Lithium prices are expected to push even higher. For one, “To keep up with demand, every existing producer supplying the market today must double every two to three years for the next decade,” Eric Norris, President of Albemarle said. “No producer has been able to do that reliably to date.” Two, Sociedad Quimica y Minera’s Commercial Vice President, Lithium, says “The market needs about 200 to 300,000 tonnes of lithium every year (to meet demand) and that means that you need roughly 8 to 10 new projects coming on stream every year.” Three, according to the CEO of the International Council of Metals and Mineral Mining, Rohitesh Dhawan, as noted by Sky News, "We can see quite a large mismatch between demand and supply. We currently produce around 400,000 tonnes of lithium annually. By 2030, that's likely to (need to) jump to around two million tonnes. That’s all positive news for Infinity Stone Ventures Corp. (CSE: GEMS) (OTC: GEMSF), Albemarle Corporation (NYSE: ALB), Lithium Americas (NYSE: LAC) (TSX: LAC), American Lithium Corp. (TSXV: LI) (OTC: LIACF), and Piedmont Lithium (NASDAQ: PLL).
Look at Infinity Stone Ventures Corp. (CSE: GEMS) (OTC: GEMSF), For Example
Infinity Stone Ventures Corp’s mission is to be a diversified, single source supplier for the critical energy metals being used in the clean energy revolution alongside its established SaaS solution portfolio. Infinity Stone is meeting the demand from battery and wind turbine manufacturers, nuclear and hydrogen energy producers, and energy metals speculators by acquiring 100% interest in critical mineral deposits and occurrences in stable mining-friendly jurisdictions, close to final use destinations in North American manufacturing hubs.
Most recently, the company provided a general corporate update on the Company’s recent activities, initiatives and upcoming catalysts for growth. Infinity Stone has been active with exploration on its four core battery metal projects with extensive prospecting and preliminary work ahead of planned and ongoing drilling programs. The Company’s current drill program on the Rockstone Graphite Project has recovered its first core sample from the RS-22-01 drill hole, a twinned hole of the GC-12-01 discovery hole, which intercepted 25% Cg over 24 metres.
“Battery metals, and lithium specifically, have been one of the only performing asset classes over the past year, in a volatile economic climate driven by inflation and rising interest rates. We have stayed true to our goal of providing a diversified investment platform for battery metals and believe we are still in the early stages of a market that is about to take off”, said Zayn Kalyan, CEO of Infinity Stone Ventures. “It seems that on a nearly daily basis there are announcements of investment and development in the lithium-ion battery supply chain in North America. From new battery metal processing infrastructure to EV manufacturing plants, it is quickly becoming evident that Quebec and Ontario are at the epicentre of a major shift of investment from government and the private sector. With major manufacturers such as Tesla, Mercedes and VW making direct investment in battery metal mining and exploration companies, it is an unprecedented time to be in this industry, and Infinity Stone is ideally positioned,” furthered Mr. Kalyan.
Short-Term Catalysts for Growth
- Samples from Hellcat/Camaro, Galaxy and Zen-Whoberi currently in-lab awaiting assay
- Rockstone metallurgical work with SGS Labs, refining discovery core to battery grade, currently ongoing, 6 weeks till estimated program completion
- Rockstone Fall Drill Program underway to twin discovery GC-12-01 drill hole
- Extensive geophysics program planned for Camaro-Hellcat, Galaxy and Zen-Whoberi over next 30 days
- Further upcoming drill programs in Q1 2023
Investor Presentation
Schedule Call with Management
Recent News
- November 7, 2022 - Infinity Stone Engages with LGC Standards for Pegmatite Bulk Sample Processing
- November 2, 2022 - Infinity Stone Further Expands Galaxy Lithium Project with New Zone
- October 27, 2022 - Infinity Stone Provides Exploration Update on Camaro – Hellcat Lithium Project
- October 18, 2022 - Infinity Stone to Commence Drilling on Rockstone Graphite Project
- October 13, 2022 - Infinity Stone Expands with New Claim Block Adjacent to Hellcat Lithium Project in James Bay Lithium District
- October 12, 2022 - Infinity Stone Expands Galaxy Lithium Project in Quebec
- October 6, 2022 - Infinity Stone Announces Change of Symbol on OTCQB to GEMSF
- October 5, 2022 - Infinity Stone Closes $2.1M Private Placement and Intention to Dual List of ASX
- September 22, 2022 - Infinity Stone to Commence Trading On OTCQB Under Symbol ‘TLOOF’
- September 20, 2022 - Infinity Stone Commences Exploration Program at Camaro Lithium Project in James Bay, Quebec, Contracts Axiom Exploration Group
- September 16, 2022 - Infinity Stone Discovers 15.5% Copper from New Zone at Zen-Whoberi Project
- September 12, 2022 - Infinity Stone Engages SGS Labs To Upgrade Rockstone Graphite To EV Battery-Grade
- Media Articles and Features
- November 7, 2022 - Infinity Stone Engages with LGC Standards for Pegmatite Bulk Sample Processing
- November 4, 2022 - Infinity Stone supplies 150kg pegmatite sample from Galaxy to be processed into CRM
- November 3, 2022 - Infinity Stone Ventures expands claims at Galaxy project in Quebec showing a "sea of pegmatites"
- November 3, 2022 - Infinity Stone Ventures (CSE: GEMS)(OTC: GEMSF) CEO Zayn Kalyan on De-Risking & Advancing A Critical Metals Portfolio to Help Meet Surging Demand
- November 2, 2022 - Infinity Stone $GEMS Is Collecting Minerals For EV Batteries That Iron Man & The Avengers Would Envy
- November 2, 2022 - Infinity Stone Further Expands Galaxy Lithium Project with New Zone
- October 21, 2022 - Zayn Kalyan: Lithium shortage will require more mining to speed the production of electric vehicles
- October 20, 2022 - Infinity Stone Ventures Corp. (OTCQB: GEMSF | CSE: GEMS): Virtual Investor Conferences
- October 17, 2022 - Infinity Stone Ventures (CSE: GEMS)(OTC: GEMSF) CEO Zayn Kalyan on Unlocking Key Battery Metals Via Multiple High-Potential Projects in the Tier-One Jurisdictions of Ontario and Quebec, Canada
- October 7, 2022 - Infinity Stone Ventures Draws Australian Support for 2.1M Raising
- October 6, 2022 - Infinity Stone (CSE:GEMS) closes $2.1M private placements and announces intention to dual list on ASX
- October 2, 2022 - Thanos Would Be Jealous Of This Critical Minerals Collection | Infinity Stone $GEMS
- September 29, 2022 - Infinity Stone Ventures Kicks Off Its Grand Canada Lithium Adventure
Other related developments from around the markets include:
Albemarle Corporation announced that it has declared a quarterly dividend of $0.395 per share. The dividend, which has an annualized rate of $1.58, is payable January 3, 2023, to shareholders of record at the close of business as of December 16, 2022.
Lithium Americas announced it has entered a Community Benefits Agreement with the Fort McDermitt Paiute and Shoshone Tribe. The Tribe is located approximately 40 miles from the Thacker Pass project, in Humboldt County, Nevada. The CBA establishes a framework for continued collaboration and defines the long-term benefits for the Tribe, the largest Native American community within the vicinity of the Project. "We are pleased to have the support of the Fort McDermitt Paiute and Shoshone Tribe as we advance Thacker Pass towards construction and look forward to generations of future collaboration,” said Jonathan Evans, President and CEO. “The signing of the CBA is a testament to our Company’s commitment to go beyond our regulatory requirements and to form constructive relationships with the communities closest to our projects. We are focused on being a good neighbor, hiring locally and providing the job training to prepare Tribe members for long-term, family-supporting careers critical to developing a North American battery supply chain.”
American Lithium Corp. commenced an Environmental Impact Assessment hydrology drilling program (designed by SRK Peru and EDASI SAC) at its wholly owned Falchani lithium project in Southern Peru. The Company also announces it has engaged DRA Global and Stantec Inc. to jointly produce an updated Preliminary Economic Assessment for Falchani. The updated PEA will focus on incorporating Sulphate of Potash and Cesium by-products, the material increases in lithium carbonate pricing and the results of the current drilling.
Piedmont Lithium, a leading global developer of lithium resources critical to the U.S. electric vehicle supply chain, announced that Atlantic Lithium has completed infill and exploration drilling for their flagship Ewoyaa project in Ghana. The assay results confirm high-grade mineralization, providing further confidence in resource conversion and possible mine life extension. Piedmont is earning a 50% interest in Atlantic Lithium’s spodumene projects in Ghana. This agreement includes an offtake agreement for 50% of annual production at market prices on a life-of-mine basis. Piedmont also owns a 9.4% equity interest in Atlantic Lithium. Piedmont President and Chief Executive Officer Keith Phillips commented, “The drill results at Ewoyaa continue to be very impressive with high lithium grades over broad widths and near surface. We are working closely with our partners at Atlantic Lithium to publish a definitive feasibility study for the Ewoyaa project in the first half of 2023, and these final drill results are expected to lead to an extended mine life and even stronger economics for this world-class project. When fully operational, the Ewoyaa project will be a primary supplier of spodumene concentrate for lithium hydroxide conversion in Tennessee, and it is promising to see both projects progressing so favorably.”
Legal Disclaimer / Except for the historical information presented herein, matters discussed in this article contains forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Winning Media is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. For making specific investment decisions, readers should seek their own advice. Winning Media is only compensated for its services in the form of cash-based compensation. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for Infinity Stone Ventures Corp. by Infinity Stone Ventures Corp. We own ZERO shares of Infinity Stone Ventures Corp. Please click here for full disclaimer.
Contact Information:
Ty Hoffer
Winning Media
281.804.7972
[email protected]
