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Tantalex Lithium Resources Corporation C.TTX

Alternate Symbol(s):  TTLXF

Tantalex Lithium Resources Corporation is a Canada-based exploration and development stage mining company. The Company is engaged in the acquisition, exploration, development and distribution of lithium, tin, tantalum and other high-tech mineral properties in Africa. It is focused on operating its TiTan tin and tantalum concentrate plant and developing its lithium assets in the prolific Manono area in the Democratic Republic of Congo; The Manono Lithium Tailings Project and the Pegmatite Corridor Exploration Program. The Manono Tailings project covers 105 million mt over 11 dumps, containing Lithium, Tin and Tantalum. The Pegmatite Corridor Exploration project is located southwest of Dathcom Mining with 269 million tons of measured and indicated resources, for which the pegmatite extends throughout its licenses 12447 and 12448.


CSE:TTX - Post by User

Comment by Bmobmobmoon Mar 08, 2023 5:03pm
91 Views
Post# 35326885

RE:Lithium Price

RE:Lithium Price
ErinBrockovich wrote:

BTW, huge lithium deposit just discovered in Iran. Suppply is increasing very quickly. As demand is weakening. 


https://oilprice.com/Energy/Energy-General/Lithium-Prices-Have-Crashed-Spectacularly-Heres-What-Next.html



:P

"Thankfully, many analysts expect the slowdown in the lithium and EV markets to be a temporary blip.

Demand is still healthy, but battery and EV makers are currently destocking instead of placing new orders. The subdued spot demand therefore is weighing on sentiment and pressing down prices,” Susan Zou, Shanghai-based vice president at Rystad Energy.

Meanwhile, lithium giant Albemarle Corp. (NYSE:ALB) has ascribed the lower car sales in China to temporary weakness due to the early Lunar New year but has predicted that China’s EV market will still expand a healthy 40% this year. "

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