Author

admin

Browsing

The lithium market faced continued pressure in Q1 2025 as oversupply and weaker-than-expected demand pushed prices to a four-year low, with the lithium carbonate CIF North Asia price dipping below US$9,550 per metric ton.

The broad market decline led many analysts to speculate that the market had bottomed and a rebound was imminent. This was further supported by production cuts in China and Australia aimed at stabilizing supply.

Despite near-term challenges, long-term prospects remain strong, highlighted by Rio Tinto’s (ASX:RIO,NYSE:RIO,LSE:RIO) AU$6.7 billion acquisition of Arcadium Lithium, the company formed by the merger of Allkem and Livent.

The major is also reportedly in talks to develop the Roche Dure lithium deposit in the Democratic Republic of Congo.

Long term electric vehicle (EV) market growth and a projected draw down in excess supply has prompted Benchmark Intelligence researchers to forecast a 12 percent compound annual growth rate for the lithium market over the next 10 years.

All lithium stocks listed had market caps above $20 million in their respective currencies when data was gathered. Data for Canadian stocks was collected on March 25, 2025, data for Australian stocks was gathered on March 27, 2025, and data for US stocks was gathered on March 31, 2025.

Top Canadian lithium stocks

1. Power Metals (TSXV:PWM)

Company Profile

Year-to-date gain: 163.04 percent
Market cap: C$196.57 million
Share price: C$1.21

Exploration company Power Metals holds a portfolio of diversified assets in Ontario and Québec, Canada. The company’s flagship Case Lake project in Ontario hosts spodumene-bearing lithium-cesium-tantalum pegmatites.

In November 2024, Power Metals identified a new pegmatite zone at Case Lake through soil sampling. The samples from the zone, located north-northwest of its West Joe prospect, revealed anomalous levels of cesium, tantalum, lithium and rubidium, which the company said ‘affirmed prospective drill targets’ for its winter exploration program.

On February 10, Power Metals announced the beginning of work associated with the maiden mineral resource estimate and preliminary economic assessment for Case Lake, which it expected to release in Q1 and Q2 of 2025 respectively.

Days later, on February 14, the company followed that announcement by releasing the final assays from its Phase 3 drilling at Case Lake, including “exceptional cesium oxide and tantalum intercepts” from the West Joe prospect. Power Metals stated it planned to begin its 2025 Phase 1 drilling sometime after early March.

The company’s share price rose in the weeks following the pair of announcements to reach a Q1 high of C$1.46 on February 25.

2. NOA Lithium Brines (TSXV:NOAL)

Company Profile

Year-to-date gain: 41.18 percent
Market cap: C$46.99 million
Share price: C$0.36

NOA is a lithium exploration and development company with three projects in Argentina’s Lithium Triangle region. The company’s flagship Rio Grande project and prospective Arizaro and Salinas Grandes land packages total more than 140,000 hectares.

In late January, NOA reported its completion of 28 vertical electrical sounding geophysics tests at the Rio Grande project as part of its 2025 exploration program.

The recent testing expands on past studies and will aid NOA’s water exploration program, refining one of three identified potential water sources.

In a subsequent corporate update on February 7, NOA outlined its plans for Q1 2025, which largely focused on the advancement of the Rio Grande project through geophysical evaluation and water exploration drilling. The company also plans to review engineering proposals for preliminary economic assessment work.

The company’s share price began climbing in early February and reached a Q1 high of C$0.37 on March 13.

The high came days after a Simply Wall Street report highlighted insider buying at the company, a signal of strong internal confidence.

According to the report, NOA insiders invested C$862,600 over the prior six months, with C$358,000 of that coming in a single transaction by CEO and Director Gabriel Rubacha. Additionally, they had not sold any shares in the prior 12 months.

3. Frontier Lithium (TSXV:FL)

Press ReleasesCompany Profile

Year-to-date gain: 35.56 percent
Market cap: C$141.38 million
Share price: C$0.61

Pre-production mining company Frontier Lithium aims to be a strategic and integrated supplier of premium spodumene concentrates as well as battery-grade lithium salts in North America.

The Company’s flagship PAK lithium project, which is a joint venture with Mitsubishi (TSE:8058), holds the “largest land position and resource” in a premium lithium mineral district located in the Great Lakes region of Ontario, Canada. Frontier also owns the Spark deposit, located northwest of the PAK project.

Shares of Frontier Lithium reached a Q1 high of C$0.79 on March 4. After already trending upwards through February, its share price peaked alongside news that the Government of Canada and the Ontario Government supported the company’s plans to build a critical minerals refinery in Northern Ontario.

Once complete the proposed lithium conversion facility will process lithium from PAK into around 20,000 metric tons (MT) of lithium salts per year. “This expected capacity would support the production of batteries for approximately 500,000 electric vehicles per year,” Frontier’s statement reads.

Top Australian lithium stocks

1. Tyranna Resources (ASX:TYX)

Company Profile

Year-to-date gain: 40 percent
Market cap: AU$23.02 million
Share price: AU$0.007

Africa-focused explorer Tyranna Resources is currently focused on its flagship Muvero lithium project in Angola.

In a January 30 update, Tyranna reported it completed a drill program totalling 11 diamond drill holes spanning 817 meters. Initial results from drilling at the Muvero and Loop prospects confirmed visible spodumene-bearing pegmatite. Additionally, core from the Muvero prospect will be used for metallurgical testing and structural data.

The company is also pursuing and evaluating additional projects that align with its strategy of focusing on in-demand metals, and had applied for one licence at that time.

Shares of Tyranna reached a quarterly high of AU$0.007 several times over the three month period.

2. Liontown Resources (LTR:AU)

Company Profile

Year-to-date gain: 24.53 percent
Market cap: AU$1.58 billion
Share price: AU$0.66

Liontown Resources has two assets in Western Australia, including the producing Kathleen Valley mine, which entered production during the second half of 2024 and transitioned to commercial production in January 2025.

The company’s Buldania project in the Eastern Goldfields Province of Western Australia has an initial mineral resource of 15 million MT at 1.0 percent lithium oxide.

In its fiscal H1 2025 financial update, Liontown reported that over 100,000 wet metric tons of spodumene concentrate had been shipped from Kathleen Valley between July and the end of December.

Liontown’s shares rose to a Q1 high of AU$0.735 on March 19, 2025, shortly after the release of the half year results.

3. Delta Lithium (ASX:DLI)

Year-to-date gain: 9.09 percent
Market cap: AU$125.39 million
Share price: AU$0.18

Delta Lithium is a diversified exploration and development company focused on discovering high quality, lithium bearing pegmatite deposits in Western Australia.

Currently, Delta is developing the Mount Ida gold and lithium project, which reportedly has a JORC-compliant resource of 14.6 million MT grading 1.2 percent. Additionally, the company is exploring its Yinnetharra lithium project, including the Malinda deposit, in the Upper Gascoyne Region.

Company shares registered a Q1 high of AU$0.20 on January 14.

On January 21, Delta released an exploration update for Yinnetharra that highlighted drilling and metallurgical results from the M1 pegmatite at the Malinda deposit.

“The program has realised highly positive metallurgical results, with pilot plant spodumene recoveries exceeding our Internal financial modelling and proving the whole-of-ore flotation flowsheet as suitable for the M1 mineralogy,” Managing Director James Croser said.

In a subsequent financial statement, Delta noted the submission of the mining lease application for the Malinda mining area and the commencement of Native Title negotiations. The company is also advancing its environmental permitting process at Malinda.

Top US Lithium Stocks

1. SQM (NYSE:SQM)

Company Profile

Year-to-date gain: 9.29 percent
Market cap: AU$11.36 billion
Share price: US$40.23

SQM is one of the world’s largest lithium producers with projects in South America and China, outputting both lithium carbonate and hydroxide.

In 2024, SQM produced approximately 210,000 MT of lithium, with about 180,000 MT sourced from its chemical plant in northern Chile and an additional 30,000 MT processed in China.

The lithium major also saw lithium sales increase 21 percent year-over-year to nearly 205,000 MT of lithium carbonate equivalent (LCE).

“However, the increase in volume was not enough to offset the continuous decline in prices, a trend we have been observing since early 2023,” the 2024 earnings report noted. “As a result, our average realized price dropped by more than 64 percent, from US$30,467 per ton in 2023 to US$10,936 per ton in 2024.”

Shares of SQM reached a Q1 high of US$45.61 on March 17, 2025.

In late February, SQM’s US$7 million investment in Andrada Mining’s (LSE:ATM,OTCQB:ATMTF)Lithium Ridge project received final approval from the Namibian government. The deal will see SQM obtain a 30 percent stake in the project with an option to increase to 50 percent.

FAQs for investing in lithium

How much lithium is on Earth?

While we don’t know how much total lithium is on Earth, the US Geological Survey estimates that global reserves of lithium stand at 22 billion metric tons. Of that, 9.2 billion MT are located in Chile, and 5.7 billion MT are in Australia.

Where is lithium mined?

Lithium is mined throughout the world, but the two countries that produce the most are Australia and Chile. Australia’s lithium comes from primarily hard-rock deposits, while Chile’s comes from lithium brines. Chile is part of the Lithium Triangle alongside Argentina and Bolivia, although those two countries have a lower annual output.

Rounding out the top five lithium-producing countries behind Australia and Chile are China, Argentina and Brazil.

What is lithium used for?

Lithium has many uses, including the lithium-ion batteries that power electric vehicles, smartphones and other tech, as well as pharmaceuticals, ceramics, grease, lubricants and heat-resistant glass. Still, it is largely the electric vehicle industry that is boosting demand.

How to invest in lithium?

Those looking to get into the lithium market have many options when it comes to how to invest in lithium.

Lithium stocks like those mentioned above could be a good option for investors interested in the space. If you’re looking to diversify instead of focusing on one stock, there is the Global X Lithium & Battery Tech ETF (NYSE:LIT), an exchange-traded fund (ETF) focused on the metal. Experienced investors can also look at lithium futures.

Unlike many commodities, investors cannot physically hold lithium due to its dangerous properties.

How to buy lithium stocks?

Through the use of a broker or an investing service such as an app, investors can purchase lithium stocks and ETFs that match their investing outlook.

Before buying a lithium stock, potential investors should take time to research the companies they’re considering; they should also decide how many shares will be purchased, and what price they are willing to pay. With many options on the market, it’s critical to complete due diligence before making any investment decisions.

It’s also important for investors to keep their goals in mind when choosing their investing method. There are many factors to consider when choosing a broker, as well as when looking at investing apps — a few of these include the broker or app’s reputation, their fee structure and investment style.

Securities Disclosure: I, Georgia Williams, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Galan Lithium (ASX:GLN) has rejected a US$150 million (AU$240 million) cash bid from China’s Zhejiang Huayou Cobalt Co and France’s Renault Group to acquire its Hombre Muerto West and Candelas lithium brine projects in Argentina, The West Australian reports.

Described as unsolicited, conditional, and non-binding, the offer from battery materials giant Zhejiang Huayou and EV manufacturer Renault was deemed “opportunistic” and “undervalued,” the report noted.

Galan and its advisors refused the offer, asserting confidence in the long-term value of its flagship Hombre Muerto West project, which is nearing production of 5,400 tonnes per annum (tpa) of lithium carbonate equivalent. They believe the project holds greater potential to deliver superior returns for shareholders.

Read the full study here.

Click here to connect with Galan Lithium (ASX:GLN) for an Investor Presentation

This post appeared first on investingnews.com

Jim Thorne, chief market strategist at Wellington-Altus, discusses which assets investors should focus on in today’s tumultuous environment.

He sees promise in gold and silver, as well as Bitcoin and the artificial intelligence sector.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

One of the largest rounds of conscription to Russia’s military for several years is underway, as President Vladimir Putin pushes ahead with an expansion of the country’s military at a crucial moment in the war in Ukraine.

Putin signed a decree authorizing the latest phase of the country’s twice-yearly conscription effort, with the new window beginning Tuesday and running until July 15.

It will see 160,000 men between 18 and 30 join Russia’s armed forces – an increase of 10,000 on last year’s spring drive, and a rise of more than 15,000 compared to three years ago, according to Russian state media outlet TASS.

The conscription push is not new, and TASS reported that the rise is caused by Putin’s efforts to increase the size of Russia’s military as a whole; the country had 1 million military personnel three years ago, but now has around 1.5 million.

But the new push also comes at a vital crossroads in Russia’s war in Ukraine. Moscow has been relying on assistance from North Korean soldiers to push back Kyiv’s advances in the Kursk region of Russia, and has been steadily advancing on the ground in eastern Ukraine, while the US attempts to broker talks that would end the conflict.

Russian law prohibits sending conscripts drafted for mandatory service to active combat zones without proper training. While the official stance is that conscripts are not sent to Ukraine, reports have surfaced of conscripts being pressured or misled into signing contracts that result in their deployment to the front lines in Ukraine. Others found themselves under attack when Kyiv launched its surprise incursion into Russia’s Kursk region in August 2024.

Russian troops have continued sustained attacks in the Pokrovsk area of Donetsk in recent weeks, and have launched aerial assaults against Ukrainian cities, even while discussions with the US continue.

Senior Russian negotiator Kirill Dmitriev is meanwhile expected to visit Washington this week to meet with top Trump official Steve Witkoff for talks on strengthening relations between the two countries as they seek to end the war in Ukraine, according to a US official and two sources familiar with the plans.

His visit will mark the first time a senior Russian official has visited Washington, DC, for talks since Russia invaded Ukraine in 2022 and marks a further step in the marked warming in relations between the two countries since President Donald Trump returned to office in January.

Trump acknowledged in an interview with Newsmax last week that Russia may be “dragging their feet.”

Putin not only rejected Trump’s recent call for an immediate ceasefire in Ukraine but also added conditions – including the lifting of US sanctions – for a ceasefire on fighting in the Black Sea after last week’s latest negotiations wrapped up and the moratorium had been announced by the White House.

This post appeared first on cnn.com

Myanmar’s ruling military government has announced a temporary ceasefire in operations against armed opposition groups to aid recovery efforts following Friday’s devastating earthquake.

The truce will run from April 2 to April 22, state-run MRTV said on Wednesday.

More than 2,700 people have died in Myanmar following Friday’s quake, the government says. Hundreds more remain missing, meaning the death toll is expected to rise.

The country has also been embroiled in civil war for four years sparked by a bloody and economically destructive military coup, which has seen junta forces battle rebel groups across the country.

The coup and ensuing conflict has battered its health infrastructure, leaving it ill-equipped to deal with major natural disasters.

Swathes of the country lie outside the control of the military junta and are a run by a patchwork of ethnic rebels and militias, making compiling reliable information extremely difficult.

MRTV also reported Wednesday that chairman of the State Administration Council (SAC) Min Aung Hlaing will attend a regional summit in Thailand on April 3-4 to discuss the respinse to the earthquake.

This is a developing story and will be updated.

This post appeared first on cnn.com

The president of the Democratic Republic of Congo (DRC) has commuted the death sentences of three Americans convicted of attempting a coup to life imprisonment, days before US government officials are due to visit the central African country.

The Americans, Marcel Malanga, Tyler Thompson Jr., and Benjamin Reuben Zalman-Polun were among 37 people handed death sentences by a military court in September following last year’s failed coup attempt led by Malanga’s father, Christian.

The putschists had targeted the country’s presidential palace and the residence of Congolese politician Vital Kamerhe in an attempt to overthrow the government in May 2024.

At least six people, including Christian Malanga, an opposition politician who livestreamed the coup attempt, were killed in a gun battle with presidential guards.

Salama said the clemency decision was not made to placate the US, with whom the DRC has sought a minerals-for-security partnership. It comes as war rages in the country’s resource-rich eastern region between government forces and a Rwanda-backed rebel group.

“We have no deal with the Americans at this stage on any American intervention,” Salama said.

The new US Senior Adviser for Africa Massad Boulos and Deputy Assistant Secretary of State for African Affairs Corina Sanders will travel to the DRC Thursday, the State Department announced this week.

The officials aim to ”advance efforts for durable peace in eastern Democratic Republic of the Congo and to promote US private sector investment in the region,” it noted. They also plan to visit neighboring Rwanda, Uganda and Kenya.

This post appeared first on cnn.com

A serial rapist who was convicted of raping 10 women in the United Kingdom and China last month also attacked dozens more victims before he was arrested, police said on Wednesday.

London’s Metropolitan Police Service said that 23 women came forward with new accusations against Zhenhao Zou following an appeal to trace other potential victims of the man described by the police as a “dangerous and prolific sexual predator.”

Zou, 28, was found guilty in March of 11 counts of rape, one count of false imprisonment, three counts of voyeurism and a number of other offenses, including the possession of extreme pornographic images and the possession of a controlled drug with intent to commit a sexual offense.

Investigators said that evidence, including videos found on Zou’s devices, suggested there may be more than 50 other survivors who have not yet been identified.

Some of the women who contacted the police with new accusations against Zou are in the UK, some are in China, and some in other parts of the world, the police said on Wednesday.

Zou, who is originally from Dongguan in China, has lived in various parts of the world, including China, Belfast in Northern Ireland, and London.

The Metropolitan Police force has appealed for survivors and potential witnesses to contact officers through a secure portal.

The police and prosecutors said Zou, who also went by the name Pakho online, used WeChat and dating apps to meet other students of Chinese heritage. He would invite them for drinks, drug them and then assault them in his apartments in London and in China.

Prosecutors said many of his victims were “unconscious and rendered defenceless” by the drugs he had given them. He secretly filmed some of his attacks using a mobile device and hidden cameras, according to the UK’s Crown Prosecution Service. The police said he also took items from his victims, such as jewelry and clothing.

The police said Zou “manipulated and drugged women in order to prey on them in the most cowardly way.”

A PhD student at University College London, Zou was arrested in January 2024 after one of his victims reported him to the police.

Prosecutors said last month that the “courageous women who came forward to report Zhenhao Zou’s heinous crimes” have been “incredibly strong and brave” and that there was “no doubt” that their evidence led to his convictions.

Zou will be sentenced later this year, according to the police.

This post appeared first on cnn.com

Former Costa Rican President and Nobel Peace Prize laureate Óscar Arias says he has had his visa to enter the United States revoked.

Arias, 84, said he doesn’t know why his visa was canceled but accepts that the US has the right to make such a decision.

Miguel Guillén, the secretary general of Arias’ National Liberation Party, said the former president had received an email notifying him of the move.

“I don’t know if the revoking of my visa is the product of some sort of retaliation, because I say what I think (and) write what I say,” Arias told a press conference Tuesday.

In recent weeks, Arias had posted messages on social media that were critical of US President Donald Trump and his policies.

In one post, he compared Trump to “a Roman emperor” who tells other nations what to do. In another, he accused Trump and Vice President JD Vance of insulting and threatening Ukrainian President Volodymyr Zelensky during a heated White House meeting in February.

“If someone wants to use a reprisal to silence me, well obviously they’re not going to silence me,” he said Tuesday.

Arias was Costa Rica’s president between 1986 and 1990 and again between 2006 and 2010.

He won the Nobel Peace Prize in 1987 for his role in negotiating an end to the Central American conflicts of the 1980s.

This post appeared first on cnn.com

Danish Prime Minister Mette Frederiksen is in Greenland for a three-day trip aimed at building trust and cooperation with Greenlandic officials at a time when the Trump administration is seeking control of the vast Arctic territory.

Frederiksen announced plans for her visit after US Vice President JD Vance visited a US air base in Greenland last week and accused Denmark of underinvesting in the territory.

Greenland is a mineral-rich, strategically critical island that is becoming more accessible because of climate change. Trump has said that the landmass is critical to US security. It’s geographically part of North America, but is a semiautonomous territory belonging to the Kingdom of Denmark.

After her arrival Wednesday, Frederiksen walked the streets of the capital, Nuuk, with the incoming Greenlandic leader, Jens-Frederik Nielsen. She is also to meet with the future Naalakkersuisut, the Cabinet, in a visit due to last through Friday.

“It has my deepest respect how the Greenlandic people and the Greenlandic politicians handle the great pressure that is on Greenland,” she said in government statement announcing the visit.

On the agenda are talks with Nielsen about cooperation between Greenland and Denmark.

Nielsen has said in recent days that he welcomes the visit, and that Greenland would resist any US attempt to annex the territory.

“We must listen when others talk about us. But we must not be shaken. President Trump says the United States is ‘getting Greenland.’ Let me make this clear: The U.S. is not getting that. We don’t belong to anyone else. We decide our own future,” he wrote Sunday on Facebook.

“We must not act out of fear. We must respond with peace, dignity and unity. And it is through these values that we must clearly, clearly and calmly show the American president that Greenland is ours.”

For years, the people of Greenland, with a population of about 57,000, have been working toward eventual independence from Denmark.

The Trump administration’s threats to take control of the island one way or the other, possibly even with military force, have angered many in Greenland and Denmark. The incoming government chosen in last month’s election wants to take a slower approach on the question of eventual independence.

The political group in Greenland most sympathetic to the US president, the Naleraq party that advocates a swift path toward independence, was excluded from coalition talks to form the next government.

Peter Viggo Jakobsen, associate professor at the Danish Defense Academy, said last week that the Trump administration’s aspirations for Greenland could backfire and push the more mild parties closer to Denmark.

He said that “Trump has scared most Greenlanders away from this idea about a close relationship to the United States because they don’t trust him.”

This post appeared first on cnn.com

Hungary will withdraw from the International Criminal Court (ICC), its government said Wednesday, as the country’s Prime Minister Viktor Orban welcomed Israeli Prime Minister and ICC fugitive Benjamin Netanyahu to Budapest.

Netanyahu’s visit to Hungary marked the first time the Israeli leader stepped foot on European soil since the ICC issued an arrest warrant against him in May 2024. The court said it had “reasonable grounds” to believe Netanyahu bears criminal responsibility for war crimes including “starvation as a method of warfare” and “the crimes against humanity of murder, persecution, and other inhumane acts.”

The ICC doesn’t have its own law enforcement powers, so it relies on its member states to make arrests and transfer suspects to the Hague. As a signatory, Hungary is obliged to arrest Netanyahu.

Hungary’s State Secretary for International Communication and Relations Zoltan Kovacs said the country will begin the withdrawal process on Thursday, “in line with Hungary’s constitutional and international legal obligations.”

If it goes through with the withdrawal, Hungary will become the only European Union country not to be part of the ICC. Israel is not part of the court, alongside the United States, China, Russia, Saudi Arabia and other countries.

Arrest warrant

The International Criminal Court issued an arrest warrant for Netanyahu and the former Israeli Defense Minister Yoav Gallant over the war in Gaza last May.

The move marked the first time the ICC targeted the top leader of a close ally of the United States, putting Netanyahu in the company of the Russian President Vladimir Putin, for whom the ICC issued an arrest warrant over Moscow’s war on Ukraine, and the Libyan strongman Moammar Gadhafi, who was facing an arrest warrant from the ICC for alleged crimes against humanity at the time of his capture and killing in October 2011.

At the same time, it also issued warrants for three top leaders of Hamas: its leader in Gaza Yahya Sinwar, the leader of the Al Qassem Brigades, the group’s armed wing Mohammed Diab Ibrahim al-Masri, better known as Mohammed Deif, and Ismail Haniyeh, Hamas’ political leader. All three have been killed by Israel in the course of the war.

This is a developing story.

This post appeared first on cnn.com