LITHIUM

This company has rights to earn a 100% interest in projects located in one of the most prolific salt flats in the Lithium Triangle.

Reedy Lagoon Corp. (ASX:RLC) continues to make strides into the burgeoning lithium sector.

Lithium Australia NL (ASX:LIT) continues to make progress in its bid to ‘close the loop’ on the energy metal cycle.

Having lined up three cornerstone lithium projects in Nevada earlier this year, ASX junior Reedy Lagoon (ASX:RLC) has kicked off drilling operations at its Columbus Salt Marsh Project.

Lithium Australia’s (ASX:LIT) SiLeach® technology is different from anything else that’s being developed in the battery materials space.

American Pacific Borate & Lithium (ASX:ABR) is racing ahead exploring for two commodities that remain crucial to the surging energy-storage market.

Having secured high-potential lithium tenements close to Tesla’s Nevada Gigafactory, American Pacific Borate & Lithium (ASX:ABR) is now working hard to develop its flagship Fort Cady Borate-Lithium Project.

This Perth-based company has assembled a blend of prospective base metal assets, including cobalt, nickel and copper, in Canada — a region with many commercial possibilities. It also possesses around US$20 million of historical data and recently acquired additional cobalt ground at its Mulligan Cobalt Project.

Lake Resources’ (ASX:LKE) Kachi Lithium Brine Project is just one of the company’s several assets in South America’s enviable ‘Lithium Triangle’ — a region in northern Argentina and Chile that is the source of half the world’s lithium.

One tightly held ASX-listed junior seems to be well-briefed with regards to the growing opportunity in lithium (specifically in Nevada) and last year secured three highly prospective lithium projects in the region.

Lithium Australia’s (ASX:LIT) ambitions are nearing closer to realisation courtesy of pre-production viability testing, ongoing exploration, joint-venture agreements and cross-sector partnerships with aspirational battery-market operators.

Our overlooked commodity-gatherer is also emulating existing industry giants such as SQM, Rio Tinto and GSC. It’s rubbing shoulders with the key customers too — battery manufacturers who need lithium in Tesla’s backyard in Nevada, USA.

Pure Minerals Limited (ASX: PM1), formerly Eagle Nickel, is an emerging junior explorer with a diverse portfolio of highly prospective copper, lithium and manganese projects in globally significant WA mining districts.

We first delved into PLH earlier this year. In our article, ‘Two Pronged ASX Developer Attacking Future Proof Lithium and Potash Markets’, published in May, we ran the rule over this resources juggler, involving not one but two highly lucrative commodities — lithium and potash. Since then PLH has really delivered – JORC resources for lithium and tin, 2 holes drilled into the Banio project in Gabon and two drillholes with big, broad (tens of metres) intercepts of potash. On top of all of this, top tier management has joined the Board.

While the Australian agriculture industry is seemingly going from strength to strength and the total value of Australia’s farm exports is expected to hit a new record of $48.7 billion in 2016-17, $1 billion higher than the previous year, a market facing almost a polar opposite sentiment is Australia’s thermal coal industry.

Unless you’ve been hiding under a rock for the past two years, you will no doubt have heard about the upswing in demand for lithium. In terms of valuations amongst lithium explorers, lithium prices and final end-users of lithium — all aspects of the lithium supply chain have experienced significant growth.

The emergence of lithium as a staple commodity of world markets has been rapid, to say the least and as such it has brought several Australian ASX listed companies into play including Lithium Australia (ASX: LIT). What sets LIT apart from others in this space is this is not just a lithium exploration company, LIT also owns boundary-breaking lithium extraction, and processing technologies otherwise known as Sileach™ and LieNa™.

After putting together a package of lithium projects in just November last year, Lake Resources (ASX:LKE) wasted no time getting to work. Its operations are now funded through to the year end and it is gearing up to begin a maiden drill program at its key project.