Tantalex Lithium Resources Corporation C.TTX

Alternate Symbol(s): TTLXF

Metals & Mining Industrial Metals & Minerals

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.

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Tantalex Lithium Resources Corporation > Lithium Supply Going Up, and Lithium Price Weakens.

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Post by ErinBrockovichon Apr 03, 2023 11:45am

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Post# 35376299

Lithium Supply Going Up, and Lithium Price Weakens.

Chinese battery subsidy has ended earlier than expected. And too many batteries were built in China. The oversupply is slowing lithium growth. Demand is anticipated to temporarily weaken for electric vehicles in China. Still, a rebound in demand is expected at some point later in the year. Lithium should recover some traction but will likely not make higher highs as additional supply is expected for the worldwide market.

https://www.reuters.com/business/autos-transportation/tesla-ev-rivals-absorb-costs-after-china-pulls-plug-subsidy-2023-01-05/

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