The year has been costly for big-time punters on lithium,with share prices of some ASX-listed lithium stocks falling by more than 50 per cent.
An anaesthetist turned outback motorcycle enthusiast who purchased a sizeable chunk of lithium stocks five years ago at 11¢ a share has set up his retirement.
The ASX-listed lithium player has significantly upgraded estimates for its West Australian deposits.
Patriot Battery Metals is on a meteoric ascent as the world pivots away from internal combustion engines to electric vehicles. But the last two years have also delivered their fair share of speed bumps.
Founder Chris Ellison has pushed back against criticism of a U-turn on lithium strategy.
Pilbara Minerals shares jumped 5.2 per cent after the lithium producer finished its financial year with production of a vital battery ingredient surging by 64 per cent.
John Goodenough created a battery that has provided energy to smartphones,laptop and tablet computers,lifesaving medical devices and clean,quiet plug-in vehicles.
Ultimately,geopolitical tension is no reason for investors to rush for the exit. In fact,it might even be an opportunity.
The compact agreed by Anthony Albanese and Joe Biden last week underscores the opportunity and potential risks created by America’s push to get less dependent on China for strategic resources.
Producers want government help to set up precincts with an industrial ecosystem to drive down costs.
The Australian miner will combine with fellow lithium producer Livent to create the world’s third-biggest lithium producer in terms of future estimated capacity.