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Press release Box-ID: 1123206

Swiss Resource Capital AG Poststrasse 1 9100 Herisau, Switzerland http://www.resource-capital.ch
Contact Mr Jochen Staiger +41 71 354 85 01

Lithium and cobalt - important raw materials

Not only electromobility is experiencing a boom, but also various raw materials are increasingly in demand

(PresseBox) (Herisau, )
Many electric cars also need many powerful batteries. Major automakers are planning or already have their own battery factories. This development gobbles up battery raw materials such as lithium or cobalt. No wonder the price of lithium has exploded since the beginning of 2021. The cobalt price has seen an increase of about 155 percent since the beginning of 2022. That's where high demand, logistics problems and project delays come in. And in China, the metal market is tight due to reduced production volumes. Cobalt is mostly a by-product of mining operations. As an example, consider Mawson Gold - https://youtu.be/ZBit04HR-Sc -. The company owns 100 percent of the approximately 18,000-hectare Rajapalot gold-cobalt project in Finland. It is the third largest gold deposit and the seventh largest cobalt deposit in Europe.

It is no coincidence that lithium is also called white gold. As an essential raw material in lithium-ion batteries, and thus in cell phone and car batteries, the price of lithium has also jumped exorbitantly. E-bikes, e-scooters as well as laptops need lithium. Most lithium is found in the lithium triangle on the borders of Chile, Argentina and Bolivia. Here in the lithium triangle, for example, Alpha Lithium - https://youtu.be/9d-nsnTk4ZY - has positioned itself. A lithium pilot plant is currently being planned on Alpha Lithium's Tollilar-Salar area. Well financed, the company is also aiming for a preliminary economic valuation. Production of up to 40,000 tons of high-grade lithium carbonate annually is the target. Apart from the Lithium Triangle, most lithium comes from the USA, Australia and China.

Current corporate information and press releases from Mawson Gold (https://www.resource-capital.ch/de/unternehmen/mawson-gold-ltd/ ) and Alpha Lithium (https://www.resource-capital.ch/...).

In accordance with §34 of the German Securities Trading Act (WpHG), I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and that there is therefore a possible conflict of interest. No guarantee for the translation into German. Only the English version of this news is valid.  

Disclaimer: The information provided does not constitute any form of recommendation or advice. Express reference is made to the risks involved in securities trading. No liability can be accepted for any damages arising from the use of this blog. I would like to point out that shares and especially warrant investments are fundamentally associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make a mistake, especially with regard to figures and prices. The information contained is taken from sources that are considered reliable, but in no way claim to be correct or complete. Due to judicial decisions the contents of linked external pages are to be answered for (so among other things regional court Hamburg, in the judgement of 12.05.1998 - 312 O 85/98), as long as no explicit dissociation from these takes place. Despite careful control of the contents, I do not assume any liability for the contents of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG applies additionally: https://www.resource-capital.ch/de/disclaimer-agb/

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The publisher indicated in each case is solely responsible for the press releases above, the event or job offer displayed, and the image and sound material used (see company info when clicking on image/message title or company info right column). As a rule, the publisher is also the author of the press releases and the attached image, sound and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.