Everyone rushes to the white gold
(PresseBox) - Lithium-ion batteries are needed as never before, in electromobility and in the energy transition.
Green energies such as solar or wind power need powerful electricity storage systems; that is in the nature of solar and wind power. For the foreseeable future, there will also be no substitute for lithium-ion batteries, which are in high demand. Likewise, electric vehicles, whose sales are steadily increasing, rely on the batteries. No wonder, then, that lithium is in hot demand and is known as the white gold. Lithium projects are therefore in demand and takeovers are making headlines in the lithium industry. In Finland, for example, the government is supporting lithium production. US$7.9 million is being raised by the Finnish government to support Keliber s construction of a lithium chemical plant at Kokkola Industrial Park. The money is to be used for technology "that significantly improves environmental protection in lithium hydroxide production and also enables the use of a side stream from production."
What is interesting in this context is that a mining company that actually owns gold as well as platinum and palladium projects, namely Sibanye-Stillwater - https://www.youtube.com/watch?v=0HlxiXfWcus - holds more than a quarter of Keliber. However, Sibanye-Stillwater has been focused on gaining a foothold in the battery metals sector for some time. Like many others, the company has probably recognized the opportunities that exist in this area.
In terms of acquisitions, Millennial Lithium recently made a splash. Lithium Americas will acquire all of Millennial Lithium s shares. For investors invested in Millennial Lithium, this arrangement should prove lucrative.
Current corporate information and press releases from Sibanye-Stillwater (- https://www.resource-capital.ch/en/companies/sibanye-stillwater-ltd/ -) and Millennial Lithium (- https://www.resource-capital.ch/en/companies/millennial-lithium-corp/ -).
In accordance with ?34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.
Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 - 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/
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Datum: 19.01.2022 - 02:10 Uhr
Sprache: Deutsch
News-ID 653958
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"Everyone rushes to the white gold"
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