Articles for tag: lithiummarketmodestrecovery

January 13, 2025

Ron Finklestien

mining

“Forecast for Lithium Market: Gradual Recovery Expected by 2025”

Growth and Challenges in the Lithium Market: What’s Ahead for 2025 In recent years, lithium prices have dropped approximately 80% from their peak levels due to an influx of new supply. Producers in Australia and other regions are still adjusting to these changes and their impacts on the market. According to Adamas Intelligence, a battery metal and EV consultancy based in Toronto, the Asia Pacific region, especially China, is projected to continue leading the global EV market. Currently, electric vehicles (EVs) make up more than 50% of all vehicle sales in China. While there is optimism for a rebound in

February 6, 2024

Ron Finklestien

mining

The Dichotomy of Junior Mining: A Revealing Look at Fundraising Data

Kai Hoffman, CEO of Soar Financial, captivated the audience at the Vancouver Resource Investment Conference in January. He painted a surprising picture of the junior mining sector, debunking the prevailing pessimism by revealing compelling fundraising data. Despite the prevailing despondency, Hoffman’s insights shed light on a surprisingly positive aspect of the industry. According to the CEO, the total funds raised in the previous year were actually quite substantial. However, he points out a notable “bifurcation” in the market that warrants closer examination. Highlighting the bifurcation, Hoffman emphasized that the cash raised in the past year gravitated towards developers and late-stage

February 2, 2024

Ron Finklestien

mining

Merger Talks Spark as Rare Earth Market Fluctuates Merger Talks Spark as Rare Earth Market Fluctuates

Amidst a volatile rare earth market, both Lynas, based in Western Australia, and MP Materials, operating from California’s Mountain Pass, have been grappling with daunting challenges spawned by the steep decline in rare earth prices. MP’s shares have nosedived by over 50% in the past year, whereas Lynas witnessed a staggering decline of approximately 40%. The recent embargo imposed by China on the export of rare earth extraction and separation technologies has been sparking fervid speculation, apparent in its quest to sustain its market supremacy amidst worsening relations with the US – a suitor thirsty for the rare earth elements.

January 10, 2024

Ron Finklestien

Gemfields Unveils the Growing Popularity of Rubies in the Chinese Market Gemfields Unveils the Growing Popularity of Rubies in the Chinese Market

Positive Reception from Chinese Consumers Amidst post-pandemic uncertainties, Chief executive Sean Gilbertson disclosed that the new research reflected an unprecedented demand for rubies as it symbolizes protection, prosperity, and passion. The report unveiled an insatiable thirst for rubies, presenting a unique opportunity for gem producers. Gemfields’ marketing and communications director, Emily Dungey, noted that Chinese consumers exhibited a fervent passion for rubies, citing the gemstone’s symbolism of protection, prosperity, and passion. Gemfields’ second Chinese consumer report. (Image courtesy of Gemfields.) Market Preferences and Potential of Ruby Products According to the report, Chinese consumers exhibited a distinct preference for rubies, aligning