Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Imagine Lithium Inc. V.ILI

Alternate Symbol(s):  ARXRF

Metals & Mining Industrial Metals & Minerals
Imagine Lithium is an exploration company advancing its Jackpot Lithium Project in Nipigon, Ontario. The project has a historic resource of 2M tonnes at 1.09% Li2O and 750kt @ 1.38% Li2O. The 2022 drill program was to increase the size of the historical resource. The results of the 2022 campaign will be combined with the extensive historical data and included in a first resource estimate in 2023. Imagine has launched a property wide exploration program on the ~18.8k ha Jackpot project.


TSXV:ILI - Post by User

Imagine Lithium Inc. > I'm back in
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(14)
•••
Post by Rob0012on Apr 08, 2021 10:30am
239 Views
Post# 32956237

I'm back in

I'm back in

Lithium Carbonate, which is a critical ingredient in lithium-ion batteries for electric cars, surged to 90,000 yuan per tonne for the first time since August of 2018 after government incentives boosted demand for the metal while supplies remain tight. European governments offer subsidies to electric-car buyers and sales of alternatively powered cars account now for a third of new passenger cars. China has invested at least $60 billion to support the EV industry and it’s pushing an ambitious plan to transition to all-electric or hybrid cars by 2035 and in the US, President Biden pledged to build half a million of charging stations. The supply-and-demand balance for lithium fell into deficit in 2020 and it is expected to continue in 2021 due to lack of investment in mines after prices declined following the boom until 2018.

GLTA
Rob
 
 
 
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities