Allkem (ASX:AKE) shares turn bullish on December quarter update

Highlights AKE shares are rising on ASX today, nearing their three-month high price. Allkem’s strong performance is in line with the strong Lithium demand. AKE’s group revenue for the December quarter was around US$107 million.&nbs...

Serbia may eliminate Rio Tinto’s (ASX:RIO) AU$3B lithium mine

Highlights The Australian mining company Rio Tinto Limited (ASX:RIO) may face a loss of AU$3.34 billion as the Serbian lithium project may be cancelled. The project cancellation will be followed by protests and road blockades conducted by envir...

From Novonix to Vulcan, why are these 5 ASX-listed lithium stocks soaring high?

Highlights Prices of lithium gained nearly 540% in the last year. The staggering rise in the demand for lithium is underpinned by soaring EV sales in 2021. Automakers across the globe are trying hard to secure the future supply of lithium by s...

These penny lithium stocks have more than doubled investors’ wealth in one year

The year 2021 was one of the best years for ASX-listed lithium shares as prices of the metal remained high. Analysts are of the view that the trend in lithium shares is likely to continue into 2022 as price of the metal, also known as 'while gold',...

Three ASX EV stocks that are on investors’ watchlist

Highlights Electric vehicles (EVs) are the future of mobility, however, the entire industry is still at an early stage. A petrol car runs 100km on AU$14, while the average running cost of an electric vehicle is around AU$4/100km. NVX, AKE and ...

Why are Lithium player Vulcan (ASX:VUL) shares up today?

Shares of lithium player Vulcan Energy Resources (ASX:VUL) advanced as much as 7.5% on Tuesday after the company said that it has been granted five new exploration licences for geothermal energy, and lithium in the Upper Rhine Valley, Germany. Vul...

Global Lithium (ASX:GL1) share price sets new high on ASX

Highlights ASX:GL1 share price has hit a new 52-week high on ASX, price has risen over 9% today. Global Lithium Resources has declared a new lithium project acquisition. Global Lithium has acquired 80% interest in Manna lithium project. S...

How is lithium demand and supply looking in 2022 and beyond?

Lithium players saw the prices of the metal jump multifold in 2021. It is mainly used in the manufacturing of electric vehicle (EV) batteries, drugs, ceramics and glassware. The stunning surge in the demand for the light metal was underpinned by a...

How prepared is Australia to cash in on the upcoming lithium boom?

Highlights Countries across the globe are exploring the best possible ways to limit their carbon emissions. The demand for lithium has increased significantly in the past few years due to robust demand in the electric vehicle sector. Australia...

European Lithium (ASX:EUR) partners with Traxys for Wolfsberg Project

  • Dec 22, 2021 AEDT
  • Samta

Highlights For the Wolfsberg Lithium Project, European Lithium signed a Memorandum of Agreement (MOA) with Traxys Europe S.A. EUR will support Traxys to secure working capital for the Wolfsberg Project. Both the companies will discuss the pote...