Searching for the highest Canadian lithium shares? These TSX- and TSXV-listed shares have seen the largest year-to-date beneficial properties to this point in 2021.
Click on right here to learn the earlier prime Canadian lithium shares article.
Lithium’s reputation has been rising for a number of years as a result of electrical automobile and vitality storage revolution.
Many market watchers proceed to be optimistic about the way forward for the steel, with the demand narrative getting stronger daily. Lithium shares have had 12 months to this point, regardless of the strain introduced by the coronavirus outbreak.
For traders within the lithium house, the Investing Information Community has created an summary of the highest Canadian lithium shares on the TSX and the highest Canadian lithium shares on the TSXV with year-to-date beneficial properties. This checklist was generated on October 1, 2021, utilizing TradingView‘s inventory screener. Solely firms with market caps above C$10 million are included.
1. Wealth Minerals (TSXV:WML)
Present value: C$0.52; year-to-date acquire: 505.08 p.c
Wealth Minerals has pursuits in Canada, Mexico, Peru and Chile. The corporate’s important focus is the acquisition and improvement of lithium tasks in South America, with its flagship Atacama Salar situated on the earth’s highest-grade and largest-producing lithium brine deposit.
Wealth Minerals’ concessions cowl 46,200 hectares within the northern a part of the salar, in shut proximity to prime producer SQM (NYSE:SQM). The corporate additionally holds the Ollague undertaking, which consists of 4,200 hectares situated in Northern Chile, Area II, close to the Chile-Bolivia border and roughly 200 kilometers due north from Atacama.
2. Sigma Lithium (TSXV:SGML)
Present value: C$10.65; year-to-date acquire: 256.19 p.c
Sigma Lithium, by its not directly wholly owned subsidiary Sigma Mineração, is growing, with a technique targeted on environmental, social and governance rules, the biggest hard-rock lithium deposits within the Americas, situated at its Grota do Cirilo undertaking in Brazil.
The corporate plans to supply 220,000 tonnes yearly of battery-grade lithium focus (33,000 tonnes of lithium carbonate equal (LCE)) within the first section of manufacturing, and expects to be amongst the world’s lowest-cost producers. In section two of manufacturing, if warranted after an ongoing feasibility examine, manufacturing can be elevated to 440,000 tonnes (65,000 tonnes of LCE) yearly.
The corporate is engaged on pre-construction and detailed engineering for an environmentally pleasant, totally automated dense media separator manufacturing plant that applies proprietary algorithms to digitally management dense media. The manufacturing plant will likely be vertically built-in into the corporate’s mining operations, with feedstock coming completely from the undertaking’s high-purity spodumene ore.
3. Normal Lithium (TSXV:SLI)
Present value: C$9.98; year-to-date acquire: 250.18 p.c
Normal Lithium’s flagship undertaking is situated in Southern Arkansas, the place it’s testing and proving the business viability of lithium extraction from over 150,000 acres of permitted brine operations.
The corporate has commissioned its first-of-a-kind, industrial-scale direct lithium extraction demonstration plant at Lanxess’s south plant facility in Southern Arkansas. The plant makes use of the corporate’s proprietary LiSTR expertise to selectively extract lithium from Lanxess’s tail brine.
The corporate can be pursuing the useful resource improvement of over 30,000 acres of separate brine leases situated in Southwestern Arkansas, and roughly 45,000 acres of mineral leases situated within the Mojave Desert in San Bernardino County, California.
4. Imaginative and prescient Lithium (TSXV:VLI)
Present value: C$0.11; year-to-date acquire: 214.29 p.c
Junior Imaginative and prescient Lithium is concentrated on exploring and growing battery minerals belongings, primarily in Canada. The corporate’s tasks embody the Sirmac lithium property situated in Northern Quebec, which it acquired from Nemaska Lithium in 2017. In March 2021, the corporate bought the Godslith lithium property in Manitoba.
5. Argentina Lithium and Power (TSXV:LIT)
Present value: C$0.25; year-to-date acquire: 212.50 p.c
Argentina Lithium and Power is concentrated on buying high-quality lithium tasks in Argentina, and advancing them in direction of manufacturing in an effort to meet rising world demand from the battery sector.
The corporate has acquired a one hundred pc curiosity in over 25,000 hectares of the Incahuasi Salar and basin in Catamarca province. Moreover, the corporate holds the Antofalla undertaking, which features a one hundred pc curiosity in roughly 9,000 hectares of mining claims, plus a further 5,380.5 hectares beneath possibility within the north finish of the Salar de Antofalla.
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Securities Disclosure: I, Priscila Barrera, maintain no direct funding curiosity in any firm talked about on this article.