Sayona Mining Ord Shs SYAXF

Sayona Mining Limited is an Australia-based lithium producer with projects in Quebec, Canada and Western Australia. Its projects include Authier Lithium, Western Australia Gold, Tansim Lithium, Western Australia Lithium, Western Australia Graphite, Moblan Lithium and Lac Albert Lithium. Authier Lithium project is situated approximately 45 kilometers (km) northwest of the city of Val d’Or, a mining service center in Quebec. The project area comprises 19 mineral claims totaling 653 hectares and extends approximately 3.4 km in the east-west, and 3.1 km in a north-south direction, respectively. Tansim Lithium project is situated approximately 82 km southwest of the Authier Lithium Project. The project comprises 355 mineral claims spanning 20,546 hectares (ha) and is prospective for lithium, tantalum, and beryllium. The Moblan Lithium project is located in the Eeyou-Istchee James Bay region of northern Quebec. Lac Albert Project is located approximately 3.5 km west of the Moblan project.

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Sayona Mining Ord Shs > Hurting bad

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Post by MaterialsManon Apr 24, 2024 7:33am

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Post# 36004603

Hurting bad

There's no doubt about that.
But, as Yogi always said, "It ain't over till it's over".
IMO the demand for lithium ion batteries will be greatly supplemented by the need for storage to maintain the grid. It will more than make up for weakening EV sales.
The only fly in the ointment is whether or not the companies that are building these battery storage facilities on U.S soil continue to support China's battery juggernaut by continuing to procure all their batteries there for cheap.
If so, it may well mean that the game is over for good.

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Critical raw materials pioneer drives Europe’s clean energy transition