Frontier Lithium Inc LITOF

Primary Symbol: V.FL

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 tickerhiton Dec 09, 2023 11:03am

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Post# 35776215

Deutsche Bank Says Producers Expect a Recovery

in Lithium Prices in 2024

12:16 PM EST, 12/08/2023 (MT Newswires) -- Deutsche Bank on Friday said it expects most lithium producers to continue to push for higher lithium production on expectations prices for the battery metal will recover amid the push for electrification.

As she published highlights of the bank's eighth-annual Lithium & Battery Supply Chain Conference, analyst Corinne Blanchard said most producers believe price for the metal is near bottoming out and expect a return to normalized range of between US$15 and US$25 per kilogram starting in the second quarter.

"We believe most of the near-term projects will come through due to regionalization becoming increasingly important with supply being (i) incentivized in the US, (ii) pushed in China due to geopolitical tensions, and (iii) protected in Australia. The supply most at risk in our view is South America due to (i) nationalization risk and less stable jurisdictions, (ii) much more juniors/early stage projects with fragile balance sheet and (iii) more challenging access to financing," Blanchard wrote.

Price: 9.00, Change: +0.30, Percent Change: +3.45