{"id":10212,"date":"2024-05-28T06:37:16","date_gmt":"2024-05-28T06:37:16","guid":{"rendered":"https:\/\/economicherald.net\/?p=10212"},"modified":"2024-05-28T06:37:16","modified_gmt":"2024-05-28T06:37:16","slug":"eye-on-lithium-you-lose-some-you-winsome-wr1-gives-off-tier-1-vibes","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=10212","title":{"rendered":"Eye on Lithium: You lose some you Winsome? WR1 gives off Tier 1 vibes"},"content":{"rendered":"<p>Yep, the lithium \u201cspod price\u201d appears to in a bit of a funk at the moment. Again<br \/>\nBut\u2026 here\u2019s some good news from Tier 1 hopeful Winsome Resources<br \/>\nAlso up today in ASX lithium land: Greenwing and, well, not too much else<\/p>\n<p>\u00a0<\/p>\n<p>Gold, copper and silver, hell, even the odd REE may have supplanted lithium in the ressie news of late, but don\u2019t discount lithium just yet, or at all.<\/p>\n<p>Especially if you still believe electric vehicles are a massive part of an energy-transformed future and the resource has a huge role to play in that \u2013 irrespective of tech challengers, such as sodium-ion.<\/p>\n<p>Look here \u2013 the world\u2019s biggest manufacturer\/seller of EVs, BYD is pushing into Europe (as of next year at least) with its cheap as chips Dolphin Mini runabout. If the even-cheaper Seagull spreads its wings further over there, too, it\u2019ll put the legacy car makers in even more of a flap.<\/p>\n<p>\u00a0<\/p>\n<p>In <a href=\"https:\/\/twitter.com\/hashtag\/Mexico?src=hash&amp;ref_src=twsrc%5Etfw\">#Mexico<\/a> the <a href=\"https:\/\/twitter.com\/hashtag\/Seagull?src=hash&amp;ref_src=twsrc%5Etfw\">#Seagull<\/a>, renamed Dolphin Mini, has been sold for around 18,250 euros since February 2024 \u2013 all this despite the fact that Mexico does not yet have an advanced network of chargers. <a href=\"https:\/\/twitter.com\/hashtag\/BYD?src=hash&amp;ref_src=twsrc%5Etfw\">#BYD<\/a> now prepares to sell it in <a href=\"https:\/\/twitter.com\/hashtag\/Europe?src=hash&amp;ref_src=twsrc%5Etfw\">#Europe<\/a>.<a href=\"https:\/\/t.co\/o6dWnjOq4F\">https:\/\/t.co\/o6dWnjOq4F<\/a><a href=\"https:\/\/twitter.com\/hashtag\/lithium?src=hash&amp;ref_src=twsrc%5Etfw\">#lithium<\/a><\/p>\n<p>\u2014 Juan Carlos Zuleta (@jczuleta) <a href=\"https:\/\/twitter.com\/jczuleta\/status\/1795155140137173240?ref_src=twsrc%5Etfw\">May 27, 2024<\/a><\/p>\n\n<p>\u00a0<\/p>\n<p>Meanwhile, it has to be said, the Chinese-sponsored lithium \u201cspot\u201d price is looking a little flat to droopy this week.<\/p>\n<p>\u00a0<\/p>\n<p>2024-05-28<a href=\"https:\/\/twitter.com\/hashtag\/Lithium?src=hash&amp;ref_src=twsrc%5Etfw\">#Lithium<\/a> Carbonate 99.5% Min China Spot<\/p>\n<p>Price: $14,669.40<br \/>1 day: $-27.60 (-0.19%) <br \/>YTD: 7.22%<a href=\"https:\/\/twitter.com\/hashtag\/Spodumene?src=hash&amp;ref_src=twsrc%5Etfw\">#Spodumene<\/a> Concentrate (6%, CIF China)<\/p>\n<p>Price: $1,112.00<br \/>1 day: $0.0 (0.0%) <br \/>YTD: -15.44%<\/p>\n<p>Sponsored by <a href=\"https:\/\/twitter.com\/portofino_POR?ref_src=twsrc%5Etfw\">@portofino_por<\/a><a href=\"https:\/\/t.co\/YPxNq33P9R\">https:\/\/t.co\/YPxNq33P9R<\/a><\/p>\n<p>\u2014 Lithium Price Bot (@LithiumPriceBot) <a href=\"https:\/\/twitter.com\/LithiumPriceBot\/status\/1795319145107468736?ref_src=twsrc%5Etfw\">May 28, 2024<\/a><\/p>\n\n<p>\u00a0<\/p>\n<p>But here\u2019s something locally positive. A couple of notable ASX lithium stocks enjoying some decent news so far this week\u2026<\/p>\n<p>\u00a0<\/p>\n<h2><a href=\"https:\/\/stockhead.com.au\/company\/winsome-resources-wr1\/\"><strong>Winsome Resources (ASX:WR1)<\/strong><\/a><\/h2>\n<p>This James Bay-focused (Quebec, Canada) $244m market capper is in the green today after announcing a significant increase of the Mineral Resource Estimate (MRE) at its Adina lithium project.<\/p>\n<p>It\u2019s talking a 33% increase to\u00a077.9 million tonnes with a higher-grade lithium content to boot \u2013 at 1.15% Li2O.<\/p>\n<p>It\u2019s a big upgrade, with an uptick in lithium carbonate equivalent (LCE) to 2.21Mt Lithium and, says the company, confirms Adina\u2019s positioning as \u201cone of the largest undeveloped lithium deposits in the world\u201d.<\/p>\n<p>The company notes, too, that 61.4Mt at 1.14% Li2O in the higher confidence Indicated category derived from systematic<br \/>\ndrilling is a strong foundation for long-life project feasibility studies.<\/p>\n<p>Winsome\u2019s MD Chris Evans is upbeat, stating:<\/p>\n<p>\u201cThe update to the MRE affirms the significance of our global resource and solidifies our position and strategic location at the heart of the green energy industry and EV supply chain in North America.<\/p>\n<p>\u201cTo increase the resource by almost 20Mt while also enhancing our grade and resource category is an exceptional outcome from our latest phase of systematic drilling. In particular the grade which has been defined close to surface in the Main Zone is a key advantage as we progress the Adina Lithium Project.\u201d<\/p>\n<p>Tier One vibes.<\/p>\n<p>\u00a0<\/p>\n<p>Congrats <a href=\"https:\/\/twitter.com\/ChrisEinPerth?ref_src=twsrc%5Etfw\">@ChrisEinPerth<\/a> and team on today&#8217;s great news.<\/p>\n<p>Bigger, higher grade, higher confidence, near surface.<\/p>\n<p>Adina Lithium:<br \/>Tier One project<br \/>Tier One location <br \/>Tier One management<\/p>\n<p>In <a href=\"https:\/\/twitter.com\/hashtag\/lithium?src=hash&amp;ref_src=twsrc%5Etfw\">#lithium<\/a> you win some, you lose some and you <a href=\"https:\/\/twitter.com\/winsome?ref_src=twsrc%5Etfw\">@WInsome<\/a>, again\u2026<a href=\"https:\/\/twitter.com\/hashtag\/WR1?src=hash&amp;ref_src=twsrc%5Etfw\">#WR1<\/a>.AX $WR1<\/p>\n<p>Not advice.\u2026 <a href=\"https:\/\/t.co\/tCDDFAUtyV\">https:\/\/t.co\/tCDDFAUtyV<\/a><\/p>\n<p>\u2014 Howard Klein (@LithiumIonBull) <a href=\"https:\/\/twitter.com\/LithiumIonBull\/status\/1795291403787927570?ref_src=twsrc%5Etfw\">May 28, 2024<\/a><\/p>\n\n<p><span class=\"mce_SELRES_start\">\ufeff<\/span><span class=\"mce_SELRES_start\">\ufeff<\/span><span class=\"mce_SELRES_start\">\ufeff<\/span><span class=\"mce_SELRES_start\"><\/span>\u00a0<\/p>\n<h2><a href=\"https:\/\/stockhead.com.au\/company\/greenwing-resources-gw1\/\"><strong>Greenwing Resources (ASX:GW1)<\/strong><\/a><\/h2>\n<p>This exploration junior meanwhile is faring decently today, too. Up just about double digits on news of its maiden Mineral Resource Estimate (MRE) at its San Jorge Lithium Project in Argentina.<\/p>\n<p>That\u2019d be an MRE of 0.67 Mt of Indicated Resources and 0.4 Mt of Inferred Resources, for a combined total of 1.07 Mt of Lithium Carbonate Equivalent (LCE).<\/p>\n<p>The company also notes positive specific yield porosity values from lab testing and downhole geophysics<br \/>\nmeasurements, with values averaging 7.4 % in the volcanics and sediments.<\/p>\n<p>A phase 2 drilling program is now being planned.<\/p>\n<p>\u00a0<\/p>\n\n<p><span class=\"mce_SELRES_start\">\ufeff<\/span><span class=\"mce_SELRES_start\">\ufeff<\/span><span class=\"mce_SELRES_start\">\ufeff<\/span><span class=\"mce_SELRES_start\"><\/span>\u00a0<br \/>\n<span class=\"et_bloom_bottom_trigger\"><\/span><\/p>\n<p>The post <a href=\"https:\/\/stockhead.com.au\/resources\/eye-on-lithium-you-win-some-you-lose-some-at-least-wr1-is-up-on-tier-1-vibes\/\">Eye on Lithium: You lose some you Winsome? WR1 gives off Tier 1 vibes<\/a> appeared first on <a href=\"https:\/\/stockhead.com.au\/\">Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Yep, the lithium \u201cspod price\u201d appears to in a bit of a funk at the moment. Again But\u2026 here\u2019s some good news from Tier 1 <a href=\"https:\/\/economicherald.net\/?p=10212\" class=\"read-more-link\">[more&#8230;]<\/a><\/p>\n","protected":false},"author":0,"featured_media":10213,"comment_status":"","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-10212","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Eye on Lithium: You lose some you Winsome? WR1 gives off Tier 1 vibes - Economic Herald<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/economicherald.net\/?p=10212\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Eye on Lithium: You lose some you Winsome? WR1 gives off Tier 1 vibes - Economic Herald\" \/>\n<meta property=\"og:description\" content=\"Yep, the lithium \u201cspod price\u201d appears to in a bit of a funk at the moment. Again But\u2026 here\u2019s some good news from Tier 1 [more...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/economicherald.net\/?p=10212\" \/>\n<meta property=\"og:site_name\" content=\"Economic Herald\" \/>\n<meta property=\"article:published_time\" content=\"2024-05-28T06:37:16+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=10212#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=10212\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"Eye on Lithium: You lose some you Winsome? WR1 gives off Tier 1 vibes\",\"datePublished\":\"2024-05-28T06:37:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=10212\"},\"wordCount\":671,\"publisher\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=10212#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/GettyImages-1483230630-scaled-7G7ID5.jpeg\",\"articleSection\":[\"Finance\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=10212\",\"url\":\"https:\\\/\\\/economicherald.net\\\/?p=10212\",\"name\":\"Eye on Lithium: You lose some you Winsome? WR1 gives off Tier 1 vibes - Economic Herald\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=10212#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=10212#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/GettyImages-1483230630-scaled-7G7ID5.jpeg\",\"datePublished\":\"2024-05-28T06:37:16+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=10212#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/economicherald.net\\\/?p=10212\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=10212#primaryimage\",\"url\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/GettyImages-1483230630-scaled-7G7ID5.jpeg\",\"contentUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2024\\\/05\\\/GettyImages-1483230630-scaled-7G7ID5.jpeg\",\"width\":2560,\"height\":1440},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/?p=10212#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/economicherald.net\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Eye on Lithium: You lose some you Winsome? WR1 gives off Tier 1 vibes\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/#website\",\"url\":\"https:\\\/\\\/economicherald.net\\\/\",\"name\":\"Economic Herald\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/economicherald.net\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/#organization\",\"name\":\"Economic Herald\",\"url\":\"https:\\\/\\\/economicherald.net\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/economicherald.net\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/cropped-cropped-economicheraldlogo-1.png\",\"contentUrl\":\"https:\\\/\\\/economicherald.net\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/cropped-cropped-economicheraldlogo-1.png\",\"width\":850,\"height\":760,\"caption\":\"Economic Herald\"},\"image\":{\"@id\":\"https:\\\/\\\/economicherald.net\\\/#\\\/schema\\\/logo\\\/image\\\/\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Eye on Lithium: You lose some you Winsome? WR1 gives off Tier 1 vibes - Economic Herald","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/economicherald.net\/?p=10212","og_locale":"en_US","og_type":"article","og_title":"Eye on Lithium: You lose some you Winsome? WR1 gives off Tier 1 vibes - Economic Herald","og_description":"Yep, the lithium \u201cspod price\u201d appears to in a bit of a funk at the moment. Again But\u2026 here\u2019s some good news from Tier 1 [more...]","og_url":"https:\/\/economicherald.net\/?p=10212","og_site_name":"Economic Herald","article_published_time":"2024-05-28T06:37:16+00:00","twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/economicherald.net\/?p=10212#article","isPartOf":{"@id":"https:\/\/economicherald.net\/?p=10212"},"author":{"name":"","@id":""},"headline":"Eye on Lithium: You lose some you Winsome? WR1 gives off Tier 1 vibes","datePublished":"2024-05-28T06:37:16+00:00","mainEntityOfPage":{"@id":"https:\/\/economicherald.net\/?p=10212"},"wordCount":671,"publisher":{"@id":"https:\/\/economicherald.net\/#organization"},"image":{"@id":"https:\/\/economicherald.net\/?p=10212#primaryimage"},"thumbnailUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2024\/05\/GettyImages-1483230630-scaled-7G7ID5.jpeg","articleSection":["Finance"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/economicherald.net\/?p=10212","url":"https:\/\/economicherald.net\/?p=10212","name":"Eye on Lithium: You lose some you Winsome? WR1 gives off Tier 1 vibes - Economic Herald","isPartOf":{"@id":"https:\/\/economicherald.net\/#website"},"primaryImageOfPage":{"@id":"https:\/\/economicherald.net\/?p=10212#primaryimage"},"image":{"@id":"https:\/\/economicherald.net\/?p=10212#primaryimage"},"thumbnailUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2024\/05\/GettyImages-1483230630-scaled-7G7ID5.jpeg","datePublished":"2024-05-28T06:37:16+00:00","breadcrumb":{"@id":"https:\/\/economicherald.net\/?p=10212#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/economicherald.net\/?p=10212"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/economicherald.net\/?p=10212#primaryimage","url":"https:\/\/economicherald.net\/wp-content\/uploads\/2024\/05\/GettyImages-1483230630-scaled-7G7ID5.jpeg","contentUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2024\/05\/GettyImages-1483230630-scaled-7G7ID5.jpeg","width":2560,"height":1440},{"@type":"BreadcrumbList","@id":"https:\/\/economicherald.net\/?p=10212#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/economicherald.net\/"},{"@type":"ListItem","position":2,"name":"Eye on Lithium: You lose some you Winsome? WR1 gives off Tier 1 vibes"}]},{"@type":"WebSite","@id":"https:\/\/economicherald.net\/#website","url":"https:\/\/economicherald.net\/","name":"Economic Herald","description":"","publisher":{"@id":"https:\/\/economicherald.net\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/economicherald.net\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/economicherald.net\/#organization","name":"Economic Herald","url":"https:\/\/economicherald.net\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/economicherald.net\/#\/schema\/logo\/image\/","url":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/10\/cropped-cropped-economicheraldlogo-1.png","contentUrl":"https:\/\/economicherald.net\/wp-content\/uploads\/2023\/10\/cropped-cropped-economicheraldlogo-1.png","width":850,"height":760,"caption":"Economic Herald"},"image":{"@id":"https:\/\/economicherald.net\/#\/schema\/logo\/image\/"}}]}},"_links":{"self":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/posts\/10212","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10212"}],"version-history":[{"count":0,"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/posts\/10212\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=\/wp\/v2\/media\/10213"}],"wp:attachment":[{"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10212"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10212"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/economicherald.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10212"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}