Lithium spot prices.... have been on the decline for sometime now..
Hardly any NEW projects have been launched.
Something's off.
Winds are
shifting critical mineral preferrences.
Copper... is a given. Lots will be needed.
US has been seriously mulling the idea of, - synthetic graphite ( carbon black from petcoke )
- manganese ( Alabama + Louisiana Mn plant )
Anything else US been aggressive with ? ZINC ! $ 2,713 / tonne https://markets.businessinsider.com/commodities/zinc-price
Zinc offers up more electrons = better than lithium.
Safer... more energy storage... more abundant.... cheaper to mine.
June 21, 2024 Hindustan Zinc will be the preferred supplier of zinc for the US-based battery company AEsir Technologies.
https://www.pv-magazine-india.com/2024/06/21/hindustan-zinc-secures-supply-deal-with-us-based-battery-developer/
June 27 2024 e-Zinc, the company enabling sustainable, long-duration energy storage with its zinc-air battery, today announced it has raised an additional USD $31 million in follow-on funding to its
$25 million Series A round. This oversubscribed Series A2 round was led by
Evok Innovations, with additional investments from
Mitsubishi Heavy Industries,
Export Development Canada (EDC), and
Ultratech Capital Partners. e-Zinc’s existing shareholders also participated, including
Toyota Ventures,
Eni Next,
Anzu Partners,
BDC, and
Graphite Ventures. e-Zinc plans to use this financing to accelerate product development and complete the construction of its 42,000 sq. ft pilot manufacturing facility in
Mississauga, Ontario.
https://www.e-zinc.ca/pressrelease/e-zinc-secures-usd-31m-in-series-a2-financing-to-advance-commercialization-initiatives/
May 2024 ZincFive Accelerates Investment in U.S. Manufacturing
Nickel-zinc battery technology leader commits to domestic manufacturing and recycling
https://zincfive.com/news/zincfive-accelerates-investment-in-u-s-manufacturing/
June 24 2024 Zinc battery firm Eos agrees to US $315 million facility.
https://www.energy-storage.news/zinc-battery-firm-eos-agrees-us315-million-facility-with-cerberus-capital-retires-existing-senior-loan/
June 20, 2024 U.S. Navy and Enzinc collaborate on fire-safe zinc battery development for EVs https://fireandsafetyjournalamericas.com/u-s-navy-and-enzinc-collaborate-on-fire-safe-zinc-battery-development-for-evs/
July 5 2024 Zinc batteries: Redflow teams with Stanwell on 400 MWh project, e-Zinc secures $31m commercialization funding https://www.pv-magazine.com/2024/07/05/zinc-batteries-redflow-teams-with-stanwell-on-400-mwh-project-e-zinc-secures-31m-commercialization-funding/
https://www.bloomberg.com/news/articles/2023-02-09/world-s-largest-zinc-smelter-sees-opportunity-in-us-energy-bill
Appears Zinc has been given the green light.
Which is all the more reason Slam should rethink their business model.
Out with selling claims and in with.... developing.
Not often i come across a junior like Slam whose literally surrounded several
existing mines with infastructure and Gov already in mix owning mines.
One less bridge to cross
Just found out this eve ( more research )
Slam vended the Nine wedge to.... Nine Mile Resources.
Yes... headshaker. Slam should've held that.
Nontheless, Slam still has several claims surrounding the mines with
superb results.
SLAM = 5 White X's
Slam + Nine need to draw in a larger player like Sprott...
Who can assist to develop a larger footprint.
But not at these prices... hence, slam is extremely under valued.
Hang onto these claims...Slam.
Canada and Europe most often follow in US footsteps when speaking
critical mineral direction.
Again.... investors need to see the historicals on, Goodwin.
Such would set the tone.
SLAM’s wholly owned Goodwin claims located 5 kilometers southwest of the Half Mile copper zinc silver deposit in the Bathurst Mining Camp of New Brunswick. The Farquharson zone was discovered by previous workers in 1960 and approximately 30 holes were drilled by a series of companies during the 1960’s and early 1970’s. The drilling pattern suggests that a significant mineral zone was encountered but this historic drilling is not well documented. The Company also drilled a 64.90 meter core interval grading
2.19% copper equivalent in hole
https://ceo.ca/@thenewswire/slam-drills-another-60-meter-copper-nickel-core-interval
Cheers....