In This Issue
Weekly Commentary
Smarter ways of extracting lithium from brines
The volatility in gold, oil and other commodity prices has been as extreme as I have ever seen. While this does provide trading opportunities, you have to be quick. It is like walking through a minefield and it is so scary that many traders are standing aside. Confusion is leading to inaction in many instances.
Around 60% of the world's lithium comes from evaporation ponds in countries such as Argentina, Bolivia and Chile. Orecobre is an example of an ASX-listed company that has successfully commissioned and expanded a brine solar in Argentina. It has a market capitalisation of around A$6bn.
As with every other industry the lithium brine industry is always open to technological change in pursuit of greater efficiencies. We have reviewed a Canadian company, E3 Metals Corp (TSX:ETMC), that seems to offer an innovative and more efficient method to extract lithium. Additionally, there are two other initiatives worth mentioning.
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