PMET has completed a concept study looking at a potential longer-term refining pathway at Shaakichiuwaanaan — converting spodumene concentrate into battery-grade lithium carbonate directly at site. Key points: • 7 processing options reviewed • Primero’s ALi® atmospheric leach process selected as the preferred pathway for further study • Bench-scale testwork produced 99.8% Li₂CO₃ battery-grade lithium carbonate • Overall process recovery of 92.5%, including calcination • Potential to reduce logistics intensity by shipping a higher-value lithium product instead of moving large volumes of concentrate • Could leverage Québec’s low-cost renewable hydro power, including potential electric calcination Full NR here: pmet.ca/news/concept-study-i… $PMET $PMT.AX

China inventories are moving. So is the lithium debate @zempheth argues the market may still be tighter than the restart headlines suggest • China inventory noise • DLE execution risk • Quebec hard rock • Vulcan, Q2 and project quality • Restarts, delays, cycle timing 📺: youtu.be/9P1NTz2oUXw

It's been a good month . One of discovering new heights and another of rediscovering previous ones ..:) Congrats to the longs on these two. Been a ride. $QTWO $PMET $PMT

$QTWO price equivalents of spod peers, aligned with their inventory valuation (EV/t LCE in MRE) Yes, mixing advanced projects with early, but nonetheless a powerful perspective for what possible for the #4 ie. $20 QTWO = SQM/Hancock - Andover transaction at the pre-MRE stage🤯

Zimbabwe's billion dollar initiative to lure Chinese capital into processing #lithium at home. Firstly, Zimbabwe banned the export of raw lithium and "unbeneficiated" minerals, resulting in nearly $1 billion in investments for local processing plants. As a result, Chinese companies particularly the likes of Huayou and Sinomine have led investments and construction of several lithium sulfate processing facilities. The first lithium sulfate shipment from Zimbabwe was exported in April. See photo below. --->“This inaugural shipment represents the first lithium salt ever produced in Zimbabwe and across Africa, marking a major step forward in regional mineral beneficiation and industrialization.”- Huayou’s Zimbabwe unit Zimbabwe is now flexing their weight when it comes to the global lithium supply chain. According to Business Insider Africa lithium sales have surged in 2026, with volumes rising 2% and value increasing 106% year-over-year, highlighting strong global demand and government policy impact.

$WR1.ax @ 52c trading -16% discount to $LIFT last close $5.7 even after the positive vote, pending courts final approval.

With sulfur prices this high, the costs of processing lithium clays, oxide ores (copper, nickel, REEs) is going to BLOW OUT. The smelting of sulphide ores produces sulphuric acid as a byproduct. The processing of oxide ores consumes sulphuric acid. #LAC's Lithium America's Thacker Pass for example is going to do 40,000 tonnes per year of carbonate in phase 1. They've stated a 2250t/day sulphuric acid plant, which is 821,250 tonnes of acid per year. So each tonne of carbonate could require 20.5 tonne of sulphuric acid per tonne of Li₂CO₃. That's about 6.8 tonnes of sulphur. Using the Chinese futures price of US$1050t, that's US$7140t worth of sulphur per tonne of Li₂CO₃. #LAC will most likely source their sulphur internally. American fertiliser companies during Q1 paid US$488/t for molten sulfur, which is $3318 per tonne of Li₂CO₃. I'd imagine its higher now looking at the Chinese price. Spodumene uses 50-60% less acid. Food for thought. I love spod.

Andover begins its journey. Gina Rinehart plots new Australian lithium mine as prices soar afr.com/companies/mining/gin…

Ford has officially introduced Ford Energy, following in the footsteps of @Tesla. "Ford Energy will provide U.S.-assembled LFP prismatic battery energy storage systems for a variety of uses. Units are planned for availability beginning in late 2027." Specs: • 2-hour & 4-hour configurations • Rated Energy: 5.45 MWh • Cell Capacity: 512 Ah • Cell Dimensions: 73 × 275 x 210 mm • Voltage Range: 1040 - 1500 VDC • Dimensions: 20 ft standard container • Product Weight: ~43.5 tons • Aux. Power Load: Max 37.5 kW • Noise: <75 dBA • Cooling Method: Liquid Cooling • Corrosion Protection Level: C5 • Ingress Protection (IP) Rating: IP55 • Operating Temperature: -35°C to 55°C • Operating Altitude: ≤ 4000m (No Derating)

possibly the end of the road for the long and suffering #A11 $ALL.l holders - Huayou Cobalt to buy 40.5% of Ewoyaa for US$210M. If backing out 40.5% of $ELV US$70m earn-in, the price paid per t LCE in-situ is actually one of the highest recorded, and twice that paid for Arcadia

Atlantic Lithium is pleased to announce it has entered into a binding Scheme Implementation Deed with Zhejiang Huayou Cobalt Co., Limited ("Huayou"), under which it is proposed that Huayou will acquire all of the issued shares in Atlantic Lithium by way of an Australian scheme of arrangement. Read in full: shorturl.at/pfC7J. #ALL #A11 $A11 #ALLGH #Lithium #Ghana #Mining