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Strike Resources (ASX:SRK) spins off battery mineral assets with $9M Lithium Energy IPO

Strike Resources (ASX:SRK) spins off battery mineral assets with $9M Lithium Energy IPO
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Iron ore miner Strike Resources (SRK) has successfully spun out its lithium and graphite assets into a new entity dubbed Lithium Energy (LEL)
After completing a $9 million initial public offering (IPO) on April 29, Lithium Energy will emerge with a $16 million market cap and shares worth 20 cents each
Strike shareholders were given priority for LEL subscriptions under the IPO, which the company said were significantly oversubscribed
As such, SRK shareholders will keep their full entitlements under the IPO, while public subscribers who were not part of the priority offer will have their subscriptions scaled back ....

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11 Best Lithium Stocks To Buy Now

In this article, we will take a look at the 11 best lithium stocks to buy now. You can skip our detailed discussion of the lithium market, its outlook and the role it is playing in the EV revolution and go to 5 Best Lithium Stocks to Buy Now. Lithium is one of the most […] ....

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11 Best Lithium Stocks To Buy Now - Insider Monkey

11 Best Lithium Stocks To Buy Now
In this article, we will take a look at the 11 best lithium stocks to buy now. You can skip our detailed discussion of the lithium market, its outlook and the role it is playing in the EV revolution and go to
Lithium is one of the most in-demand commodities across the globe given its immense use and benefits, especially in the battery market. According to a report by Deloitte, analysts have a consensus that the demand for lithium will double or even triple by 2030. Most of this demand will be coming from electric car companies. The same report said that the EV market is set to grow exponentially over the next two decades, fueled by a global push to achieve net-zero carbon emissions and cost-effectiveness of electric cars. According to a report by U.S. Geological Survey, batteries account for about 70% of lithium consumption worldwide, followed by ceramics & glass (14%). ....

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15 Biggest Lithium Mining Companies in the World

15 Biggest Lithium Mining Companies in the World
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Nevada business leaders discuss climate action

Nevada business leaders discuss climate action
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