Core Viewpoint - E3 Lithium Ltd. has filed its unaudited consolidated financial statements for the three-month period ended September 30, 2025, along with the Management Discussion and Analysis (MD&A) [1] Financial Performance - The financial statements and MD&A are available on SEDAR and the company's updated corporate presentation [1]

VANCOUVER, BC / ACCESS Newswire / November 20, 2025 / Lithium South Development Corporation (the "Company" or "Lithium South") (TSX-V:LIS)(OTCQB:LISMF)(Frankfurt:OGPQ) is pleased to provide an update to the Share Purchase Agreement ("SPA") with POSCO Argentina S.A.U. as previously announced July 30, 2025, August 7, 2025, and November 12, 2025. ...

Core Points - NOA Lithium Brines Inc. has increased the size of its private placement from gross proceeds of C$4,000,000 to C$5,500,000 due to strong investor demand [1] Company Summary - The company is engaged in a "bought deal" private placement, indicating a commitment from underwriters to purchase the offering [1]

Core Viewpoint - LithiumBank Resources Corp. is advancing its Boardwalk Lithium Brine Project by acquiring a second well to facilitate near-term lithium production and unlock CAD $3.9 million in funding through the Emissions Reduction Act [1][4]. Group 1: Project Development - The company has initiated a comprehensive work program to unlock funding from the Province of Alberta, focusing on modular Direct Lithium Extraction (DLE) plants to reduce upfront capital and utilize existing infrastructure [1][4]. - The acquisition of a second suspended well is expected to support near-term lithium-brine production, leveraging abundant historical production data and existing infrastructure [2][3]. - The company aims to complete a Feasibility Study by the end of 2026, which will assess a low capital expenditure, modular approach to lithium production [4][7]. Group 2: Funding and Milestones - To qualify for reimbursement from the ERA, the company must complete three milestones, with the acquisition of the new well initiating the first milestone [4]. - The ERA Program will refund 50% of eligible expenditures for each milestone, up to a total of CAD $3.9 million [4]. Group 3: Resource Position - LithiumBank is the largest known holder of lithium brine resources in North America, with the highest-grade resource estimates in Alberta [5]. - The company has consolidated strategic Brine Hosted Mineral Licenses covering the Leduc formation, facilitating a clearer path toward permitting for lithium production [5]. Group 4: Future Plans - Future plans include completing an additional exploration drill hole, conducting long cycle DLE testing, and optimizing plant parameters [7].

VANCOUVER, British Columbia, Nov. 20, 2025 (GLOBE NEWSWIRE) -- UNITED LITHIUM CORP. (“United Lithium” or the “Company”) (CSE: ULTH; OTCQX: ULTHF; FWB: 0ULA) is pleased to announce that it has closed its previously announced non-brokered private placement (the “Offering”) for gross proceeds of $2,250,000, through the issuance of 15,000,000 units (each, a “Unit”) at a price of $0.15 per Unit. Each Unit consists of one common share (a “Share”) and one common share purchase warrant (a “Warrant”). Each Warrant e ...

Core Insights - MAX Power Mining Corp. has appointed Andrew Bowering as a Special Advisor, enhancing its Advisory Board as the company aims to establish a global presence in the Natural Hydrogen sector [1][2][12] - Bowering brings over 30 years of experience in mineral exploration and development, having co-founded Millennial Lithium Corp. and played key roles in various successful transactions [3][12] - The company is executing Canada's first multi-well drill program dedicated to Natural Hydrogen, positioning itself as a leader in this emerging market [2][12] Company Developments - The Advisory Board, chaired by Brent Dunlop, includes experts in geological, engineering, distribution, and capital markets, providing a comprehensive support system for MAX Power's initiatives [4][8] - MAX Power is also advancing its Willcox Playa Lithium Project in Arizona, which is expected to complement its Natural Hydrogen efforts [6][12] - The company is preparing to provide updates on its Natural Hydrogen well drilling activities, with significant progress anticipated [13][16] Strategic Importance - Bowering's appointment is seen as crucial for navigating capital markets and structuring growth stories, which will benefit MAX Power's shareholders [5][12] - The combination of Bowering's expertise and the existing Advisory Board's knowledge strengthens the company's position in both Natural Hydrogen and lithium sectors [8][12] - MAX Power's focus on decarbonization and its substantial land position in Saskatchewan (approximately 1.3 million acres) underscores its commitment to becoming a key player in the Natural Hydrogen market [15][16]

1. Report Industry Investment Rating - Not provided in the content 2. Core Viewpoints of the Report - The price of lithium carbonate is expected to fluctuate more widely in the future, with the futures price likely to "swing widely" between 82,000 - 100,000 yuan/ton this week, and short - term correction risks should be watched out for [3][5] - The lithium ore supply may be alleviated as the expected arrival of lithium concentrate this month is high, and the resumption of "Jianxiaowo" is a key variable affecting supply. The current demand is strong, but there are seasonal fluctuations in downstream production, and whether the production of energy - storage cells can make up for the decline in power cells is the focus [3] - The concentrated cancellation of warehouse receipts at the end of November needs attention, as a significant reduction in warehouse receipts may cause market speculation and directly impact the price of lithium carbonate [5] 3. Summary by Relevant Catalogs 3.1 Futures Data - **Futures Price Forecast**: The strong resistance level of the lithium carbonate LC2601 contract is 100,000 yuan/ton, with a current 20 - day rolling volatility of 48.6% and a 3 - year historical percentile of 84.1% [2] - **Futures Contract Data**: The closing price of the main lithium carbonate futures contract is 98,980 yuan/ton, down 320 yuan (-0.32%) daily and up 11,140 yuan (12.68%) weekly. The trading volume is 1,595,646 lots, down 171,782 lots (-9.72%) daily and up 489,635 lots (44.27%) weekly. The open interest is 479,602 lots, down 23,530 lots (-4.68%) daily and down 56,912 lots (-10.61%) weekly [8] - **Spread Data**: LC2601 - LC2603 is -180 yuan/ton, down 180 yuan (-100.00%) daily and down 660 yuan (-137.50%) weekly; LC2601 - LC2605 is -1,140 yuan/ton, up 20 yuan (-1.72%) daily and up 900 yuan (375.00%) weekly; LC2603 - LC2605 is -960 yuan/ton, up 200 yuan (-17.24%) daily and up 240 yuan (33.33%) weekly [8] - **Warehouse Receipt Data**: The total number of Guangzhou Futures Exchange lithium carbonate warehouse receipts is 26,916 lots, up 150 lots (0.56%) daily and down 592 lots (-2.15%) weekly [8] 3.2 Spot Data - **Lithium Ore and Salt Prices**: The prices of various lithium ores and salts have increased. For example, the price of industrial - grade lithium carbonate is 88,900 yuan/ton, up 2,400 yuan (2.77%) daily; the price of battery - grade lithium carbonate is 91,300 yuan/ton, up 2,400 yuan (2.70%) daily [24] - **Price Difference Data**: The difference between battery - grade and industrial - grade lithium carbonate is 2,400 yuan/ton, unchanged daily and up 50 yuan (2.13%) weekly; the difference between battery - grade lithium carbonate and battery - grade lithium hydroxide is 10,720 yuan/ton, up 900 yuan (9.16%) daily and up 2,550 yuan (31.21%) weekly [28] 3.3 Basis and Warehouse Receipt Data - **Basis Data**: The basis of the main lithium carbonate contract and the brand - based basis of different companies are provided. For example, the basis of Shengxin Lithium Energy is -300 yuan/ton, and that of Tianqi Lithium is 0 yuan/ton [34] - **Warehouse Receipt Data**: The total number of warehouse receipts is 26,916 lots, an increase of 150 lots from yesterday. The warehouse receipts of Xiangyu Speed - Transfer Shanghai increased by 150 lots, while those of Shanghai State Reserve and Xiamen Jianyida (Jianfa Shanghai) decreased [36][37] 3.4 Cost and Profit - **Production Profit**: The production profit of lithium carbonate from purchased lithium concentrate and lithium mica is presented, as well as the import profit and theoretical delivery profit of lithium carbonate, with fluctuations in different time periods [38][40] 3.5 Lithium - Battery Enterprise Risk Management Strategy - **Procurement Management**: For enterprises with no correlation between product prices, strategies include buying 10% of far - month futures contracts, selling 10% of LC2601 - P - 80,000, and using an option combination strategy (selling put options + buying call options) with a 20% ratio. For those with product price correlation, 60% of the main futures contracts should be sold according to the procurement progress, and a combination option strategy (buying put options + selling call options) with a 30% ratio is recommended [2] - **Sales Management**: To prevent price drops and profit reduction, enterprises should sell futures contracts when obtaining lithium ore. For example, sell 30% of LC2601 - C - 100,000 and use a combination option strategy (buying put options + selling call options) with a 30% ratio [2] - **Inventory Management**: Enterprises with high lithium carbonate inventory should short futures contracts according to inventory, such as selling 60% of the main futures contracts and 30% of LC2601 - C - 100,000 [2]

Core Viewpoint - The lithium mining sector has experienced a significant surge, driven by strong demand for energy storage and steady growth in the electric vehicle market, with lithium carbonate futures reaching a new high since June 2024 [1] Group 1: Market Performance - As of the latest trading session, companies such as ZG Co., Ltd. and JY Co., Ltd. have hit the daily limit up, with ZG Co., Ltd. rising by 20% and JY Co., Ltd. achieving a four-day consecutive limit up [1] - Other companies like Shengxin Lithium Energy and Dazhong Mining also reached their daily limit up, while Ganfeng Lithium and Salt Lake Co. saw increases of over 4% [1] Group 2: Lithium Carbonate Price Dynamics - The main contract for lithium carbonate futures has surpassed 100,000 yuan per ton, marking a new high since June 2024 [1] - Analysts attribute the recent price surge to optimistic market expectations regarding energy storage demand for the upcoming year, alongside the steady growth of the electric vehicle market [1] Group 3: Energy Storage Market Insights - The strategic cooperation agreement between Haibo Shichuang and CATL involves a commitment to purchase no less than 200 GWh of electricity from 2026 to 2028, indicating a robust outlook for the energy storage market [1] - The domestic energy storage industry is expected to see a cumulative demand exceeding 2,000 GWh, with an average annual demand reaching around 100 GWh [1] - The energy storage sector in China is projected to have a sustained growth cycle of 3 to 5 years, driven by the transition in energy structure and the rapid rise of independent energy storage solutions [1] Group 4: Future Growth Drivers - The demand for energy storage is anticipated to grow significantly due to the explosive growth of AI-driven data centers, which require high power and have substantial fluctuations, necessitating energy storage for grid stability [1] - The overseas energy storage market is expected to see an annual growth rate of 40% to 50% over the next two to three years, becoming a primary driver for lithium carbonate demand [1]

Core Insights - The United States has added 10 minerals, including uranium, to its critical list, prompting global investments of $6.4 billion across 26 strategic projects to secure supply chains [1][2] - The critical minerals sector is projected to grow from $328 billion in 2024 to $586 billion by 2032, indicating significant market potential [3][4] Company Developments - Homeland Uranium Corp. has completed the acquisition of the Skull Creek Project in Colorado, enhancing its control over the Cross Bones Uranium Deposit and its existing Coyote Basin Project [3][4] - The Coyote Basin Project has shown promising results, with a Phase I program confirming a 14-kilometer uranium strike length, situated in a historically productive region [5] - The company has received necessary permits to commence drilling at Coyote Basin and has filed for exploration work at Skull Creek, positioning itself for rapid advancement [4][9] Strategic Positioning - Homeland Uranium aims to leverage its strategic location in Colorado, which has favorable mining regulations, to enhance operational synergies between its projects [4][8] - The company is focused on acquiring quality assets, obtaining drilling permits, and upgrading historical resource estimates to modern standards [8][9] - With rising uranium prices and increasing support for nuclear energy, Homeland is well-positioned to address domestic supply chain concerns [7][9]

Financial Data and Key Metrics Changes - The company experienced a favorable pricing environment for lithium, with realized average prices increasing compared to the previous period [4][5] - The total capital expenditure (CAPEX) for 2025-2027 is estimated at $2.7 billion, reflecting a focus on increasing production capacity and maintaining low costs [7][44] Business Line Data and Key Metrics Changes - Lithium sales volumes reached the highest in SQM's history, supported by low costs and strong efficiencies at Atacama operations [5] - Iodine prices remained high, averaging close to $73 per kilogram, with a balanced supply-demand environment [6][7] - The specialty plant nutrition business showed sustainable growth in both volumes and revenues compared to the previous year [6] Market Data and Key Metrics Changes - Global lithium demand is expected to exceed 1.5 million metric tons in 2025, representing over 25% growth, driven by strong EV sales and energy storage systems [11][51] - China is projected to maintain a significant lead in EV markets with a 30% year-on-year growth, accounting for over 60% of global EV sales [11] Company Strategy and Development Direction - The company is focused on high-quality production, increasing volumes, and advancing cost reduction initiatives [4][5] - The construction of a seawater pipeline is over 80% complete, which will enhance iodine production capacity [6] - The company is expanding its iodine production capacity through a new operation in MarÃa Elena, adding 1,500 tons of iodine capacity [6][7] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism about the lithium market despite its volatility, expecting the positive pricing trend to continue [4] - The company anticipates robust commercial activity in the fourth quarter, with strong demand fundamentals for lithium [5] - Management highlighted the importance of maintaining a strong balance sheet and commitment to investment-grade ratings [29] Other Important Information - The joint venture with Codelco received approval from China's Antitrust Authority, with expectations to advance the partnership by the end of the year [8] - The company is evaluating the expansion of production capacity in China, with plans to increase lithium sulfate production [25] Q&A Session Summary Question: Insights on lithium demand, particularly in China - Management noted improved demand expectations for 2025, driven by strong EV sales and energy storage systems, with China leading in EV markets [11] Question: Production expectations for lithium in Chile and Australia - The company expects to produce close to 230,000 tons of lithium from Atacama, with an increase in spodumene concentrate sales projected [15][16] Question: Impact of Kwinana Hydroxide Conversion Plant on pricing - Management indicated that the international price for lithium is expected to rise closer to the Chilean price as the Kwinana plant ramps up production [18][19] Question: Update on the Codelco joint venture - The agreement with Codelco is expected to be finalized soon, with a dividend to be paid based on the tonnage belonging to Codelco [24][61] Question: Expectations for iodine market conditions - Management expects tight supply and demand conditions for iodine to persist, with prices likely to remain above $70 per kilogram [56]