While Tesla continues to be a force in the lithium space, there were other contributing factors. Here’s a look at our most popular stories.
Much like 2015, Tesla Motors (NASDAQ:TSLA) continued having a big impact on the lithium sector in 2016.
While Tesla continues to be a force in the lithium space, there were other contributing factors to lithium’s big year. Of course, the Investing News Network (INN) covered a number of the top lithium stories of the year.
As such, investors were keen to read and learn more about the lithium space in 2016. Read on to see what five top lithium stories caught the attention of our investor audience in 2016.
With the Clayton Valley in Nevada growing in popularity in the lithium space, investors were eager to read about the variety of companies operating there. As noted in the article, the Clayton Valley hosts the only producing lithium brine operation in the US: the Silver Peak Mine.
In that regard, companies mentioned in the article that have lithium projects in the Clayton Valley include: Nevada Sunrise Gold (TSXV:NEV), Advantage Lithium (TSXV:AAL), Lithium X (TSXV:LIX), and Cypress Development (TSXV:CYP), to name a few.
Second on our top lithium stories 2016 is an interview done with James Callaway, chairman of Orocobre (TSX:ORL) in June. In the interview, Callaway elaborates with INN his thoughts on companies who are jumping into the lithium sector, but expresses concerns about teams who don’t understand the chemical processes that extract lithium and produce products.
Still–he said he isn’t being discouraging, but warned investors in the article to be cautious about what lithium stocks to invest in.
On March 1, 2016, shares of Pure Energy Metals (TSXV:PE) rose 20 percent in one trading day. INN noted it was unclear what generated the rise in share price on the trading day, but looked at news the company had released a few days prior to its share price increase.
In December 2016, INN put together its outlook for 2017, and had the chance to speak with Joe Lowry of Global Lithium, Chris Berry of House Mountain Partners and the Disruptive Discoveries Journal, and Andrew Miller of Benchmark Mineral Intelligence. In the article, the analysts give an overview of what impacted the lithium market in 2016 before sharing their thoughts on the 2017 outlook. For example, lithium demand is expected to grow by at least 15,000-20,000 metric tons, according to Lowry.
Rounding out the top five lithium news stories of 2016 is a video interview done with Jon Hykawy of Stormcrow Capital at the Vancouver Commodities Forum in June. In the interview, Hykawy names three junior lithium mining companies to watch for and a brief outlook on the lithium sector.
Watch the interview below:
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Securities Disclosure: I, Jocelyn Aspa, hold no direct investment interest in any company mentioned in this article.
Editorial Disclosure: Nevada Sunrise Gold, Nemaska Lithium and Cypress Development are clients of the Investing News Network. This article is not paid for content.