CommodityCoverage
1 month ago
With key findings including lithium concentrations of 217 mg/L, EMP Metals (EMPS.c EMPPF) successfully drilled and tested the third well in the Mansur project area - this is the third well in the area to return lithium concentrations over 200 mg/L: https://x.com/StckMasterFlash/status/1882524624459591991
Highlighting the significant growth potential for EMPS, the Mansur area was not included in the Viewfield project PEA (Pre Tax: USD$1.49B NPV,ย 55% IRR, 23 year mine life, ~282,090 tonnes), emphasizing the Mansur area's standalone commercial potential for lithium production.
CommodityCoverage
1 month ago
Today, EMP Metals (EMPS.c EMPPF) announced successful drilling and testing of the third well in the Mansur project area, in southeast Saskatchewan with key findings including lithium concentrations of 217 mg/L, marking the third well in the area to return lithium concentrations over 200 mg/L: https://empmetals.com/mansur-3-test-well-returns-up-to-217-mg-l-lithium-concentrations-establishes-new-project-area/ย
Notably, the Mansur area was not included in the Viewfield project PEA (USD$1.49B NPV,ย 55% IRR, 23 year mine lifeย totaling approximately 282,090 tonnes), highlighting the significant growth potential for EMPS alongside the Mansur area's standalone commercial potential for lithium production.
CommodityCoverage
4 months ago
"Lithium demand is still strong", says Bill Baruch, founder and president of Blue Line Futures, in discussing the evolving energy and commodities markets with Kitco News. Citing GM's recent $625M investment in lithium mining, the market holds huge potential despite recent setbacks. (Source: https://x.com/KitcoNewsNOW/status/1851683383035990094)
Leading the charge with in advancing one of Canadaโs cleanest and highest-grade lithium resources, EMP Metals (EMPS.c EMPPF) is aiming to become the nationโs lowest-cost producer of battery-grade lithium having recently spud a third targeted lithium well as part of its ongoing drill program where previous lithium concentrations of 96 mg/l to 148 mg/l were reported alongside, no H2S or oilfield contaminants in the brine: https://x.com/StckMasterFlash/status/1851370961041600775
CommodityCoverage
4 months ago
Advancing one of Canadaโs highest-grade and cleanest lithium brine resources, EMP Metals (EMPS.c EMPPF) is aiming to become the nationโs lowest-cost producer of battery-grade lithium:
With the goal to reduce North America's reliance on foreign lithium sources while promoting sustainability, EMPS is utilizing Direct Lithium Extraction (DLE), an innovative, efficient, and environmentally friendly process that offers faster extraction, higher lithium recoveries, reduced freshwater usage, and a smaller land and carbon footprint.
CommodityCoverage
4 months ago
Today, EMP Metals (EMPS.c EMPPF) announced that it has spud a third targeted lithium well at its Mansur project in Saskatchewan as part of its ongoing drill program, following up on the previous two wells, which had lithium concentration results ranging from 96 mg/L to 148 mg/L: https://x.com/EMP_MetalsCorp/status/1849081094911525289
Notably, this project area has one of the highest concentration brines within Canada and is expected to have significant competitive advantages, specifically reduced capital and operating costs per ton, as compared to other North American lithium brine projects.
CommodityCoverage
4 months ago
General Motors has announced a $625 million investment in the Thacker Pass Lithium Project in Nevada, strengthening its efforts to secure a domestic supply of lithium for electric vehicle batteries.
Signaling growing demand for lithium, this move reflects the industry's confidence in the long-term potential of energy transition materials, as major players expand their lithium portfolios to meet future needs.(Source: https://www.miningweekly.com/article/gm-backs-biggest-us-lithium-project-with-625m-investment-2024-10-16)
Following recent discoveries and reports of high-grade lithium concentrations within the Duperow formation in Saskatchewan, EMP Metals (EMPS.c EMPPF) is positioned as a high-potential opportunity with the latest resutls including lithium concentrations of 157 mg/L and 139 mg/L, consistent with earlier discoveries, as well as new lithium-bearing zones testing at 72 mg/L, highlighting the potential for resource expansion: https://www.reddit.com/r/PennyStocksCanada/comments/1fut78q/why_direct_lithium_extraction_dle_could_be_the/
CommodityCoverage
4 months ago
Today, General Motors announced that it is committing $625 million to the Thacker Pass Lithium Project in Nevada as part of its efforts to secure a domestic supply of the metal crucial for electric vehicle batteries. This is a highly positive development for the industry as a whole, highlighting the growing demand for the metal and suggesting that major players in the mining industry are aggressively expanding their lithium portfolios to meet the rising demand for energy transition materials, underscoring the long-term growth potential in the sector. (Source: https://www.miningweekly.com/article/gm-backs-biggest-us-lithium-project-with-625m-investment-2024-10-16)
With lithium concentrations exceeding 2,000 mg/L, EMP Metals (EMPS.c EMPPF) has positioned itself as a high-potential opportunity, having made a range of discoveries in Saskatchewan's Duperow Formation with the latest resutls including lithium concentrations of 157 mg/L and 139 mg/L, consistent with earlier discoveries, as well as new lithium-bearing zones testing at 72 mg/L, highlighting the potential for resource expansion: https://www.reddit.com/r/PennyStocksCanada/comments/1fut78q/why_direct_lithium_extraction_dle_could_be_the/
CommodityCoverage
5 months ago
Rio Tinto's acquisition of Arcadium Lithium is a highly positive development for the lithium industry, signaling strong investor confidence and increasing value in lithium, as reflected by the premium paid for Arcadiumโs shares. Further, this suggests that major players in the mining industry are aggressively expanding their lithium portfolios to meet the rising demand for energy transition materials, underscoring the long-term growth potential in the sector.(Source: https://www.businesswire.com/news/home/20241008650501/en/Rio-Tinto-to-acquire-Arcadium-Lithium)ย ย
With a clear plan to production, EMP Metals (EMPS.c EMPPF) has emerged as a high-potential opportunity having recently made multiple discoveries and reported high-grade lithium concentrations across the Duperow formation in Saskatchewan, marking a significant derisking of its project: https://www.reddit.com/r/PennyStocksCanada/comments/1fut78q/why_direct_lithium_extraction_dle_could_be_the/
CommodityCoverage
5 months ago
Last week, EMP Metals (EMPS.c EMPPF) reported high-grade lithium concentrations across multiple zones discovered in step-out drilling located 10 kilometers north of their initial discovery well in Saskatchewan, significantly derisking the project: https://www.reddit.com/r/PennyStocksCanada/comments/1fut78q/why_direct_lithium_extraction_dle_could_be_the/
These positive lithium assay results are from well 8-24, located 10 kilometers north of their initial discovery well in Saskatchewan, marking the identification of new lithium-bearing zones and the continuity of the lithium resource across the land base with significant lithium concentrations of 157 mg/L and 139 mg/L, consistent with earlier discoveries.
CommodityCoverage
5 months ago
Despite an 87% drop in lithium prices since late 2022 due to overproduction and falling EV sales, the International Energy Agency predicts a 10-fold increase in demand by 2050. This demand surge, coupled with the long-term growth potential, presents opportunities for investors to capitalize on lithium stocks. While short-term market volatility persists, the long-term outlook for lithium remains robust, making dips in price potential buying opportunities. (Source: https://stockhouse.com/news/newswire/2024/09/30/the-long-term-forecast-for-lithium-stocks-2024)ย
This sentiment is reflected in the efforts of companies like EMP Metals (EMPS.c EMPPF), which recently secured full ownership of its lithium assets in Saskatchewan and has been a leader in the province, particularly following its successful pilot project with Koch Technology Solutions, achieving over 97% lithium recovery and 99% impurity rejection, setting a new industry benchmark. Positioned to leverage these advancements, EMPS is emerging as a key player in innovative North American lithium extraction technologies: https://www.reddit.com/r/smallstreetbets/comments/1fopva9/emp_metals_corp_empsc_emppf_is_advancing_its/
CommodityCoverage
5 months ago
'Citi Expects Lithium To Surge 20-25% In The Next 2-3 Months' on supply curtailment and physical rebalancing, with prices expected to rise from $11,000/ton to $13-14,000/ton on COMEX. (Source: https://www.tradingview.com/news/reuters.com,2024:newsml_FWN3KT0VL:0-citi-expects-lithium-to-surge-20-25-in-the-next-2-3-months-on-supply-curtailment/)
Notably, this bullish market sentiment aligns with the efforts of a range of companies, including EMP Metals (EMPS.c EMPPF) who recently secured full ownership of its Saskatchewan lithium assets and has been leading the way the province following its pilot project with Koch Technology Solutions which achieving impressive results with over 97% lithium recovery and 99% impurity rejection, setting a new industry benchmark standard.
CommodityCoverage
5 months ago
With global lithium consumption expected to exceed 3 million tonnes by 2030, the metal's supply chain is expected to face a range of challenges, such as limited high-grade deposits, extraction difficulties, and bottlenecks in battery-cell factory scaling. (Source: https://carboncredits.com/lithium-shortage-looms-meeting-the-surge-in-demand-by-2030/)
However, direct lithium extraction stands to change this due to its ability to efficiently extracts lithium from brine and EMP Metals (EMPS.c EMPPF), a Canadian lithium exploration company, stands as a unique opportunity having recently achieved over 97% lithium recovery and impurity rejection greater than 99% during its pilot project with Koch Tech Solutions: https://www.reddit.com/r/wallstreetsmallcaps/comments/1fijhav/emp_metals_corp_empsc_seizes_opportunities_amid/
CommodityCoverage
5 months ago
Global lithium stocks have surged following the closure of CATL's mine which accounts for 5% of global and 20% of Chinaโs lithium supply, disrupting the market and reduced China's lithium carbonate output by 8%. Analysts predict a potential price rebound by 2026, driven by supply-side adjustments and CATL's strategic moves to manage market pressures. (Source: https://carboncredits.com/catl-shuts-jiangxi-mine-how-will-it-affect-global-lithium-balance/)
Competitively positioned amid this opportunity, saskatchewan-based lithium exploration company, EMP Metals (EMPS.c EMPPF) has made significant advances in the industry with direct lithium extraction and its pilot project with Koch Tech solutiosn that set a new industry standard, as detailed by the COO, Paul Schubach, during his latest interview with the KE Report:
CommodityCoverage
5 months ago
Citi expects lithium prices to surge 20-25% over the next 2-3 months due to supply curtailments, physical rebalancing, and short covering with prices on COMEX potentially rising from $11,000 per ton to $13-14,000 per ton. Citi's new 6-12 month price forecast for lithium carbonate and hydroxide is $13,000 to $13,200 per ton, with SC6 forecasted at $950 per ton. (Source: https://www.tradingview.com/news/reuters.com,2024:newsml_FWN3KT0VL:0-citi-expects-lithium-to-surge-20-25-in-the-next-2-3-months-on-supply-curtailment/)ย
Leading the way in lithium brine extraction in Saskatchewan, focused on the Duperow formation, EMP Metals Corp (EMPS.c EMPPF) has emerged as a leader in DLE following its pilot project with Koch Technology Solutions achieving impressive results with over 97% lithium recovery and 99% impurity rejection: https://x.com/StckMasterFlash/status/1833986734679621974
StockInfo11
6 months ago
EMPS.c is progressing its Viewfield Lithium Brine Project in Saskatchewan, a leading mining investment destination, ranked 3rd globally and 1st in Canada. Utilizing Direct Lithium Extraction (DLE) technology, the company recently completed a successful pilot, achieving 97% lithium recovery, positioning EMPS for growth in the rapidly emerging DLE sector.
https://empmetals.com/emp-metals-announces-successful-pilot-program-with-koch-technology-solutions-and-saltworks-technologies-in-saskatchewan/
CommodityCoverage
6 months ago
With lithium prices predicted to rebound by 20-25% over the next few months according to Citi Research, largely due to supply curtailments and the ongoing rebalancing of physical markets, the lithium sector is attracting renewed attention.
Partially driven by the suspension of operations at CATL's lepidolite mines in China, which account for approximately 6% of total lithium supply and led to an 8% rise in lithium futures, this resurgence could drive further price increases through the increasing demand for lithium in global electrification efforts, particularly in the electric vehicle (EV) market.
(Source: https://cnevpost.com/2024/09/11/catl-suspends-lithium-production-in-jiangxi/)
With the current supply disruptions and heightened interest in lithium production, EMP Metals (EMPS.c EMPPF) is a prominent player in the North American DLE sector and iswell positioned to capitalize on these market dynamics. Recently, EMPS achieved a new industry benchmark in its pilot project, partnering with Koch Technology Solutions. The pilot reported lithium recovery rates of over 97% and impurity rejection rates exceeding 99%, positioning the company as a frontrunner in the DLE space: https://x.com/StckMasterFlash/status/1833986734679621974
CommodityCoverage
6 months ago
Lithium producer stocks surging off recent lows after CATL has suspended lithium production in Jiangxi due to prices falling below the company's cash cost of production.
This is expected to reduce China's monthly lithium carbonate output by 8%, potentially stabilizing the market, with analysts predicting a price rise of 11% to 23% for the remainder of 2024. (Source: https://cnevpost.com/2024/09/11/catl-suspends-lithium-production-in-jiangxi/)
While most hardrock and claystone projects still are under the benchmark for economical production, Direct Lithium Extraction technology continues to make waves into a more efficient and economical process for Lithium processing.
One such DLE company highlighted by its industry-leading results and successful pilot project with Koch Technology Solutions, EMP Metals (EMPS.c EMPPF) has made impressive progress in lithium brine extraction and is well positioned to potentially be a distinctive player in the North American Lithium and Direct Lithium Extraction sector, targeting the Duperow formation in the mining friendly jurisdiction of Saskatchewan, Canada: https://x.com/StckMasterFlash/status/1833632862723047887
CommodityCoverage
6 months ago
As part of their energy transition strategy, ExxonMobil, along with other oil giants like Occidental, Equinor, Saudi Aramco, and ADNOC, are increasingly focusing on lithium, leveraging their expertise in drilling and reservoir management to tap into lithium-rich brine, with hopes that new technologies, such as direct lithium extraction, could significantly boost efficiency and reduce environmental impact. (Source: https://www.economist.com/business/2024/06/27/why-big-oil-is-wading-into-lithium)
Boasting industry leading results and a successful pilot project with Koch, EMP Metals (EMPS.c EMPPF) has made significant strides in lithium brine extraction as of late, including setting a new industry standard benchmark for lithium concentration with lithium recovery rates of over 97% and impurity rejection rates exceeding 99%: https://www.reddit.com/r/smallstreetbets/comments/1exagl1/today_emp_metals_corp_empsc_achieves_breakthrough/