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INN spoke to experts to find out how to play the battery metals market in Australia today. Here's what they had to say.

Australia's role in the global green energy transition is crucial. The country has key resources needed to feed growing demand for critical minerals and has strategic partnerships along the supply chain.

When it comes to battery metals, ASX-listed companies have seen their share prices surge in the past year and have been able to move forward with projects by raising more cash than many analysts anticipated.

With current and future prospects looking positive for the land down under, the Investing News Network (INN) asked experts about how to play the battery metals market in Australia today.


Interest growing for battery metals

Battery metals had a couple of rough years following a price surge in 2017 and 2018, and when the coronavirus hit the world in early 2020 the short-term picture for these raw materials was uncertain.

But against all odds, interest in metals used in the batteries that power electric vehicles (EVs) surged despite the pandemic, as the world accelerated efforts to reduce carbon emissions and move towards green energy.

Battery metals such as lithium, cobalt, graphite and even nickel have seen prices increase — with more or less volatility — with new and seasoned investors turning their attention to these markets.

But what's ahead for stocks focused in this space? Canaccord Genuity continues to see a bright outlook for ASX-listed battery metals companies in 2021.

"We have been bullish on the outlook for demand for battery raw materials for many years now, with our views supported by continued strong growth in EV sales," mining analyst Reg Spencer told INN. "If anything, our conviction in the outlook has only strengthened since the start of 2021."

EV adoption continues to grow, with sales on track to increase by up to 60 to 70 percent year-on-year, and OEMs are making more assertive pushes in response to increasingly stringent government emissions targets; these factors are causing demand growth estimates to be rebased upwards, according to the analyst.

Similarly, Owen Hegarty of EMR Capital sees strong demand overall for commodities over the next multiple decades, led by China and followed by India and Indonesia — all are looking to get on the "superhighway" of economic growth and prosperity.

"The ones that are going to be sharper, faster, stronger, higher growth are going to be those energy transition metals — battery metals, renewables and so on," he told INN.

For the expert, a big winner will be copper, because it is used in a wide range of applications, but he is also interested in the battery metals complex.

"There will be some winners there. Lithium will be a winner, graphite will be a winner, cobalt will be a winner," he said. "There's a lot of those materials and commodities ... that will be winners, some going up and down a bit, because remember, it's all part of a technology play too."

Australian miners' advantages

Battery metals demand from the EV space is not just about well-known US pioneer Tesla (NASDAQ:TSLA). In the last 12 months, most major automotive OEMs have announced even more aggressive electrification targets. At the same time, week after week governments around the world continue to outline plans to reduce carbon emissions and move to electrify transportation.

On the supply side, movement has not been as fast. In the case of lithium, low prices from 2019 to 2020 led to many new projects or capacity expansions being delayed.

For Spencer, this has meant that as demand growth recovered through late 2020 and into 2021, the supply side was not able to keep pace, leading to significant price increases for lithium feedstock and chemicals as inventories were wound down.

"Noting the significant increase in production capacity required to meet long-term demand forecasts, the substantial capital required to bring on this new capacity and the long lead times to develop new projects, lithium prices are expected to remain elevated," he explained to INN. "This high pricing environment should provide for a very favourable investment backdrop."

EMR Capital's Hegarty also pointed at the fundamentals when talking about where to invest capital. For the resource expert, investors should look for sectors where demand is growing fast and supply is slower.

"You need to actually choose those commodities that are going to be under price tension all the time," he said. "Of course, there'll be some disruptions, then there'll be higher prices of electricity, there'll be higher prices of energy, but the direction and the force is perfectly clear that you're going to have good strong demand."

Despite the economic downturn brought by COVID-19, many battery metals companies in Australia have been able to raise funds to move forward with their projects. In fact, Australian mineral explorers in general were able to raise more capital last year than in the last 10, according to a recent report from BDO.

In the March 2021 quarter, 48 companies raised $10 million or more, five more than the 43 companies recorded in December. Of the 48 companies, there were 10 gold companies, nine lithium companies, four uranium companies, four rare earths companies and four graphite companies; the remaining 17 companies were across 14 different sectors, most notably copper-gold, copper and oil and gas.

Financing inflow by commodity. Top 48 explorers, Q1 2021. Chart via BDO.

Financing inflow by commodity. Top 48 explorers, Q1 2021. Chart via BDO.

"We knew the battery minerals industry has been hot in recent times, however the current dominance of lithium and other battery minerals companies in terms of fund raisings, surprised even us," the BDO report states. "Clean energy alternative, uranium, also appeared to be an attractive investment, raising the third most funds among our Fund Finders."

Canaccord's Spencer expects this trend to continue for the rest of 2021.

"While we have seen a meaningful amount of new equity raised in the last 12 months, it's worth pointing out that a majority of this was raised for recapitalisation and or M&A, with rates of capital investment into new capacity tracking well below what is required to meet long-term demand estimates," he said.

As an example, Spencer pointed to the average capital intensities for new lithium chemical supply — which is estimated at US$15,000 to US$20,000 per tonne, implying that more than US$3 billion must be invested each year in new capacity to meet 2030 demand estimates.

"A high pricing environment is needed to incentivise this level of capital investment, and that should see investor sentiment toward the sector remain positive," he said.

Significant consolidation among mid-cap battery materials companies in the last six to nine months has also been a trend in the space. "Combined with the positive outlook for the sector, that should see investors more willing to support the next wave of project developers emerging over the coming two to three years looking to help fill an expected supply gap," Spencer added.

For Hegarty, capital raises are going to continue on a fast trajectory going forward.

"I think that capital is going to be available, and the people will be there. So there's a bit of balancing and rebalancing and trends to watch," he said. "And the best markets to raise that sort of money are the trusted markets of the TSX, TSXV and our well-regulated, well-experienced Australian Securities Exchange."

What to look for in juniors and metals to watch

When looking at companies for investing in the battery metals space, Spencer said the usual filters still apply, including resource quality, capital intensity, position on the cost curve, access to infrastructure, sovereign risk and permitting and capable and experienced management, among others.

"That said, as the world, and specifically the EV supply chain, embraces sustainability, we are increasingly looking to companies with projects that have better ESG credentials, such as low-CO2-intensity production, social licence, a smaller environmental footprint, etc.," he said. "In addition, with supply chain localisation becoming more important (both from a sustainability and economic aspect), we are also looking to projects that are situated within, or close to, key end markets (ie. the EU, North America)."

For Spencer, these characteristics apply to investors looking for opportunities in the battery metals sector, including those looking specifically at the Australian market.

Hegarty agreed, saying that despite the fact that these once unrecognisable metals are now becoming popular, investors should be looking at similar factors, starting with the people behind the projects.

"Then of course you go into the particular deposit of that particular metal," he said. "Take a look at, you know, where it is, what it is, how long they're going to take. And then of course the fundamentals of the project."

When asked about which battery metal he is more interested in this year, Spencer said Canaccord is most optimistic about the near-term prospects for lithium and rare earths — not quite battery metals, but certainly a market increasingly driven by EVs and renewable energy.

"High-purity manganese (in metal/sulphate form) probably interests us the most," he said. "Recent developments in cathode chemistry (as announced by major OEMs such as VW (OTC Pink:VLKAF,ETR:VOW3) and Stellantis (NYSE:STLA)) point to the potential commercialisation of high-manganese cathodes for mass market EVs, and with few options for low-cost/low-impurity production (ie. projects based on manganese carbonate resources), we see this as an interesting space."

For his part, Hegarty mentioned copper, and reminded investors not to forget zinc, which is used to galvanise steel. In the battery metals complex, he is optimistic about lithium, cobalt and to a lesser extent graphite.

Don't forget to follow us @INN_Australia for real-time updates!

Securities Disclosure: I, Priscila Barrera, hold no direct investment interest in any company mentioned in this article.

Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.

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Although the lithium market can be tricky to understand, the payoff can be substantial, said John Kaiser of Kaiser Research.

John Kaiser: No Upside in Tesla, Lithium Juniors are the Future of the EV Story youtu.be

Tesla (NASDAQ:TSLA) may be at the center of the electric vehicle (EV) revolution, but the Elon Musk-led company has no upside left. That means investors need to look elsewhere for opportunity.

That's according to John Kaiser of Kaiser Research. Speaking at the Prospectors & Developers Association of Canada (PDAC) convention, he said that lithium juniors have become the place to be.

Referencing a report from Rio Tinto (ASX:RIO,LSE:RIO,NYSE:RIO), Kaiser said that by 2035, roughy 1 million tonnes of lithium metal equivalent will be needed to support EV demand.

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lithium brine

Housing the world's largest deposits of lithium, Chile's unique geological landscape and climate make it ideal for lithium brine extraction

As the world continues on the path towards a future dominated by clean energy, lithium's importance only continues to grow. Demand for the battery metal has already reached an all-time high, increasing by 400 percent in 2021. What's more, there is every indication that this growth will continue in 2022, with prices increasing by 126 percent in just the first quarter.

Currently, Australia and Chile are the two leading producers of lithium, respectively accounting for 46.3 percent and 23.9 percent of worldwide production. Both countries are jurisdictionally inclined to support the mining sector. However, Chile's potential could one day see it outstrip even Australia where investment is concerned.

Housing the world's largest deposits of lithium, Chile's unique geological landscape and climate makes it ideal for lithium brine extraction. The country thus has a pivotal role to play in meeting demand and establishing a stable global supply chain.



A critical component of sustainability

Climate change is an undeniable problem, one which requires a collaborative effort to address. It is for this reason that governments around the world have all agreed to pursue full climate neutrality by 2050. Because combustion engines represent an inordinate percentage of greenhouse gas emissions, replacing them with electric vehicles (EV) is essential if any nation is to achieve their sustainability goals.

Lithium is used extensively in both consumer and professional electronics. It is also a staple metal in multiple other sectors, including mining, manufacturing and energy storage.

Given its cross-sector industrial importance, the battery metal was already in high demand.

The large-scale manufacturing of electric vehicles has caused this demand to increase exponentially. As multiple automotive manufacturers construct gigafactories to ramp up EV distribution, the need for lithium is growing well beyond our current production capacity.

Investors and mining companies can benefit by turning to jurisdictions like Chile to ramp up supply. The world's migration towards a sustainable future simply cannot occur without lithium.

Lithium: Australia versus Chile

Although Australia houses impressive lithium reserves, the majority of the country's stores occur in hard rock deposits. Mining these deposits is relatively inexpensive, but hard rock lithium operations also tend to have narrow margins compared to other methods. In particular, lithium brine extraction offers higher yields, greater efficiency and a lower overall environmental impact.

Currently, the largest lithium producer in Australia is Pilbara Minerals (ASX:PLS,OTC Pink:PILBF). Its flagship project, the Pilgangoora operation, is situated atop one of the world's largest hard rock lithium deposits. It also jointly owns a pegmatite lithium project with Atlas Iron (ASX:AGO), the Mt Francisco project.

Geography represents Chile's first major advantage over other jurisdictions. Alongside Bolivia and Argentina, Chile lays claim to a geographic region known as the Lithium Triangle. Located in the Andes in South America, it contains an estimated 68 percent of the world's identified lithium resources.

The Lithium Triangle is home to a series of vast salt flats, beneath which sit incredibly lithium-rich brine pools. More promising still is the climate of the region, which is known for being incredibly hot and dry. This represents a considerable boon for extraction operations, which typically rely on evaporative processes.

A powerful investment opportunity

Chile's mining sector has leveraged its arid geography to great effect. The country's Salar de Atacama salt flat is the largest-producing brine deposit in the world. It is also home to several major lithium brine operations.

One of these is owned and operated by Albemarle (NYSE:ALB). Currently the largest business provider of lithium for electric vehicle batteries, Albemarle also operates a lithium carbonate plant at La Negra. According to an Albemarle spokesperson, the company has a long history in Chile backed by a unique contract.

SQM (NYSE:SQM) operates another major lithium brine operation in the salt flat. As the world's largest lithium producer overall, the company recently announced plans to reduce brine extraction in the region by 50 percent by 2030. This announcement came in tandem with a commitment to reduce water usage across all its operations by 40 percent.

Finally, just south of Salar de Atacama is situated the highest-quality lithium pre-production project in Chile. Maricunga is jointly owned by Lithium Power International (ASX:LPI), Minera Salar Blanco and Li3 Energy. Situated just 250 kilometers from Chile's coast, and 170 kilometers from the mining town of Copiapo, it's said to possess characteristics directly comparable to Atacama. Maricunga is also adjacent to Highway 31, which connects Northern Chile to Argentina.

The most significant challenge to Chile's growth, from an investment perspective, is sociopolitical. Although the country has a history of being relatively friendly towards the mining sector, its current government is exploring new legislation that could nationalize both copper and lithium. A new mining royalty bill is also in the works, which could increase tax rates by up to 80 percent.

It's worth noting that not every investor considers the current political climate to be a risk. South32 (ASX:S32), a spinoff of BHP (ASX:BHP), recently invested US$1.55 billion to purchase a 45 percent stake in the Sierra Gorda copper mine, and a lithium auction held by Chile earlier this year saw Chinese manufacturing company BYD acquire extraction rights for 80,000 metric tons of lithium.

Takeaway

Chile is home to the largest, richest and most valuable lithium deposits in the world. For many investors, the high margins and low cost of lithium extraction in Chile more than make up for the potential of a few political speed bumps.

This INNSpired article is sponsored by Lithium Power International (ASX:LPI). This INNSpired article provides information that was sourced by the Investing News Network (INN) and approved by Lithium Power International in order to help investors learn more about the company. Lithium Power International is a client of INN. The company’s campaign fees pay for INN to create and update this INNSpired article.

This INNSpired article was written according to INN editorial standards to educate investors.

INN does not provide investment advice and the information on this profile should not be considered a recommendation to buy or sell any security. INN does not endorse or recommend the business, products, services or securities of any company profiled.

The information contained here is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of securities. Readers should conduct their own research for all information publicly available concerning the company. Prior to making any investment decision, it is recommended that readers consult directly with Lithium Power International and seek advice from a qualified investment advisor.

LPI:AU
sign post with arrows pointing to "right," "wrong" and "it depends"

Experts in the field weigh in on Goldman Sachs' lithium oversupply call and whether they think it accurately depicts what's happening in the market.

Last week, the lithium market was shaken by a report from investment bank Goldman Sachs (NYSE:GS) saying that the bull market for battery metals was over for now.

Prices for lithium, which increased more than 400 percent in the past year, are expected to drop in the next two years, with a “sharp correction” happening by 2023, according to Goldman Sachs analysts.

They project that lithium prices will fall from current levels to an average of just under U$54,000 this year, from an average of above U$60,000. By 2023, the bank forecast is for an average price of just over US$16,000.

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electric vehicle charging
Blue Planet Studio / Shutterstock

General Manager Matt Herbert described Ontario as an "undiscovered gem," and spoke about the company's work on its lithium projects in the province.

Green Technology Metals: Cashed Up and Pursuing Low-carbon Lithium in Ontario youtu.be

After making its ASX debut this past November, Green Technology Metals (ASX:GT1) has been hard at work in Ontario, Canada, where it holds three projects covering 35,000 hectares.

Speaking to the Investing News Network at the Prospectors & Developers Association of Canada (PDAC) convention, General Manager Matt Herbert described the province as an "undiscovered gem" with the potential to contribute to the lithium supply chain in an environmentally conscious manner.

"I think the opportunity there is to create some very, very green lithium," he said.


"At the moment, a lot of lithium is mined in Western Australia, (then) shipped to China for processing; from China it goes to European battery markets. I think by the time that lithium arrives where it's supposed to arrive it's left itself a bit of a carbon footprint," Herbert explained during the conversation. "We have a real opportunity here to leverage low-carbon lithium in a place that is really screaming for security."

Green Technology Metals has already seen support from members of the Ontario government, including recently re-elected Premier Doug Ford, and Greg Rickford, who is the province's minister of northern development, mines, natural resources and forestry, as well as its minister of indigenous affairs.

"Both are massive supporters of critical minerals," Herbert said. "Those things are important when you're at the permitting and approval stage, and that's exactly where we're at. We're able to leverage those relationships really well, and there's just no better place to be at the moment."

Watch the interview above for more from Herbert on Green Technology Metals and its plans for the next six months. You can also click here for our recap of PDAC, and here for our full PDAC playlist on YouTube.

Don't forget to follow us @INN_Australia for real-time updates!

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

Editorial Disclosure: Green Technology Metals is a client of the Investing News Network. This article is not paid-for content.

The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.

GT1:AU
stones balancing with three smaller ones on one side and one larger one on the other

Experts believe the positive long-term outlook for electric vehicles means lithium demand’s breather could just be temporary.

Lithium prices climbed over 400 percent last year, with other key battery raw materials such as cobalt and nickel also seeing prices rally as demand from the electric vehicle (EV) industry picked up pace.

But by the end of the first quarter, prices started to stabilize as demand took a breather, particularly in China, where the government has imposed lockdown measures to contain a new wave of COVID-19.

“We expect lithium and cobalt prices to peak this year, from dented but still strong demand and supply chain challenges,” Alice Yu of S&P Global Market Intelligence said at a recent webinar.

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Balkan Mining and Minerals

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This article includes content from Balkan Mining (ASX:BMM), licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

BMM:AU

General Manager Matt Herbert described Ontario as an “undiscovered gem,” and spoke about the company’s work on its lithium projects in the province.


After making its ASX debut this past November, Green Technology Metals (ASX:GT1) has been hard at work in Ontario, Canada, where it holds three projects covering 35,000 hectares.

Speaking to the Investing News Network at the Prospectors & Developers Association of Canada (PDAC) convention, General Manager Matt Herbert described the province as an “undiscovered gem” with the potential to contribute to the lithium supply chain in an environmentally conscious manner.

“I think the opportunity there is to create some very, very green lithium,” he said.


“At the moment, a lot of lithium is mined in Western Australia, (then) shipped to China for processing; from China it goes to European battery markets. I think by the time that lithium arrives where it’s supposed to arrive it’s left itself a bit of a carbon footprint,” Herbert explained during the conversation. “We have a real opportunity here to leverage low-carbon lithium in a place that is really screaming for security.”

Green Technology Metals has already seen support from members of the Ontario government, including recently re-elected Premier Doug Ford, and Greg Rickford, who is the province’s minister of northern development, mines, natural resources and forestry, as well as its minister of indigenous affairs.

“Both are massive supporters of critical minerals,” said Herbert. “Those things are important when you’re at the permitting and approval stage, and that’s exactly where we’re at. We’re able to leverage those relationships really well, and there’s just no better place to be at the moment.”

Watch the interview above for more from Herbert on Green Technology Metals and its plans for the next six months. You can also click here for our recap of PDAC, and here for our full PDAC playlist on YouTube.

Don’t forget to follow us @INN_Australia for real-time updates!

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

Editorial Disclosure: Green Technology Metals is a client of the Investing News Network. This article is not paid-for content.

The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.

Housing the world’s largest deposits of lithium, Chile’s unique geological landscape and climate make it ideal for lithium brine extraction

As the world continues on the path towards a future dominated by clean energy, lithium’s importance only continues to grow. Demand for the battery metal has already reached an all-time high, increasing by 400 percent in 2021. What’s more, there is every indication that this growth will continue in 2022, with prices increasing by 126 percent in just the first quarter.

Currently, Australia and Chile are the two leading producers of lithium, respectively accounting for 46.3 percent and 23.9 percent of worldwide production. Both countries are jurisdictionally inclined to support the mining sector. However, Chile’s potential could one day see it outstrip even Australia where investment is concerned.

Housing the world’s largest deposits of lithium, Chile’s unique geological landscape and climate makes it ideal for lithium brine extraction. The country thus has a pivotal role to play in meeting demand and establishing a stable global supply chain.


A critical component of sustainability

Climate change is an undeniable problem, one which requires a collaborative effort to address. It is for this reason that governments around the world have all agreed to pursue full climate neutrality by 2050. Because combustion engines represent an inordinate percentage of greenhouse gas emissions, replacing them with electric vehicles (EV) is essential if any nation is to achieve their sustainability goals.

Lithium is used extensively in both consumer and professional electronics. It is also a staple metal in multiple other sectors, including mining, manufacturing and energy storage.

Given its cross-sector industrial importance, the battery metal was already in high demand.

The large-scale manufacturing of electric vehicles has caused this demand to increase exponentially. As multiple automotive manufacturers construct gigafactories to ramp up EV distribution, the need for lithium is growing well beyond our current production capacity.

Investors and mining companies can benefit by turning to jurisdictions like Chile to ramp up supply. The world’s migration towards a sustainable future simply cannot occur without lithium.

Lithium: Australia versus Chile

Although Australia houses impressive lithium reserves, the majority of the country’s stores occur in hard rock deposits. Mining these deposits is relatively inexpensive, but hard rock lithium operations also tend to have narrow margins compared to other methods. In particular, lithium brine extraction offers higher yields, greater efficiency and a lower overall environmental impact.

Currently, the largest lithium producer in Australia is Pilbara Minerals (ASX:PLS,OTC Pink:PILBF). Its flagship project, the Pilgangoora operation, is situated atop one of the world’s largest hard rock lithium deposits. It also jointly owns a pegmatite lithium project with Atlas Iron (ASX:AGO), the Mt Francisco project.

Geography represents Chile’s first major advantage over other jurisdictions. Alongside Bolivia and Argentina, Chile lays claim to a geographic region known as the Lithium Triangle. Located in the Andes in South America, it contains an estimated 68 percent of the world’s identified lithium resources.

The Lithium Triangle is home to a series of vast salt flats, beneath which sit incredibly lithium-rich brine pools. More promising still is the climate of the region, which is known for being incredibly hot and dry. This represents a considerable boon for extraction operations, which typically rely on evaporative processes.

A powerful investment opportunity

Chile’s mining sector has leveraged its arid geography to great effect. The country’s Salar de Atacama salt flat is the largest-producing brine deposit in the world. It is also home to several major lithium brine operations.

One of these is owned and operated by Albemarle (NYSE:ALB). Currently the largest business provider of lithium for electric vehicle batteries, Albemarle also operates a lithium carbonate plant at La Negra. According to an Albemarle spokesperson, the company has a long history in Chile backed by a unique contract.

SQM (NYSE:SQM) operates another major lithium brine operation in the salt flat. As the world’s largest lithium producer overall, the company recently announced plans to reduce brine extraction in the region by 50 percent by 2030. This announcement came in tandem with a commitment to reduce water usage across all its operations by 40 percent.

Finally, just south of Salar de Atacama is situated the highest-quality lithium pre-production project in Chile. Maricunga is jointly owned by Lithium Power International (ASX:LPI), Minera Salar Blanco and Li3 Energy. Situated just 250 kilometers from Chile’s coast, and 170 kilometers from the mining town of Copiapo, it’s said to possess characteristics directly comparable to Atacama. Maricunga is also adjacent to Highway 31, which connects Northern Chile to Argentina.

The most significant challenge to Chile’s growth, from an investment perspective, is sociopolitical. Although the country has a history of being relatively friendly towards the mining sector, its current government is exploring new legislation that could nationalize both copper and lithium. A new mining royalty bill is also in the works, which could increase tax rates by up to 80 percent.

It’s worth noting that not every investor considers the current political climate to be a risk. South32 (ASX:S32), a spinoff of BHP (ASX:BHP), recently invested US$1.55 billion to purchase a 45 percent stake in the Sierra Gorda copper mine, and a lithium auction held by Chile earlier this year saw Chinese manufacturing company BYD acquire extraction rights for 80,000 metric tons of lithium.

Takeaway

Chile is home to the largest, richest and most valuable lithium deposits in the world. For many investors, the high margins and low cost of lithium extraction in Chile more than make up for the potential of a few political speed bumps.

This INNSpired article is sponsored by Lithium Power International (ASX:LPI). This INNSpired article provides information that was sourced by the Investing News Network (INN) and approved by Lithium Power International in order to help investors learn more about the company. Lithium Power International is a client of INN. The company’s campaign fees pay for INN to create and update this INNSpired article.

This INNSpired article was written according to INN editorial standards to educate investors.

INN does not provide investment advice and the information on this profile should not be considered a recommendation to buy or sell any security. INN does not endorse or recommend the business, products, services or securities of any company profiled.

The information contained here is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of securities. Readers should conduct their own research for all information publicly available concerning the company. Prior to making any investment decision, it is recommended that readers consult directly with Lithium Power International and seek advice from a qualified investment advisor.

LPI:AU

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