Frontier Lithium Inc V.FL

Alternate Symbol(s): LITOF

Metals & Mining Industrial Metals & Minerals

Frontier Lithium Inc. is engaged in the acquisition, exploration and development of lithium mineral properties in Ontario, Canada. The Company is engaged in a pre-production business with a focus to be a strategic and integrated domestic supplier of spodumene concentrates for industrial users as well as battery-grade lithium hydroxide and other chemicals to the electric vehicle and energy storage markets in North America. The Company’s flagship asset, PAK Lithium Project, located about 175 kilometers (km) north of Red Lake, Ontario in the Red Lake Mining District and encompasses close to 27,000 hectares (ha). It also has two other spodumene-bearing discoveries, such as the Bolt pegmatite, which is located between the PAK and Spark deposits, as well as the Pennock pegmatite, located 25 km northwest of the PAK deposit within the project claims. Its lithium products include spodumene concentrate and lithium hydroxide monohydrate.

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Frontier Lithium Inc

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Post by lithomonon Jan 04, 2023 1:51am

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Post# 35202053

Lithium Contracts are Expiring & Re-negotiating higher price

A contributing factor in Tesla share price dropping significantly in Tuesday's session.

Tesla locked-in new Lithium supply contracts at far higher prices.

This scenario is likely to be widespread for numerous Lithium buyers in 2023 and beyond.

For instance, Tesla locks-in new re-negotiated Lithium supply contract with Piedmont Lithium.

Piedmont, with market capitalization of approximately $1 Billion and Frontier's market cap at approx $400-million, it now appears to be a stretch for Piedmont Lithium to have designs to target Frontier.

Nonetheless, I understand Piedmont and Frontier Lithium presenting at upcoming "virtual" conference.

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