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Lithium, a metal which was not a very exciting commodity through much of its history with mankind, has seen a meteoric rise in its importance in the past thirty years like no other known material in human history. Its unique electrochemical and metallurgical properties make it suitable for high performance energy storage applications underpinning its high energy density to weigh ratio with assurances on high durability and nontoxic operations and disposal. The mining and production of lithium along with the production of batteries derived from it have also seen a meteoric rise during the period. A new era, however, is about to dawn on this metal as electric vehicles catch the fancy of the human race, as more and more governments around the world and companies increase their spending to promote the spread and use of this new technology.
Below are top five lithium production and mining companies working around the world.
- Bacanora Lithium Plc- Bacanora Lithium Plc (LON:BCN) is a London-headquartered, lithium mining and development company, which seeks to commercialize the Sonora Lithium Project in Mexico and develop the next major lithium project in the country. The group is one of the few pure-play lithium development groups listed on the London Stock Exchange. A feasibility study of the Sonora Lithium Project confirmed favorable operating costs and positive economics, with an internal rate of return of 26.1 per cent and pre-tax project net present value of $1.253 billion. The operations of the company are differentiated into three geographic segments, namely Mexico, Germany and Head Office in the United Kingdom.
The shares of the company are listed for trading on the London Stock Exchange. There the shares of the company trade in the Alternative Investment Market (AIM) segment with the ticker name BCN.
Performance on the London Stock Exchange
Source â Thomson Reuters
At the time of writing of this report the shares of the company were trading at GBX 33.60
On a 52-week trading cycle on the London Stock Exchange the stock has a 52-week high of GBX 56.60 and a 52-week low of GBX 11.55. The market capitalization of the company as on 29 November 2019 at the time of writing of this report was £70.85 million.
- Savannah Resources Plc - Savannah Resources Plc (LON:SAV) is a United Kingdom domiciled mineral development and production company with major interests in power metals like Lithium and Copper. The company has mining and production operations of Lithium in Portugal by the name Mina do Barroso and has a copper mining and production operation in Oman. The Mina do Barroso mines of Portugal are the largest lithium spodumene deposits discovered so far in Europe.
The shares of the company are listed for trading on the London Stock Exchange. There the shares of the company trade in the Alternative Investment Market (AIM) segment with the ticker name SAV.
Performance on the London Stock Exchange
Source â Thomson Reuters
At the time of writing of this report the shares of the company were trading at GBX 2.26
On a 52-week trading cycle on the London Stock Exchange the stock has a 52-week high of GBX 6.60 and a 52-week low of GBX 1.90. The market capitalization of the company as on 29 November 2019 at the time of writing of this report was £27.18 million.
- Kodal Minerals Plc - Kodal Minerals Plc (LON:KOD) is a mining and mineral development company domiciled in the United Kingdom, with major interests in lithium. The companyâs flagship project the Bougouni Lithium Project in Southern Mali in west Africa is a world class project and produces lithium spodumene. Other than that, the company also has a 90 per cent interest in the Diendio Project which again is located in southern Mali which is co-owned by Minefinders Mali SARL.
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The shares of the company are listed for trading on the London Stock Exchange. There the shares of the company trade in the Alternative Investment Market (AIM) segment with the ticker name KOD.
Performance on the London Stock Exchange
Source â Thomson Reuters
At the time of writing of this report the shares of the company were trading at GBX 0.0495
On a 52- week trading cycle on the London Stock Exchange the company has a 52- week high of GBX 0.2075 and a 52-week low of GBX 0.0435. The market capitalization of the company as on 29 November 2019 at the time of writing of this report was £4.39 million.
- Nemaska Lithium Inc - Nemaska Lithium Inc (TOR: NMX) is a Canadian mineral and mining company. The company has interest in Whabouchi and Sirmac mines located in the Quebec region of Canada from where it mines spodumene (lithium aluminium inosilicate). Other than that, the company also operates a chemical complex to process this mineral to lithium-based products.
 The shares of the company are listed on the Toronto Stock Exchange where they trade with the ticker name NMX.
Performance on the Toronto Stock Exchange
Source â Thomson Reuters
At the time of writing of this report the shares of the company were trading at CAD$ 0.195
On a 52-week trading cycle on the Toronto Stock Exchange the company has a 52-week high of CAD$ 0.81 and a 52-week low of CAD$ 0.155. The market capitalization of the company as on 29 November 2019 at the time of writing of this report was CAD$ 165.29 million.
- Albemarle Corporation - Albemarle Corporation (NYQ: ALB) is an American Chemical corporation based out of Charlotte North Carolina. The companies lithium mining operations are located in Chile, Australia and the Unites states of America. The company is one of the largest and oldest producers and sellers of this metal with its market extending to over 100 countries. Other than lithium the company also has interests in other specialist materials like cesium, organometallics, hydrides, potash and Spodumene. Â
The shares of the company are listed for trading on the New York Stock Exchange. There the shares of the company trade with the ticker name ALB.
Performance on the New York Stock Exchange
Source â Thomson Reuters
At the time of writing of this report the shares of the company were trading at US$ 65.51
On a 52-week trading cycle on the New York Stock Exchange the company has a 52-week high of USD$ 100.36 and a 52-week low of US$ 58.63. The market capitalization of the company as on 29 November 2019 at the time of writing of this report was US$ 6.95 billion.
