{"id":1953,"date":"2023-11-21T05:38:50","date_gmt":"2023-11-21T05:38:50","guid":{"rendered":"https:\/\/economicherald.net\/?p=1953"},"modified":"2023-11-21T05:38:50","modified_gmt":"2023-11-21T05:38:50","slug":"eye-on-lithium-labors-ev-targets-slammed-and-yet-tenfold-increase-in-sales-pr1-leads-asx-gainers","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=1953","title":{"rendered":"Eye on Lithium: Labor\u2019s EV targets slammed, and yet tenfold increase in sales; PR1 leads ASX gainers"},"content":{"rendered":"

Labor\u2019s electric vehicle strategy forecast is copping a bit of a beating from the critics today
\nAnd yet\u2026 EV sales appear to have surged \u2018tenfold\u2019
\nMeanwhile, Pure Resources, Chariot and Eclipse lead the lithium gainers on the ASX<\/p>\n

Lithium roundup, Tuesday November 21.<\/p>\n

\u00a0<\/p>\n

What with lithium so tied to the future success of electric vehicles, first up today, some focus on local EV governmental strategy chattering\u2026<\/p>\n

Australia\u2019s Climate Change and Energy Minister Chris Bowen\u2019s electric vehicle strategy has come under fire today, with critics suggesting it\u2019s well on track to fail after after government department officials predicted fewer than a third of\u00a0new car sales would be battery-operated by 2030.<\/p>\n

Per a report in The Australian<\/em> today:<\/p>\n

\u2018The latest estimates from the federal transport department are that electric cars will make up 27 per cent of new car sales by 2030, well below the 89 per cent forecast in Labor\u2019s pre-election modelling that helped boost its 43 per cent emissions reduction target.<\/em><\/p>\n

\u2018The 89 per cent prediction in Labor\u2019s modelling conducted by RepuTex was based on Anthony Albanese\u2019s pre-election policies that have been implemented since the government was elected, including exempting electric cars from import tariffs and fringe \u00adbenefit taxes.\u2019<\/em><\/p>\n

Meanwhile,\u00a0Sky News host Caleb Bond chimed in, describing the government\u2019s strategy as \u201crunning on empty\u201d.<\/p>\n

However\u2026 this criticism comes amid Electric Vehicle Council Chief Executive Behyad Jafari reportedly revealing that there has been a \u201ctenfold increase\u201d in EV sales in Australia.<\/p>\n

\u201cThe government is certainly right to be ambitious in this space,\u201d Jafari told Sky News Australia.<\/p>\n

\u201cWe have just as of this month we have seen that in 2023 electric vehicles are 10 times higher than they were in all of 2021.<\/p>\n

\u201cThat\u2019s certainly much higher than projections were at the time and I think the government has been able to see that.\u201d<\/p>\n

Jafari has also urged Labor to release its plans for fuel efficiency standards as soon as possible.<\/p>\n

\u201cThe government has been doing the work in developing the fuel efficiency standards by the end of the year but its mid-November and we haven\u2019t seen the standards yet,\u201d said Jafari.<\/p>\n

\u201cThese have to be in palace and while the government is \u00addeveloping them it is looking like a wasted year. Every country in the developed world except for Australia and Russia has these standard.\u201d<\/p>\n

\u00a0<\/p>\n

\u00a0<\/p>\n

What\u2019s surging right now in ASX lithium land?<\/h2>\n

(Circa 3pm-ish on a Tuesday afternoon\u2026)<\/p>\n

\u00a0<\/p>\n

Charged up <\/strong><\/h2>\n

Pure Resources (ASX:PR1)<\/strong><\/a> +50%<\/strong><\/p>\n

Chariot Corporation (ASX:CC9)<\/strong><\/a> +21%\u00a0<\/strong><\/p>\n

Eclipse Metals (ASX:EPM)<\/strong><\/a> +20%\u00a0<\/strong><\/p>\n

Flynn Gold (ASX:FG1)<\/strong><\/a> +14%<\/strong><\/p>\n

Summit Minerals (ASX:SUM)<\/strong><\/a> +14%\u00a0<\/strong><\/p>\n

\u00a0<\/p>\n

ASX lithium form guide:<\/h2>\n

Scroll or swipe to reveal table. Click headings to sort. Best viewed on a laptop. (Note: figures accurate per ASX at 3pm.)\u00a0<\/strong><\/p>\n

Stocks missing from this list?<\/em><\/p>\n

Email\u00a0rob.badman@stockhead.com.au\u00a0<\/em><\/strong><\/p>\n

<\/div>\n
CODE COMPANY PRICE DAILY RTN % 1 WEEK % 1 MTH % YTD % MARKET CAP ADV Ardiden Ltd 0.006 0% 20% 50% 0% $16,130,012 AGY Argosy Minerals Ltd 0.16 7% 10% -9% -41% $210,661,125 1MC Morella Corporation 0.006 -8% -14% 9% -1% $40,063,353 AML Aeon Metals Ltd. 0.009 0% 13% -25% -2% $9,867,606 ASN Anson Resources Ltd 0.16 0% -6% 10% -3% $205,718,267 AVZ AVZ Minerals Ltd 0.78 0% 0% 0% 0% $2,752,409,203 CXO Core Lithium 0.37 1% 1% 7% -66% $779,981,474 EMH European Metals Hldg 0.61 1% -3% -16% -3% $76,758,601 ESS Essential Metals Ltd 0 0% -100% -100% -33% $135,278,382 EUR European Lithium Ltd 0.082 8% 4% 19% 1% $105,962,177 GLN Galan Lithium Ltd 0.73 8% 28% -3% -34% $238,425,039 INF Infinity Lithium 0.12 0% 0% 41% 0% $55,511,051 INR Ioneer Ltd 0.1575 9% 5% -5% -22% $306,154,761 JRL Jindalee Resources 1.08 0% -2% -22% -81% $65,140,326 LIT Lithium Australia 0.032 -3% -3% 2% -1% $40,332,325 LKE Lake Resources 0.1625 2% -4% -7% -64% $227,591,153 LPD Lepidico Ltd 0.009 0% 0% -10% -1% $68,744,772 LPI Lithium Pwr Int Ltd 0.535 0% 0% 1% 10% $340,272,554 LTR Liontown Resources 1.5275 5% 4% -20% 21% $3,513,356,863 MIN Mineral Resources. 65.95 3% 14% 11% -1125% $12,476,316,478 MLS Metals Australia 0.039 8% 8% 18% -1% $22,465,303 AKE Allkem Limited 9.31 4% 7% -13% -193% $5,734,711,998 PLL Piedmont Lithium Inc 0.4475 5% 12% -11% -20% $156,245,640 PLS Pilbara Min Ltd 3.69 4% 6% -4% -6% $10,713,687,070 QPM Queensland Pacific 0.056 -2% 6% -7% -5% $114,714,798 PSC Prospect Res Ltd 0.096 0% 2% 8% -2% $44,479,868 RLC Reedy Lagoon Corp. 0.007 17% 40% 40% 0% $3,700,102 SYA Sayona Mining Ltd 0.078 1% 0% -6% -11% $792,583,793 TKL Traka Resources 0.004 0% -20% -20% 0% $3,501,317 TON Triton Min Ltd 0.024 -4% 0% 20% -1% $39,033,990 VUL Vulcan Energy 2.55 5% 8% 7% -378% $407,371,428 GL1 Globallith 1.27 3% 6% 0% -58% $319,853,135 BMM Balkanminingandmin 0.16 -9% 23% 3% -17% $12,041,255 LEL Lithenergy 0.545 -1% -8% -4% -23% $56,655,500 ARN Aldoro Resources 0.086 0% 4% -2% -7% $11,577,642 NMT Neometals Ltd 0.25 0% 0% -14% -55% $138,326,984 IGO IGO Limited 9.21 3% 5% -17% -425% $6,792,692,283 AAJ Aruma Resources Ltd 0.034 3% 3% 6% -2% $6,497,420 PAM Pan Asia Metals 0.15 3% 0% -25% -26% $24,218,108 AX8 Accelerate Resources 0.06 -3% 18% 114% 4% $29,264,136 AM7 Arcadia Minerals 0.09 0% 1% -1% -12% $9,814,509 AS2 Askarimetalslimited 0.18 -5% -5% -10% -26% $14,639,540 BYH Bryah Resources Ltd 0.018 -10% -5% 29% -1% $7,172,106 EMS Eastern Metals 0.04 0% 43% 33% -3% $3,297,050 FG1 Flynngold 0.09 14% 10% 32% -1% $10,774,224 FRS Forrestaniaresources 0.028 -3% -3% -20% -11% $4,691,787 GSM Golden State Mining 0.019 -14% 0% -47% -2% $5,254,926 IMI Infinitymining 0.14 0% 17% 17% -14% $10,900,361 LRV Larvottoresources 0.12 4% 0% 4% -4% $7,734,293 MMC Mitremining 0.245 0% 9% 14% -4% $11,110,775 RAG Ragnar Metals Ltd 0.023 -4% 0% -8% 1% $11,375,543 CTN Catalina Resources 0.0035 0% 0% -13% -1% $4,334,704 TMB Tambourahmetals 0.13 0% -7% 13% 3% $10,782,246 TEM Tempest Minerals 0.009 0% -18% 20% -1% $4,602,451 EMC Everest Metals Corp 0.0905 -2% -8% -18% 1% $15,022,046 WCN White Cliff Min Ltd 0.012 0% 9% 0% 0% $15,084,223 WML Woomera Mining Ltd 0.028 8% 12% 180% 1% $31,036,058 AZL Arizona Lithium Ltd 0.05 6% 19% 257% -1% $155,982,943 CRR Critical Resources 0.027 -4% -13% -13% -2% $49,779,808 KGD Kula Gold Limited 0.038 3% 192% 217% 1% $13,808,841 LRS Latin Resources Ltd 0.2075 1% -10% -22% 11% $568,363,771 PNN Power Minerals Ltd 0.255 2% 4% 4% -28% $21,710,569 WR1 Winsome Resources 1.175 0% -6% -4% -6% $207,786,201 KZR Kalamazoo Resources 0.11 0% -8% 16% -10% $18,850,642 MTM MTM Critical Metals 0.027 8% 17% 23% -5% $2,483,427 QXR Qx Resources Limited 0.03 3% 0% 25% -1% $32,066,108 SCN Scorpion Minerals 0.051 -4% -9% -9% -2% $18,375,428 AZI Altamin Limited 0.051 -2% -12% -16% -3% $20,369,271 ENT Enterprise Metals 0.004 0% 0% 33% -1% $3,197,884 KAI Kairos Minerals Ltd 0.016 -6% 0% -20% 0% $44,555,507 STM Sunstone Metals Ltd 0.016 0% 7% 7% -2% $49,311,758 PGD Peregrine Gold 0.285 2% -11% 8% -10% $15,844,248 AVW Avira Resources Ltd 0.0015 -25% -25% 50% 0% $4,267,580 NVA Nova Minerals Ltd 0.255 -4% 2% -4% -43% $55,885,840 GT1 Greentechnology 0.39 1% 0% -6% -44% $106,316,130 BNR Bulletin Res Ltd 0.16 -6% 3% 52% 7% $49,910,487 CAI Calidus Resources 0.18 0% 6% 38% -9% $109,842,661 MRR Minrex Resources Ltd 0.022 -4% 47% 38% -1% $24,951,953 A8G Australasian Metals 0.17 0% -3% -15% -2% $8,860,484 EFE Eastern Resources 0.01 0% -17% 25% -2% $12,419,465 MQR Marquee Resource Ltd 0.03 0% -9% 15% -1% $12,401,531 SRZ Stellar Resources 0.009 0% 0% 0% 0% $9,883,678 LSR Lodestar Minerals 0.004 -11% 0% -20% 0% $9,105,288 NWM Norwest Minerals 0.033 0% 2% 6% -2% $9,489,794 AOA Ausmon Resorces 0.003 0% 0% 0% 0% $3,020,998 VKA Viking Mines Ltd 0.011 0% 10% 22% 0% $11,277,843 IPT Impact Minerals 0.011 0% -8% 10% 0% $31,511,743 SRI Sipa Resources Ltd 0.021 0% 0% -5% -1% $4,791,321 VMC Venus Metals Cor Ltd 0.09 -14% -10% -10% 1% $19,921,512 RGL Riversgold 0.011 0% 0% -8% -2% $10,463,876 ZNC Zenith Minerals Ltd 0.165 0% -11% 74% -10% $58,142,846 RAS Ragusa Minerals Ltd 0.052 -4% 4% 49% -6% $7,700,334 G88 Golden Mile Res Ltd 0.022 -4% -12% 5% 0% $7,575,959 EPM Eclipse Metals 0.009 20% -10% -25% -1% $15,328,532 EVR Ev Resources Ltd 0.0115 -4% 5% 5% 0% $11,337,358 WC8 Wildcat Resources 0.88 4% 10% 91% 86% $1,009,693,001 MNS Magnis Energy Tech 0.058 0% 21% -22% -31% $69,570,893 RIO Rio Tinto Limited 127.52 2% 6% 11% 1111% $46,402,026,750 THR Thor Energy PLC 0.028 0% 17% 12% -3% $5,221,784 YAR Yari Minerals Ltd 0.014 0% -13% 8% 0% $6,753,009 MXR Maximus Resources 0.047 4% 7% 24% 1% $14,427,260 DRE Dreadnought Resources Ltd 0.0325 -2% -4% -24% -7% $114,079,195 MM1 Midasmineralsltd 0.155 0% 0% -9% -5% $13,445,823 M2R Miramar 0.024 0% 9% -31% -5% $3,572,869 LLI Loyal Lithium Ltd 0.425 -6% -2% -1% 13% $36,639,503 LRD Lordresourceslimited 0.073 -6% 6% 14% -9% $2,896,305 WMC Wiluna Mining Corp 0.205 0% 0% 0% 0% $74,238,031 AUN Aurumin 0.021 0% -13% -28% -4% $6,687,305 ZEO Zeotech Limited 0.041 0% -11% -18% -1% $70,865,346 ALY Alchemy Resource Ltd 0.01 0% -9% -9% -1% $11,780,763 LIS Lisenergylimited 0.215 -2% 2% -2% -11% $140,844,051 GW1 Greenwing Resources 0.135 -7% -10% 13% -14% $25,266,465 KTA Krakatoa Resources 0.042 0% 11% 147% 0% $18,265,713 TYX Tyranna Res Ltd 0.017 0% 0% 13% -1% $55,869,231 DAF Discovery Alaska Ltd 0.016 0% -6% -16% -2% $3,747,755 FTL Firetail Resources 0.096 -4% -3% 4% -6% $14,890,556 IR1 Irismetals 1.42 -2% 0% 1% 26% $176,687,899 LNR Lanthanein Resources 0.007 -13% -13% 17% -1% $8,972,605 DAL Dalaroometalsltd 0.032 0% -11% -20% -7% $2,611,200 TKM Trek Metals Ltd 0.048 1% -6% 55% -3% $23,637,904 CY5 Cygnus Metals Ltd 0.15 -3% -3% 11% -23% $45,145,167 TUL Tulla Resources 0 0% -100% -100% -33% $118,262,971 WES Wesfarmers Limited 52.69 -1% 0% 3% 678% $60,315,547,538 LLL Leolithiumlimited 0.505 0% 0% 0% 2% $498,553,663 OCN Oceanalithiumlimited 0.15 0% 20% 3% -20% $7,961,475 A11 Atlantic Lithium 0.53 2% 33% 8% -9% $318,365,663 CMD Cassius Mining Ltd 0.035 0% 6% -5% 2% $17,385,487 VSR Voltaic Strategic 0.02 0% 0% 0% 0% $9,662,078 SGQ St George Min Ltd 0.035 -5% -10% -5% -3% $34,922,011 LLO Lion One Metals Ltd 0.96 0% -4% -19% -21% $14,101,286 PAT Patriot Lithium 0.21 -2% 5% 24% -6% $14,731,183 PL3 Patagonia Lithium 0.13 -7% -7% -13% 0% $6,860,490 BUR Burleyminerals 0.17 -3% -19% -6% -5% $17,726,932 CHR Charger Metals 0.275 0% -25% 96% -17% $17,081,451 RMX Red Mount Min Ltd 0.004 0% -20% 0% 0% $10,694,304 DLI Delta Lithium 0.495 4% -2% -23% 3% $296,661,876 LM1 Leeuwin Metals Ltd 0.225 10% -13% -25% 0% $9,180,925 ENT Enterprise Metals 0.004 0% 0% 33% -1% $3,197,884 FIN FIN Resources Ltd 0.028 4% -13% 47% 1% $17,527,555 DTM Dart Mining NL 0.018 -5% -14% -9% -4% $3,683,066 NIS Nickelsearch 0.115 -15% 32% 125% -4% $24,157,627 EG1 Evergreenlithium 0.19 3% 3% -16% 0% $10,402,550 MAN Mandrake Res Ltd 0.037 -3% 6% 9% 0% $22,752,877 FBM Future Battery 0.075 3% -11% -25% 2% $37,223,137 XTC Xantippe Res Ltd 0.001 0% 0% 0% 0% $17,528,005 LPM Lithium Plus 0.45 -2% -3% 34% 8% $39,554,572 KOB Kobaresourceslimited 0.08 0% -2% 21% -6% $8,433,333 EMC Everest Metals Corp 0.0905 -2% -8% -18% 1% $15,022,046 LRD Lordresourceslimited 0.073 -6% 6% 14% -9% $2,896,305 IEC Intra Energy Corp 0.004 0% 0% 0% 0% $6,643,126 REC Rechargemetals 0.125 4% -7% -17% -1% $13,362,237 SLM Solismineralsltd 0.2 3% -2% -15% 13% $15,180,498 AZS Azure Minerals 4.18 2% 5% 71% 396% $1,880,586,258 DYM Dynamicmetalslimited 0.2 -2% 0% 18% 0% $7,175,000 TOR Torque Met 0.175 -3% 3% 9% -1% $23,566,335 SBR Sabre Resources 0.045 0% 25% 29% 1% $16,073,494 ICL Iceni Gold 0.058 0% -3% -11% -2% $13,911,714 TMX Terrain Minerals 0.0045 13% 13% 13% 0% $5,413,711 MHC Manhattan Corp Ltd 0.0035 -13% -13% -30% 0% $11,747,919 MHK Metalhawk. 0.205 -7% 3% 123% 4% $17,429,623 NKL Nickelxltd 0.06 0% -2% 11% -2% $5,268,910 TMB Tambourahmetals 0.13 0% -7% 13% 3% $10,782,246 ANX Anax Metals Ltd 0.027 -4% -10% -23% -3% $13,465,694 PMT Patriotbatterymetals 1.065 3% -1% -12% 32% $404,786,189 BM8 Battery Age Minerals 0.24 2% 23% 14% -26% $20,947,169 L1M Lightning Minerals 0.135 0% 0% -7% -3% $5,497,884 ADG Adelong Gold Limited 0.0065 8% 0% -7% 0% $3,577,934 TOR Torque Met 0.175 -3% 3% 9% -1% $23,566,335 AL8 Alderan Resource Ltd 0.008 0% 0% -27% 0% $8,854,890 OZM Ozaurum Resources 0.17 6% 21% 95% 10% $25,400,000 FL1 First Lithium Ltd 0.545 3% 9% 122% 37% $37,127,384 PLN Pioneer Lithium 0.28 4% -2% -3% 0% $7,674,750 WYX Western Yilgarn NL 0.12 0% 9% 33% -1% $5,958,900 RDN Raiden Resources Ltd 0.064 0% 36% 191% 6% $159,301,921 PFE Panteraminerals 0.061 -5% 3% -2% -5% $6,852,643 GRE Greentechmetals 0.68 1% 0% 147% 54% $43,398,133 OLY Olympio Metals Ltd 0.14 0% -13% -13% -1% $8,903,930 SUM Summitminerals 0.125 14% 0% 36% -2% $5,242,284 JBY James Bay Minerals 0.4 11% 25% 33% 0% $11,680,200 SCN Scorpion Minerals 0.051 -4% -9% -9% -2% $18,375,428 JNO Juno 0.085 0% 4% 9% -1% $13,719,255 CC9 Chariot Corporation 0.51 21% 55% 0% 0% $30,799,259 OBM Ora Banda Mining Ltd 0.195 -3% 13% 70% 11% $341,088,974 RON Roninresourcesltd 0.2 -2% 5% 38% 4% $7,010,610 ASR Asra Minerals Ltd 0.01 0% -29% 25% -1% $14,562,056 PFE Panteraminerals 0.061 -5% 3% -2% -5% $6,852,643 TG6 Tgmetalslimited 0.905 -2% -16% 814% 79% $37,077,418 PR1 Pure Resources 0.255 50% 50% 37% -7% $6,540,000 HAW Hawthorn Resources 0.093 0% -7% 2% -2% $31,156,452 <\/div>\n

WordPress Tables Plugin<\/a><\/p>\n

\u00a0<\/p>\n

Making news<\/h2>\n

Maximus Resources (ASX:MXR)<\/strong><\/a><\/p>\n

Maximus Resources\u00a0has identified spodumene as the dominant lithium-bearing mineral from recent Reverse Circulation (RC) drilling at the Kandui prospect, part of the Lefroy lithium project in WA.<\/p>\n

Kandui lies within the greater Lefroy project, in WA\u2019s Eastern Goldfields \u2018lithium corridor\u2019, ~20km south of Mineral Resources\u2019 (ASX:MIN) Mt Marion Lithium mine.<\/p>\n

Our special report today on this has more<\/a>.<\/p>\n

\u00a0<\/p>\n

Torque Metals (ASX:TOR)<\/strong><\/a><\/p>\n

Torque Metals has followed up on high-grade lithium assays from diamond drilling at its New Dawn project in WA\u2019s Goldfields region with the observation of abundant spodumene in RC drilling.<\/p>\n

Inaugural diamond and reverse circulation drilling at the project had got off to a great start after assays from the initial diamond holes returned intercepts of up to 3.92m grading 1.52% Li2O.<\/p>\n

Our special report has more<\/a>.<\/p>\n

\u00a0<\/p>\n

NickelSearch (ASX:NIS)<\/strong><\/a><\/p>\n

A program of in-fill soil sampling has kicked off over four, previously high-priority areas at Carlingup, a project which has attracted the interest of nearby lithium producer Allkem.<\/p>\n

NickelSearch\u2019s (ASX:NIS<\/a>) 108km2 Carlingup project sits on the Ravensthorpe greenstone belt in WA, a region highly prospective for nickel sulphide deposits on the southern margin of the Archean Yilgarn Craton.<\/p>\n

This belt is in the same greenstone corridor as\u00a0IGO\u2019s (ASX:IGO)<\/a>\u00a0Forrestania nickel mining complex and adjacent to First Quantum Minerals\u2019 laterite mine, the Ravensthorpe Nickel Operations (RNO).<\/p>\n

Our special report has more<\/a>.<\/p>\n

\u00a0<\/p>\n

Pure Resources (ASX:PR1)<\/strong><\/a><\/p>\n

Pure Resources today announced early results from outcrop pegmatite mapping and sampling now completed at the J\u00e4rkvisslenr 100 Reservation in Sweden.<\/p>\n

What\u2019d their geologists find? The presence of \u201chighly fractionated muscovite-rich pegmatites\u2026 with pathfinder minerals triphylite-lithiophilite, cassiterite and potentially zinnwaldite\u201d.<\/p>\n

The chief highlight \u2013 and it\u2019s a biggie \u2013 from the\u00a0 LIBS (Laser Induced Breakdown Spectroscopy) analysis, though, was this:<\/p>\n

Up to\u00a011.69% Li<\/strong>\u00a0was found in hole JARR037. That\u2019s some high-grade Li right there.\u00a0Additional high-grade lithium samples included:<\/p>\n

\u2022 JARR036 \u2013 10.13%, 7.04% & 3.94% Li<\/em><\/p>\n

\u2022 JARR037 \u2013 5.48% Li<\/em><\/p>\n

\u2022 JARR024 \u2013 1.36% & 1.21% Li\u00a0<\/em><\/p>\n

PR1 notes that the claims are adjacent to and along strike of Sweden\u2019s most advanced lithium deposit, the J\u00e4rkvissle pegmatite sites owned by Asera Mining.<\/p>\n

\u00a0<\/p>\n

Uvre (ASX:UVA)<\/strong><\/a><\/p>\n

Uvre has moved quickly to get boots on the ground and begin the first phase of exploration work at the South Pass lithium project in Wyoming, USA after recently securing the project.<\/p>\n

UVA has a first mover advantage as one of the only two known ASX listed companies currently actively exploration for hard lithium in the State of Wyoming, the other being\u00a0Chariot Corporation (ASX:CC9).<\/a><\/p>\n

More in our special report, here<\/a>.<\/p>\n

\u00a0<\/p>\n

Jindalee Resources (ASX:JRL)<\/strong><\/a><\/p>\n

An exploration target of 300-700Mt at 1,100-1,400ppm lithium is set for Jindalee\u2019s McDermitt project in Oregon. At 21.5Mt LCE, it\u2019s already the largest lithium deposit in the US by contained lithium. Drill rigs are ready to start turning pending final approvals from US regulators.<\/p>\n

More in our special report here<\/a>.<\/p>\n

\u00a0<\/p>\n

Meanwhile\u2026<\/h2>\n

Catching our eye today on the platform formerly known as Twitter\u2026<\/p>\n

Metals: weekly price & performance pic.twitter.com\/9nrc5fPbCa<\/a><\/p>\n

\u2014 MinerDeck (@MinerDeck) November 19, 2023<\/a><\/p>\n\n

\u00a0<\/p>\n

A map of Lithium Corridor of Power pic.twitter.com\/5M30MqfXXh<\/a><\/p>\n

\u2014 Haplo (@HC_Haplo) November 20, 2023<\/a><\/p>\n\n

\u00a0<\/p>\n

Congrats @LiontownRes<\/a> @timgoyder<\/a> @tony_ottaviano<\/a> https:\/\/t.co\/djPKOs9To9<\/a><\/p>\n

\u2014 Joe Lowry (@globallithium) November 20, 2023<\/a><\/p>\n\n

<\/span><\/p>\n

The post Eye on Lithium: Labor\u2019s EV targets slammed, and yet tenfold increase in sales; PR1 leads ASX gainers<\/a> appeared first on Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Labor\u2019s electric vehicle strategy forecast is copping a bit of a beating from the critics today And yet\u2026 EV sales appear to have surged \u2018tenfold\u2019 [more…]<\/a><\/p>\n","protected":false},"author":0,"featured_media":1954,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-1953","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\nEye on Lithium: Labor\u2019s EV targets slammed, and yet tenfold increase in sales; PR1 leads ASX gainers - 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=1953\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Eye on Lithium: Labor\u2019s EV targets slammed, and yet tenfold increase in sales; 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