Lithium is not only indispensable in the field of electromobility but is also urgently needed for storage batteries.
Lithium-ion batteries are the first choice when it comes to battery storage. They score high with high efficiency, high energy density, and relatively long lifespan. Therefore, they are used in home storage systems, as well as in the industry and in power plants. The energy transition is in full swing. In China, for example, the newly installed solar capacity increased by 146 percent in 2023. For wind power capacity, it was 96 percent, and the sales of electric vehicles rose by over 37 percent. While lithium prices declined sharply in 2023, they had also increased by almost 73 percent in 2022 and by over 442 percent in 2021.
Supply cuts and delays in new projects or expansions are now supporting lithium prices. Moreover, there is no convincing alternative for lithium in energy storage and electric vehicles. Around ten million electric vehicles were sold worldwide in 2022, and in 2023, it was approximately 14 million units. The trend continues to rise, although there is a slowdown. It is estimated that 16.7 million electric vehicles will be sold worldwide this year. This further increases the demand for lithium.
According to estimates, more than 4,900 gigawatt-hours will be demanded worldwide by 2030. In 2022, it was only 774 gigawatt-hours (for lithium-ion and sodium-ion batteries). Battery demand is expected to increase tenfold according to forecasts, as the automotive industry is transitioning to more electric vehicles. Therefore, lithium companies like Century Lithium or US Critical Metals are worth a closer look.
In Nevada, Century Lithium - https://www.commodity-tv.com/play/century-lithium-ceo-on-positive-feasibility-study-and-whats-coming-next/ - owns the promising Clayton Valley Lithium Project, which is 100 percent owned. The feasibility study (NI 43-101) for this project has been very positive.
US Critical Metals - https://www.rohstoff-tv.com/play/bergbau-nachrichten-mit-uranium-energy-us-critical-metals-und-calibre-mining/ - owns lithium, cobalt, and rare earths - https://www.rohstoff-tv.com/play/bergbau-nachrichten-mit-uranium-energy-us-critical-metals-und-calibre-mining/ -. Its promising projects are located in Montana, Nevada, and Idaho.
For current company information and press releases from U.S. Critical Metals (- https://www.resource-capital.ch/de/unternehmen/us-critical-metals-corp/ -) and Century Lithium (- https://www.resource-capital.ch/de/unternehmen/century-lithium-corp/ -).
In accordance with §34 WpHG, I would like to point out that partners, authors, and employees may hold shares in the companies mentioned and thus a potential conflict of interest may exist. No guarantee for the translation into German. Only the English version of this news is valid.
Disclaimer: The information provided does not constitute any recommendation or advice. The risks involved in securities trading are expressly pointed out. No liability can be accepted for damages resulting from the use of this blog. It should be noted that stocks and especially option investments are generally associated with risks. The total loss of the invested capital cannot be excluded. All information and sources are researched carefully. However, no guarantee is given for the correctness of all content. Despite the utmost care, errors, especially regarding figures and prices, are expressly reserved. The information contained comes from sources considered to be reliable, but does not claim to be correct and complete. Due to legal judgments, the contents of linked external sites are to be co-responsible (e.g., District Court of Hamburg, in the judgment of May 12, 1998 - 312 O 85/98), as long as no explicit distancing is made from these. Despite careful control of the content, no liability is assumed for the content of linked external sites. The respective operators are solely responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/de/disclaimer-agb/.
Lithium-ion batteries are the first choice when it comes to battery storage. They score high with high efficiency, high energy density, and relatively long lifespan. Therefore, they are used in home storage systems, as well as in the industry and in power plants. The energy transition is in full swing. In China, for example, the newly installed solar capacity increased by 146 percent in 2023. For wind power capacity, it was 96 percent, and the sales of electric vehicles rose by over 37 percent. While lithium prices declined sharply in 2023, they had also increased by almost 73 percent in 2022 and by over 442 percent in 2021.
Supply cuts and delays in new projects or expansions are now supporting lithium prices. Moreover, there is no convincing alternative for lithium in energy storage and electric vehicles. Around ten million electric vehicles were sold worldwide in 2022, and in 2023, it was approximately 14 million units. The trend continues to rise, although there is a slowdown. It is estimated that 16.7 million electric vehicles will be sold worldwide this year. This further increases the demand for lithium.
According to estimates, more than 4,900 gigawatt-hours will be demanded worldwide by 2030. In 2022, it was only 774 gigawatt-hours (for lithium-ion and sodium-ion batteries). Battery demand is expected to increase tenfold according to forecasts, as the automotive industry is transitioning to more electric vehicles. Therefore, lithium companies like Century Lithium or US Critical Metals are worth a closer look.
In Nevada, Century Lithium - https://www.commodity-tv.com/play/century-lithium-ceo-on-positive-feasibility-study-and-whats-coming-next/ - owns the promising Clayton Valley Lithium Project, which is 100 percent owned. The feasibility study (NI 43-101) for this project has been very positive.
US Critical Metals - https://www.rohstoff-tv.com/play/bergbau-nachrichten-mit-uranium-energy-us-critical-metals-und-calibre-mining/ - owns lithium, cobalt, and rare earths - https://www.rohstoff-tv.com/play/bergbau-nachrichten-mit-uranium-energy-us-critical-metals-und-calibre-mining/ -. Its promising projects are located in Montana, Nevada, and Idaho.
For current company information and press releases from U.S. Critical Metals (- https://www.resource-capital.ch/de/unternehmen/us-critical-metals-corp/ -) and Century Lithium (- https://www.resource-capital.ch/de/unternehmen/century-lithium-corp/ -).
In accordance with §34 WpHG, I would like to point out that partners, authors, and employees may hold shares in the companies mentioned and thus a potential conflict of interest may exist. No guarantee for the translation into German. Only the English version of this news is valid.
Disclaimer: The information provided does not constitute any recommendation or advice. The risks involved in securities trading are expressly pointed out. No liability can be accepted for damages resulting from the use of this blog. It should be noted that stocks and especially option investments are generally associated with risks. The total loss of the invested capital cannot be excluded. All information and sources are researched carefully. However, no guarantee is given for the correctness of all content. Despite the utmost care, errors, especially regarding figures and prices, are expressly reserved. The information contained comes from sources considered to be reliable, but does not claim to be correct and complete. Due to legal judgments, the contents of linked external sites are to be co-responsible (e.g., District Court of Hamburg, in the judgment of May 12, 1998 - 312 O 85/98), as long as no explicit distancing is made from these. Despite careful control of the content, no liability is assumed for the content of linked external sites. The respective operators are solely responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/de/disclaimer-agb/.
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Herr Jörg Schulte |
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Herr Jörg Schulte |
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