Galileo Technologies’ Post

📌 "The #Lithium industry is at a tipping point and it is time for governments to step up if they want it to stay. That is the sobering message from Tianqi Lithium Energy Australia chief executive officer Raj Surendran." Read More:👉https://lnkd.in/eBYPrbyz

The rise of Direct Lithium Extraction (#DLE) technology promises to open up new sources of #lithium supply this decade, helping to avert a forecast shortfall of supply. ⚡ DLE projects have the potential to add over 100kt of lithium supply in 2024 📈 The number of operational DLE projects is set to more than triple by 2035, contributing 14% of the total lithium supply Request our DLE Special Issue for Benchmark's view on the rise and potential of new lithium extraction technology ➡ https://lnkd.in/esE-5iq6 Special thanks to our sponsors: Evove Standard Lithium Lilac Solutions Zelandez CleanTech Lithium (AIM: CTL) #directlithiumextraction

Direct Lithium Extraction (DLE) is a live and evolving case study in Diffusion of Innovation (DOI) Theory, developed by E.M. Rogers in 1962. (Links in comments.) “Adoption means that a person does something differently than what they had previously (i.e., purchase or use a new product, acquire and perform a new behavior, etc.).” “Adoption of a new idea, behavior, or product (i.e., "innovation") does not happen simultaneously in a social system; rather it is a process whereby some people are more apt to adopt the innovation than others. Researchers have found that people who adopt an innovation early have different characteristics than people who adopt an innovation later. When promoting an innovation to a target population, it is important to understand the characteristics of the target population that will help or hinder adoption of the innovation. There are five established adopter categories, and while the majority of the general population tends to fall in the middle categories, it is still necessary to understand the characteristics of the target population. When promoting an innovation, there are different strategies used to appeal to the different adopter categories.” 🔘 Innovators - These are people who want to be the first to try the innovation. They are venturesome and interested in new ideas. These people are very willing to take risks, and are often the first to develop new ideas. Very little, if anything, needs to be done to appeal to this population. 🔘 Early Adopters - These are people who represent opinion leaders. They enjoy leadership roles, and embrace change opportunities. They are already aware of the need to change and so are very comfortable adopting new ideas. Strategies to appeal to this population include how-to manuals and information sheets on implementation. They do not need information to convince them to change. 🔘 Early Majority - These people are rarely leaders, but they do adopt new ideas before the average person. That said, they typically need to see evidence that the innovation works before they are willing to adopt it. Strategies to appeal to this population include success stories and evidence of the innovation's effectiveness. 🔘 Late Majority - These people are skeptical of change, and will only adopt an innovation after it has been tried by the majority. Strategies to appeal to this population include information on how many other people have tried the innovation and have adopted it successfully. 🔘 Laggards - These people are bound by tradition and very conservative. They are very skeptical of change and are the hardest group to bring on board. Strategies to appeal to this population include statistics, fear appeals, and pressure from people in the other adopter groups.

#ASXNews Latin Resources Limited is pleased to share its Annual Report for the year ending 31 December 2023. #LRS has made significant strides in advancing our wholly owned Salinas #Lithium Project, contributing to the global efforts towards the low carbon energy transition, with a substantial increase in the mineral resource estimate for the project. There was a remarkable 241% increase in the Colina Mineral Resource, followed by a further 41% increase in December 2023 totalling 63.5Mt @ 1.3% Li2O, placing Latin among the largest scale TierOne undeveloped lithium resources globally. View the full report: https://loom.ly/TnQBy6Y #LatinResources #ASX

We are pleased to announce that CRU’s VP, North America, Frank Nikolic, will be opening the Direct Lithium Extraction 2024 Exhibition and Conference with his presentation on "The Scramble for Lithium, The New Oil," where he'll discuss: - Lithium's critical role in the energy transition and its universal application - Importance of access to Lithium amid ongoing geopolitical tensions - Canadian perspectives on becoming an important anchor for the North American supply chain Join industry leaders and experts on July 17-18 in Alberta, Canada to discuss the future of #lithium extraction and its critical role in global energy markets. Learn more here: https://lnkd.in/eC7Ea8ru #Sustainability #EnergyMarkets #SustainableEnergy

Lithium Universe (ASX:LU7) CEO Alex Hanly dives into the company's exciting growth trajectory, highlighting pivotal results from the Pre-Feasibility Study (PFS). These results underscore the project’s strong economic potential and its path toward rapid development in the growing lithium market. Key takeaways include: ➡️ PFS Highlights: Strong financial metrics and robust project fundamentals are positioning Lithium Universe for accelerated growth. ➡️ Bécancour Lithium Refinery: A smaller, proven design helps mitigate typical large-scale project challenges, ensuring smoother operations and greater cost control. ➡️ Québec’s Green Energy Advantage: Access to low-cost hydroelectric power not only reduces operational expenses but also enhances the sustainability profile of the project. ➡️ Counter-Cyclical Strategy: In a volatile market, Lithium Universe’s strategy to invest during downturns is a savvy move, preparing the company to thrive when demand rebounds. John Sobolewski Iggy Tan Jingyuan Liu Victoria Vargas Gernot Abl Pat Scallan Stewart Walters Holly Walters Riley Maring #Lithium #EnergyTransition #SustainableMining #ElectricVehicles #CleanEnergy

Can Chile's ambitious National Lithium Strategy propel it to the forefront of the global energy market, or will state control push investors away? In this #EnergyExplained blog post, CGEP experts Juan Carlos Jobet, Tom Moerenhout, and Diego Rivera Rivota explore the high stakes and potential pitfalls of Chile's state-centric approach to lithium production. Read now: https://lnkd.in/efm9JYS2

We've just posted the following update on our investor hub: Cosmos (ASX:C1X) signs option agreement with EAU Lithium for access to Bolivian lithium with Vulcan's A-DLE technology. RareX is a substantial shareholder in C1X with 10 million shares. Check out the full update and join in with the conversation at: https://lnkd.in/gvuFNabp #ree

Infinity Lithium is pleased to provide its annual report for the financial year ended 30 June 2024. In what has been a volatile year for the Lithium market, the Company has progressed the San José Lithium Project to its most advanced point to date with highlights including the lodgement and progression of the Project’s Exploitation Concession Application, the regional government of Extremadura classifying San José as a project of regional and general interest or “PREMIA”, the Award of an 18.8 million euro grant by the Spanish government and the completion of an Updated Scoping Study which included an underground mine and conversion process which has the potential to increase the Project’s output to over 33,000tpa of Lithium hydroxide. As Europe continues to strive for it's green future and to protect its own auto industry, San José is well positioned to cornerstone the region's development of an EV value chain which will be critical to its future success. For more details on these and other operational highlights from the year, as well as all the information contained in the report, please see the following link: https://bit.ly/3MV5t92

#ASXNews Velox Energy Materials (TSXV: VLX) is pleased to announce the QIC Critical Minerals and Battery Technology Fund (QCMBTF), a fund managed and administered by QIC Limited (“QIC”), has agreed to extend the long stop date of the subscription agreement until 31 March 2025. To support Velox’s dual listing on the Australian Securities Exchange (ASX), QCMBTF has agreed to extend the long stop date of the executed subscription agreement with Velox to the end of the first quarter in 2025. The previous date for satisfaction of conditions precedent was 31 December 2024. This extension is to enable Velox time to comply with all ASX requirements for a dual listing, as well as continuing to build the Company for a successful initial listing and longevity on the ASX. Velox’s President and CEO, Simon Coyle, commented: “QIC’s commitment to extend the long stop date of the subscription agreement reflects QCMBTF’s support. With critical minerals crucial to Queensland’s future, this support highlights Velox’s assets and the promising position of vanadium and other critical minerals in Queensland. “Velox continues to pursue a dual listing on the ASX, as we ensure the company is complying with all requirements of the exchange and building the Company for long term success.” VIEW the Announcement: https://loom.ly/Jk7yWMc #TSXV #VeloxEnergyMaterials #ASX