Global Lithium Market Overview - The global lithium market is projected to reach approximately $28.45 billion by 2033, driven by a robust compound annual growth rate (CAGR) of 12.50% [1] - A shift toward a lithium supply deficit is forecasted by 2027, with 2025 potentially marking the peak of the current oversupply [1] - The surplus of lithium carbonate equivalent (LCE) is expected to decrease to 80,000 tonnes in 2025, down from nearly 150,000 tonnes in 2024 [2] - Benchmark analysts highlight the need for $116 billion in investments by 2030 to meet anticipated electric vehicle (EV) production targets [2] Lithium South Development Corporation (TSXV:LIS) (OTC:LISMF) - The company signed a Letter of Intent (LOI) with a private European corporation for the cooperative development of its flagship Hombre Muerto North Lithium Project (HMN Li Project) in Argentina [3] - The partner will procure a capital loan of up to US$10 million for the completion of a Definitive Feasibility Study (DFS) and will fund 80% of the CAPEX as defined in the DFS [4] - Lithium South provided an update on the HMN Li Project, with technical teams harvesting concentrated brine from pilot evaporation ponds [5] - The company is in continuing discussions with interested parties, which likely led to the announced LOI [6] - The HMN Li Project is noted for its solid lithium resource and industry-leading brine chemistry, with recent M&A activity underscoring its value proposition [7] Arcadium Lithium plc (NYSE: ALTM) - The company moved closer to being acquired by Rio Tinto after receiving clearance from the Committee on Foreign Investment in the United States (CFIUS) [7] - Shareholders approved the acquisition, with the CEO expressing confidence in the transaction's future benefits [8] Sigma Lithium Corporation (NASDAQ: SGML) - The company exceeded its Q4 2024 targets with 75,000 tonnes of quintuple zero green lithium produced and is positioned to surpass 270,000 tonnes in 2025 [8][9] - Sigma Lithium's Greentech Industrial Plant is delivering lithium materials aligned with the ethos of EV consumers, reinforcing confidence in surpassing 2025 production targets [9] Lithium Americas Corp. (NYSE: LAC) (TSX: LAC) - The company increased its Mineral Resource and Reserve for its Thacker Pass project in Nevada, with a Proven and Probable mineral reserve estimate of 14.3 million tonnes LCE, a 286% increase from the 2022 Feasibility Study [10] - The Measured and Indicated mineral resource estimate is 44.5 million tonnes LCE, a 177% increase [10] - Thacker Pass is now the largest measured lithium reserve and resource in the world, with potential to generate American jobs and increase domestic production of critical minerals [11] Atlas Lithium Corporation (NASDAQ: ATLX) - The company is advancing its Neves Project in Brazil's Lithium Valley, with recent additions to its team and expansion of its Asian market presence [11] - Atlas Lithium has assembled Brazil's largest portfolio of lithium mineral rights among publicly listed companies, with the Neves Project advancing towards production [12] - The Neves Project is distinguished by large spodumene crystals, which should enable a streamlined production process and deliver lithium concentrate with minimal impurities [13]
Lithium's Role in the Energy Revolution to Regain Momentum in 2025