Categories: Energy / General Market Commentary
Topics: General Energy / General Market Commentary

A Look at Junior Lithium Stocks

Beyond the major lithium producers, Albemarle (NYSE:ALB), Sociedad Quimica y Minera de Chile (NYSE:SQM) and FMC (NYSE:FMC), there are many smaller lithium companies looking to crack into the lithium space.

While it’s tough to keep up with what every lithium junior is up to, below we’ve provided brief overviews of what a number of them have been doing as of the end of Q1 2017. Read on to learn more, and if we’ve missed a lithium junior you think should be mentioned, please let us know in the comments. Companies are listed in alphabetical order, and had market caps of over $10 million as of March 31, 2017.

Advantage Lithium (TSXV:AAL,OTCMKTS:AVLIF)
Market cap: $31.35 million

Advantage Lithium and Orocobre (TSX:ORL) have a partnership under which they are advancing the Cauchari project in Argentina. On March 29, Advantage officially acquired a 50-percent stake in Cauchari, as well 100-percent stakes in five other lithium brine properties belonging to Orocobre. Advantage has the right to increase its interest in Cauchari to 75 percent.

Aside from its work at Cauchari, Advantage has assets in Mexico and has drilled at lithium brines in Nevada’s Clayton Valley.

Altura Mining (ASX:AJM,OTCMKTS:ALTAF)
Market cap: $231.19 million

Altura Mining holds a number of coal and lithium projects in Australia and Indonesia, including the Pilgangoora lithium project in Western Australia. It is located immediately south of a project with the same name that belongs to Pilbara Minerals (ASX:PLS).

On March 14, the company said that its mining contractor has started bulk earthworks at the project. Altura believes it has a “clear pathway to production” in early 2018.

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