备和仪器","SGXZ99366536.SGD":"United Global Innovation A Acc SGD-H","BK4139":"生物科技","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","SG9999001077.SGD":"United International Growth Fund SGD","IE00B19Z3B42.SGD":"Legg Mason ClearBridge - Value A Acc SGD","BK4535":"淡马锡持仓","SGXZ81514606.USD":"大华环球创新基金A Acc USD","SGXZ51526630.SGD":"大华环球创新基金A Acc SGD","BK4077":"互动媒体与服务","RC":"Ready Capital Corp","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0310799852.SGD":"FTIF - Templeton Global Equity Income A MDIS SGD","BK4526":"热门中概股","LU1489326972.SGD":"First Eagle Amundi International AHS-MD SGD-H","BK4505":"高瓴资本持仓","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","BK4504":"桥水持仓"},"translate_title":"看锂：到2040年，去年开采的锂只能满足一个月的需求","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RC":1,"BMI":1,"BGNE":0.9,"META":0.63},"content_text":"Link copied to clipboard\nWe need more than twenty times the amount of lithium mined last year to meet demand\nRagusa receives new NT tenement grant \nWinsome begins drilling at the Cancet and Adina Lithium Projects in Quebec, Canada\n\nAll your lithium news, Friday October 14. \nAccording to the latest data out of Benchmark Mineral Intelligence (BMI), the world needs more than twenty times the amount of lithium mined last year to meet demand by 2050.\nThis means annual production of 11.2 million tonnes LCE will be needed by 2050 with energy storage making up two-thirds of battery demand by that date, the price reporting agency highlights.\n“The long term path for lithium is set, yet the supply chain scaling challenge has just begun,” Simon Moores, chief executive of Benchmark, says.\n“What this data shows is that we are at just the beginning of a generational challenge, not one that’s going to be solved in the 2020s.”\nBy 2040, all of the lithium mined last year will only meet one month’s demand, even with the supply from recycled batteries.\nPic: Benchmark Mineral Intelligence\n“Lithium miners and refiners not only have to sensitively scale their supply base within the economics of today and near-term future,” Moores said.\n“But they also attempt to plan for a world lithium ion economy that is an order of magnitude bigger than today.”\nHere’s how ASX lithium stocks are tracking:\nCODE COMPANY PRICE % TODAY % WEEK % MONTH % YEAR MARKET CAP TSC Twenty Seven Co. Ltd 0.0025 25% 25% 25% -29% $10,643,256 CZL Cons Zinc Ltd 0.028 17% 40% 17% 17% $11,110,115 SHH Shree Minerals Ltd 0.009 13% 0% 6% -10% $9,907,895 MTM Mtmongerresources 0.125 9% 0% -14% -22% $4,313,654 BNR Bulletin Res Ltd 0.13 8% 4% -16% 88% $35,110,932 EFE Eastern Resources 0.042 8% 0% 50% 20% $40,839,843 IR1 Irismetals 1.665 6% -14% -19% 505% $98,799,750 AML Aeon Metals Ltd. 0.028 6% -3% -13% -49% $28,975,915 KGD Kula Gold Limited 0.039 5% 11% 95% -20% $12,439,841 WCN White Cliff Min Ltd 0.02 5% -5% -17% 67% $14,204,464 NVA Nova Minerals Ltd 0.65 5% -7% -28% -64% $113,869,991 GL1 Globallith 2.41 5% 2% 0% 534% $365,005,989 1MC Morella Corporation 0.022 5% -4% -21% -65% $121,832,672 PGD Peregrine Gold 0.585 4% -3% -13% 63% $21,684,071 GT1 Greentechnology 0.76 4% -3% -8% 0% $139,239,027 MMG Monger Gold Ltd 0.38 4% -5% -23% 46% $14,614,600 TUL Tulla Resources 0.4575 4% -6% -11% -9% $70,495,424 INF Infinity Lithium 0.1975 4% 7% 7% 58% $79,042,483 LTR Liontown Resources 1.5775 4% -2% -11% 13% $3,338,581,732 JRL Jindalee Resources 2.28 4% 1% -10% 10% $126,233,725 KAI Kairos Minerals Ltd 0.029 4% -19% -12% -3% $54,994,618 AM7 Arcadia Minerals 0.305 3% 2% 17% 61% $13,775,878 STM Sunstone Metals Ltd 0.032 3% -6% -24% -27% $80,489,839 QPM Queensland Pacific 0.165 3% 14% 3% -33% $251,474,101 WC8 Wildcat Resources 0.034 3% -3% -6% -21% $21,508,500 LNR Lanthanein Resources 0.036 3% -16% -33% 100% $33,698,895 AZL Arizona Lithium Ltd 0.077 3% -5% -23% 83% $180,744,417 AKE Allkem Limited 14.285 3% 0% -11% 69% $8,876,200,557 QXR Qx Resources Limited 0.083 2% 9% 159% 453% $71,430,848 IMI Infinitymining 0.215 2% -7% 5% 0% $13,254,938 MXR Maximus Resources 0.045 2% -10% -10% -44% $14,031,854 LLL Leolithiumlimited 0.5925 2% -4% -12% 0% $572,261,009 PSC Prospect Res Ltd 0.097 2% 2% 2% 361% $43,914,649 RGL Riversgold 0.05 2% 28% 32% 130% $38,038,751 LIT Lithium Australia 0.054 2% -5% -11% -51% $64,641,090 PLL Piedmont Lithium Inc 0.825 2% -4% -9% 4% $427,332,348 WES Wesfarmers Limited 44.92 2% 0% -7% -14% $50,013,693,075 MIN Mineral Resources. 70.3 2% -4% -5% 66% $13,113,818,730 LRD Lordresourceslimited 0.3 2% 7% 7% 0% $9,818,963 CRR Critical Resources 0.061 2% -6% -8% 126% $89,411,259 ZNC Zenith Minerals Ltd 0.315 2% 2% 3% 34% $106,876,306 AGY Argosy Minerals Ltd 0.4775 2% -5% -9% 151% $647,556,762 WR1 Winsome Resources 0.345 1% -5% 3% 0% $45,938,758 AAJ Aruma Resources Ltd 0.07 1% -4% 3% -13% $10,830,344 MNS Magnis Energy Tech 0.35 1% -9% -29% 13% $334,764,362 RIO Rio Tinto Limited 97.01 1% -1% 0% -2% $35,503,118,707 GW1 Greenwing Resources 0.37 1% -8% 32% 30% $46,064,994 LKE Lake Resources 0.9925 1% -3% -22% 80% $1,362,174,235 AUN Aurumin 0.083 1% -12% -28% -59% $10,275,185 SYA Sayona Mining Ltd 0.2225 1% -9% -37% 48% $1,828,310,677 PNN Power Minerals Ltd 0.45 1% -9% -31% 23% $32,109,880 ESS Essential Metals Ltd 0.505 1% 2% -5% 237% $124,181,341 LPI Lithium Pwr Int Ltd 0.54 1% -8% -26% 64% $209,292,602 RAS Ragusa Minerals Ltd 0.2875 1% -10% 13% 174% $37,338,599 CAI Calidus Resources 0.3575 1% -36% -41% -42% $155,412,505 CXO Core Lithium 1.1425 1% -2% -31% 141% $2,082,180,996 DRE Dreadnought Resources Ltd 0.0945 1% -10% -18% 155% $285,998,154 VUL Vulcan Energy 6.5 0% -15% -26% -44% $927,379,397 GLN Galan Lithium Ltd 1.195 0% -1% -19% 14% $362,438,158 ADV Ardiden Ltd 0.007 0% 8% -13% -36% $18,678,347 ASN Anson Resources Ltd 0.28 0% -8% -33% 222% $328,939,493 AVZ AVZ Minerals Ltd 0.78 0% 0% 0% 156% $2,752,409,203 EMH European Metals Hldg 0.69 0% -2% -20% -50% $82,585,884 LPD Lepidico Ltd 0.019 0% -20% -38% -20% $125,061,633 RLC Reedy Lagoon Corp. 0.014 0% 0% -13% -33% $7,803,977 TKL Traka Resources 0.007 0% 0% 0% -50% $4,821,422 BMM Balkanminingandmin 0.27 0% -16% 1% -62% $11,612,904 ARN Aldoro Resources 0.225 0% 7% -12% -44% $22,407,146 CHR Charger Metals 0.48 0% -1% -17% -2% $20,930,897 AX8 Accelerate Resources 0.034 0% -6% -17% -19% $9,195,603 BYH Bryah Resources Ltd 0.025 0% -4% -11% -49% $6,981,337 DTM Dart Mining NL 0.078 0% -3% -26% -32% $12,075,192 FG1 Flynngold 0.11 0% 0% 5% -33% $7,046,716 FRS Forrestaniaresources 0.2 0% 16% -20% -43% $8,562,261 RAG Ragnar Metals Ltd 0.028 0% 8% -28% -33% $10,617,177 TMB Tambourahmetals 0.145 0% -9% -3% -26% $5,972,927 TEM Tempest Minerals 0.032 0% -6% -16% 68% $16,152,518 WML Woomera Mining Ltd 0.015 0% -35% 0% -26% $10,302,496 LRS Latin Resources Ltd 0.099 0% -10% -14% 141% $195,127,443 SCN Scorpion Minerals 0.07 0% -4% -16% 25% $23,359,433 AZI Altamin Limited 0.08 0% -2% -11% 1% $31,337,340 ENT Enterprise Metals 0.011 0% 10% 10% -21% $7,182,788 AVW Avira Resources Ltd 0.0035 0% 17% -13% -42% $7,415,765 RMX Red Mount Min Ltd 0.006 0% 0% 0% -33% $9,854,183 MRR Minrex Resources Ltd 0.055 0% 6% 0% 206% $59,576,877 A8G Australasian Metals 0.28 0% -7% -7% -40% $11,527,738 MQR Marquee Resource Ltd 0.057 0% -8% -26% -16% $18,104,202 SRZ Stellar Resources 0.013 0% 0% -13% -57% $13,060,202 NWM Norwest Minerals 0.029 0% -29% -48% -68% $6,441,114 AOA Ausmon Resorces 0.007 0% -13% -13% 0% $6,001,025 VKA Viking Mines Ltd 0.007 0% 0% -13% -61% $7,176,809 IPT Impact Minerals 0.007 0% 0% 0% -48% $17,369,594 SRI Sipa Resources Ltd 0.046 0% 5% 2% -16% $9,431,141 VMC Venus Metals Cor Ltd 0.135 0% -7% -22% -25% $21,610,622 G88 Golden Mile Res Ltd 0.026 0% -7% -24% -46% $5,319,334 EPM Eclipse Metals 0.021 0% -5% -9% -54% $42,509,394 EVR Ev Resources Ltd 0.025 0% -7% -17% -19% $23,149,602 THR Thor Mining PLC 0.009 0% 0% -18% -50% $9,916,186 MM1 Midasmineralsltd 0.19 0% 0% -10% 0% $10,855,035 M2R Miramar 0.099 0% -1% -18% -49% $6,354,480 XTC Xantippe Res Ltd 0.008 0% 0% 0% 220% $65,161,839 WMC Wiluna Mining Corp 0.205 0% 0% 0% -77% $74,238,031 ZEO Zeotech Limited 0.039 0% -3% -19% -56% $62,966,781 DAF Discovery Alaska Ltd 0.035 0% -46% -53% -19% $7,848,214 FTL Firetail Resources 0.2 0% -5% -17% 0% $12,356,500 DAL Dalaroometalsltd 0.135 0% 4% 4% -44% $4,033,125 TKM Trek Metals Ltd 0.067 0% 26% -8% -54% $20,810,880 LEL Lithenergy 1.12 0% -3% -7% 91% $67,668,750 NMT Neometals Ltd 1.025 0% -8% -33% 19% $568,916,903 IGO IGO Limited 15.28 -1% 1% 2% 76% $11,646,778,964 RDT Red Dirt Metals Ltd 0.59 -1% -2% -16% -29% $197,537,515 LIS Lisenergylimited 0.505 -1% -4% -19% -76% $84,616,235 CY5 Cygnus Gold Limited 0.49 -1% 32% 63% 326% $72,856,731 EUR European Lithium Ltd 0.078 -1% 0% -21% -12% $110,618,895 AS2 Askarimetalslimited 0.385 -1% -4% -8% 88% $17,736,858 PAM Pan Asia Metals 0.375 -1% -5% -18% -16% $55,805,124 KTA Krakatoa Resources 0.058 -2% -22% -5% -8% $20,337,885 MLS Metals Australia 0.045 -2% 2% -18% 13% $27,923,665 GSM Golden State Mining 0.041 -2% 5% -18% -68% $4,914,597 TYX Tyranna Res Ltd 0.04 -2% -11% -22% 515% $98,355,938 KZR Kalamazoo Resources 0.185 -3% -8% -29% -46% $28,275,681 OCN Oceanalithiumlimited 0.485 -3% -8% -35% 0% $16,762,500 AOU Auroch Minerals Ltd 0.061 -3% -5% 0% -64% $23,380,043 ALY Alchemy Resource Ltd 0.026 -4% -21% 24% 104% $25,733,059 EMS Eastern Metals 0.125 -4% -19% -4% 0% $5,025,313 INR Ioneer Ltd 0.5275 -4% -21% -25% -11% $1,153,973,742 TON Triton Min Ltd 0.023 -4% -4% -26% -34% $33,186,820 PLS Pilbara Min Ltd 4.695 -5% -13% -1% 140% $14,744,591,527 LSR Lodestar Minerals 0.0055 -8% -8% -31% -45% $10,430,624 MMC Mitremining 0.16 -9% 0% -11% -29% $4,739,893 LRV Larvottoresources 0.22 -12% 7% -8% 0% $10,383,125 \n57 lithium companies finished in the green, 52 fell flat, and 22 tumbled into red territory.\nWho’s got news out?\nRAGUSA MINERALS (ASX:RAS)\nThe Northern Territory’s Mineral Titles Office has granted Ragusa the EL33148 tenement for a period of six years.\nPart of the wider NT Lithium Project, the company says it plans to rapidly accelerate development within the proven lithium district as drilling operations continue.\nA lithium exploration program is now underway ahead of submission to the Mining Management Plan for Exploration – seeking approval to conduct drilling works in the newly granted tenement area.\nRAS will also engage with key stakeholders and seek approval prior to conducting exploration works, which will set out to target lithium bearing pegmatite rocks using a combination of geological mapping, geochemical sampling, and reconnaissance drilling.\nWINSOME RESOURCES (ASX:WR1)\nTwo drilling campaign are underway at Winsome’s Cancet and Adina Lithium Projects in Quebec, Canada.\nAt Cancet a heli-portable reverse circulation (RC) rig has mobilised set to target an estimated 3,500m across 20 new pegmatites.\nThe estimated six-week program will also drill targets where gravity anomalies have been identified, as well as confirm mineralisation extensions to the main dyke following recent stripping and channel sampling.\nA 5,000m drilling program is also underway at the Adina Project where exploration is focusing on infill holes across previously identified mineralisation, as well as testing new mineralisation following rock chip sample assay results.\nDrilling will also investigate gravity anomalies at Adina, which have the potential to reveal under cover extensions to the known pegmatites.\nBULLETIN RESOURCES (ASX:BNR)\nThe company continues to receive enquiries regarding Aldoro’s (ASX:ARN) recent mineral resource estimate at the Niobe Rubidium-Lithium Project, which completely surrounds BNR’s Mt Farmer tenement application.\nBulletin’s tenement application (E59/2413) has more than 5km strike of the potential greenstone host to the Rubidium bearing pegmatite unit.\nBNR says it originally applied for E59/2413 for its gold and tantalum potential and the tenement application is progressing through the DMIRS tenement grant process.\nJINDALEE RESOURCES (ASX:JRL) \nPositive results have been received from alkali salt roasting of McDermitt ore in Oregon, USA.\nLithium phosphate (Li3PO4) assaying 58,880 ppm (5.89%) Li has been produced from roasting and sequential leaching of a composite sample of McDermitt ore assaying 1,460 ppm Li.\nLithium phosphate has been shown to be a potential precursor chemical for production of Lithium Iron Phosphate (LFP) batteries.\nLFP batteries currently comprise 25% of the Li-ion battery market and are expected to grow to 40% by 2030 due to improved battery configurations increasing range performance.\nWhilst the company has not committed to a particular processing route, JRL says it is delighted with the results from the initial alkali salt roasting test-work, which suggest a viable alternative processing route to sulphuric acid leaching.\nTest-work to develop the most cost effective and energy efficient flow sheet for McDermitt is continuing, with further results to be announced when received.\n\n Explore More   Investor Guide: Battery Metals FY2023  Read MoreLithiumLink copied to clipboard\n\n\n\n\n\n\n\nSUBSCRIBEGet the latest Stockhead news delivered free to your inbox. \n\n\n\n\"*\" indicates required fields\n\nName* Email*\n\nHiddenEmail Lists\n\nMorning Update\n\n\nLunch Update\n\n\nMarket Close Update\n\n\nWeekend Update\n\n  \n\n\n\n\n\n\n\n\n\n\n\n\t\t\t\t\t\t\t\t\t\tIt's free. Unsubscribe whenever you want.\n\t\t\t\t\t\t\t\t\t\n\n\n\nRead our privacy policy\n\n\n\n\n Featured Companies  ASX: WR1 Winsome Resources   ASX: RAS Ragusa Minerals   ASX: BNR Bulletin Resources   ASX: JRL Jindalee Resources    You might be interested in       Mining Eye on Lithium: Honda to build new EV battery plant, aims for 100% EVs and fuel cell vehicles by 2040   October 13, 2022   |        Jessica Cummins         Mining Eye on Lithium: These producers are building lithium resources to feed the global EV beast   October 5, 2022   |        Jessica Cummins         Mining Eye on Lithium: EV revolution a reality for Aussie Ute enthusiasts   September 30, 2022   |        Jessica Cummins     \n\n\nSponsored Articles","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9980641920,"gmtCreate":1665723041261,"gmtModify":1676537655636,"author":{"id":"3560776526093631","authorId":"3560776526093631","name":"tk1799","avatar":"https://community-static.tradeup.com/news/103e03b9fecea837dc1f9d25713614ee","vip":1,"crmLevel":7,"crmLevelSwitch":0,"idStr":"3560776526093631","authorIdStr":"3560776526093631"},"htmlText":"N then the environmentalist will lament that crude oil is better for the climate!&nbsp;[Facepalm]&nbsp;","listText":"N then the environmentalist will lament that crude oil is better for the climate!&nbsp;[Facepalm]&nbsp;","text":"N then the environmentalist will lament that crude oil is better for the climate! [Facepalm]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9980641920","repostId":2275600718,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":3,"commentSize":1,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}