Extract from27 Feb 2018 05:32
The latest Lithium Spot
2020 and Onwards: Lithium Junior Miners of Note:
Bacanora: According to the company, they have one of the �world�s largest lithium deposits.� The company has two main lithium projects: their flagship Sonora Lithium project, and the Zinnwald Lithium project in Germany. Sonora is expected to come online sometime in 2020. They have a relatively strong grade and a competitive expected LCE operating cost per tonne of $3,910. Hanwa, a leading Japan based trading company which was valued at 212 Billion yen (or ~$1.9B USD) at the time of this writing owns ~9% of the company and is a major offtake partner for their stage 1 project. In December 2017, NextView capital, a leading Chinese institutional fund, acquired a 19% interest in the company as well as an offtake agreement. Both of these deals are bullish signs for the company.