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April 2025

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The White House is showing its true colors on Ukraine.

While imposing biting trade tariffs on 185 countries this week, the Trump administration quietly lifted travel sanctions on one of Vladimir Putin’s closest advisers so he could come to Washington for talks.

Kirill Dmitriev is the Russian president’s money man as head of the country’s sovereign wealth fund. He was making the first visit by a Russian official to the US capital since Putin’s invasion of Ukraine three years ago.

This was the latest sign that President Donald Trump dreams of a new US business relationship with Russia — even as he launches a trade war against the wealthier and more diverse economies of US allies.

But the visit was not the only tell about Trump’s position this week.

The president also laid into Zelensky, accusing him of sabotaging the latest draft of a long-delayed agreement that would give the US access to Ukraine’s rare earth minerals. This is a “deal” that no Ukrainian president could ever agree to. Its new iteration would give the US veto power over a new board that would decide how the assets are exploited. It also states that Ukraine would not benefit from any revenues until US recoups all its assistance to the war effort — a figure that Trump — vastly inflating the truth – says is north of $350 billion.

These draconian conditions show an attempt to plunder Ukraine’s resources and to force the war’s violated victim to pay a form of reparations to a third party — the United States.

All of this is unfolding as Trump’s attempt to end the war — which he once insisted he could do in 24 hours — is foundering. Two supposed breakthroughs touted by the White House, a halt to attacks on energy installations and a maritime ceasefire in the Black Sea, are stalled. And Russia’s new demands on regaining access to international banking and trade would need buy-in from America’s skeptical allies in Europe.

But US concessions keep coming. The temporary lifting of Dmitriev’s pariah status is just the latest.

“With the Trump administration, we are now in the realm of thinking about what is possible,” Dmitriev said.

US media got excited last weekend when Trump offered rare criticism of Putin, telling NBC he was “pissed off” that he’d questioned Zelensky’s legitimacy. Less notice was taken when Trump smoothed over hard feelings while telling reporters on Air Force One that he believed Putin wanted peace. “I don’t think he is going to back on his word,” he said, adding: “I’ve known him for a long time.”

But it’s becoming obvious that Trump doesn’t know Putin as well as he thinks he does. Frantic and futile administration diplomacy on Ukraine has made clear that the Russian leader is doing what Moscow always does, talking and fighting at the same time and dragging out the peace process, such as it is, to further Russia’s position on the battlefield.

“For a war to end, at least one of the parties must change their war aims,” said Hein Goemans, a professor of political science at the University of Rochester and a specialist in end-stage conflicts. “Russia hasn’t really changed its war aims,” Goemans said, following an initial reassessment when its blitzkrieg failed to take Kyiv and topple Zelensky.

Then as now, Putin wants to lock in control of captured eastern regions, to crush Ukraine’s aspirations of assimilating with the west, and to oust Zelensky and install a pro-Moscow leader. Putin’s warnings that the “root causes” of the war must be addressed is also code for a NATO pullback in Eastern Europe.

Perceptions that Putin doesn’t want to end the war anytime soon were bolstered this week when he called up another 160,000 men. And the US military’s top commander in Europe Gen. Christopher Cavoli called Russia a “chronic threat” and “growing threat, one that is willing to use military force to achieve its geopolitical goals.”

The most charitable interpretation of the White House position is that it hasn’t yet twigged about these vital dynamics in the peace talks. A darker one is that it has, doesn’t really care, and wants to embrace Putin anyway.

This post appeared first on cnn.com

Prince Andrew’s links to an alleged Chinese spy were detailed in documents released Friday by British courts, which included a statement from a former close aide to the prince about the duke’s line of communication to China’s president Xi Jinping.

The 10-page statement from Dominique Hampshire in May of 2024 was part of a tranche of documents released by the courts following a request from numerous British media organizations regarding Prince Andrew’s relationship to the alleged spy, Yang Tengbo. The documents are part of Yang’s appeal of his exclusion from the UK in December, which he lost.

Yang reportedly forged a close relationship with the prince and was the co-founder of Pitch@Palace China, which expanded the duke’s Pitch@Palace initiative into China.

In a tribunal hearing in December that upheld the earlier decision to bar Yang from the UK, it was revealed that Yang was authorized to act on Prince Andrew’s behalf during business meetings with potential Chinese investors in the UK.

Former Home Secretary Suella Braverman told parliament in December she took the decision to ban Yang from the UK “because his presence posed a threat to our national security” and was “based on the advice of MI5,” the UK’s domestic security agency.

Yang has denied any wrongdoing.

Hampshire also said Yang helped Prince Andrew draft letters to Xi discussing the Eurasia Fund, something Yang had described in his written evidence to the tribunal as a way to “upgrade” the duke’s Pitch@Palace initiative “into an investment-type business, or a fund.” He was also tasked with talking to “relevant people” in China, per British press agency PA.

“The royal household, including the late queen, were fully aware of this communication – it was certainly accepted and it may be fair to say it was even encouraged – it was an open channel of communication that was useful to have,” Hampshire said in the statement.

Hampshire said he met twice with Prince Andrew and King Charles over the six months prior to giving his witness statement to discuss “what the duke can do moving forwards in a way that is acceptable to His Majesty.” Those talks included discussing the Eurasia Fund, according to PA.

Buckingham Palace said Friday that King Charles has met with Prince Andrew together with Hampshire over the past year to discuss proposals for independent funding, but Yang was never mentioned.

The relationship between the prince and Yang came about shortly after the duke’s disastrous 2019 BBC interview on his relationship with late sex offender Jeffrey Epstein, which Hampshire said led to his belief that the prince’s reputation was “irrecoverable.”

“This was a common feeling within the royal household, despite what the duke thought may happen. It was very clear internally within the royal household that we would have to look at options for the duke’s future away from royal duties,” Hampshire said in his witness statement, according to British news agency PA.

According to PA, Hampshire also said he never saw a “red flag” with Yang (who also went by the name Chris), and emphasized Yang “categorically does not have a close relationship with the duke.”

“Chris, of course, doesn’t have the duke’s telephone number or his email address and does not have the ability to talk directly to the duke on his own – ever. This is normal practice and Chris’s relationship with the duke is the same as numerous others,” he said, according to PA.

He also said Andrew “fully complied” with advice to end all contact with Yang.

Hampshire said in a separate statement on Friday that he left the royal household in 2022 and no longer provides advice to Andrew, according to PA.

This post appeared first on cnn.com

A Russian missile strike on the Ukrainian president’s hometown of Kryvyi Rih on Friday killed at least 16 people, including six children, according to Ukrainian authorities. The strike also injured over 50 people.

Ukrainian President Volodymyr Zelensky offered his condolences to the families of those killed and injured in his nightly address soon afterward.

“Many injured, houses damaged. The missile actually hit the area next to residential buildings – a children’s playground, ordinary streets,” Zelensky said.

Russia also targeted a power plant in Kherson with a drone on Friday, Zelensky said.

“Such strikes cannot be a coincidence – Russians know that this is an energy facility,” Zelensky said. “These types of facilities must be protected from any attacks, as per the promises Russia made to the American side.”

In a statement on Telegram, the Russian ministry of defense claimed the strike had targeted a meeting between Ukrainian and Western officers, describing it as “a high-precision strike… with a high-explosive missile on the site of a meeting with unit commanders and Western instructors in one of the restaurants in the city of Kryvyi Rih.”

“As a result of the strike, the enemy lost up to 85 servicemen and officers of foreign countries, as well as up to 20 vehicles,” the post claimed.

This is a developing story and will be updated.

This post appeared first on cnn.com

The Chinese military officials in brown uniforms fan out around rows of young trees, shoveling soil into freshly dug pits. The camera pans to the most senior leaders one by one, in order of rank. But one prominent face is conspicuously absent.

The news segment, aired Wednesday night on China’s state broadcaster, features a tree-planting event in the outskirts of the capital Beijing – an annual springtime tradition for the country’s military leadership spanning more than four decades.

But Gen. He Weidong, the second-highest-ranking uniformed officer in the People’s Liberation Army, was nowhere to be seen. Nor was he named as a participant in a report by the official state news agency.

Gen. He’s absence from the high-profile event has fueled ongoing speculation that the second-ranking vice chairman of the powerful Central Military Commission (CMC) may have become the latest – and most senior – casualty in leader Xi Jinping’s purge of the military’s top ranks.

As Xi’s No.2 general, He shares a long-standing relationship with the Chinese leader, dating back decades to the early days of their careers in the coastal province of Fujian.

Rumors about an investigation against He first surfaced among the Chinese dissident community following China’s annual political meetings last month. The 67-year-old hasn’t appeared in public for three weeks since the closing ceremony of the country’s rubber-stamp legislature on March 11.

The Chinese government has offered little in the way of clearing the air.

When asked about He’s situation at a news briefing on March 27, Defense Ministry spokesperson Wu Qian said: “There is no information on this matter, and we are not aware of the situation.”

It is now unclear what has happened to He, who also sits on the Communist Party’s 24-member Politburo.

Three weeks out of the public eye is not unheard of for a top general without a public-facing role and there is always a chance he resurfaces. But his no-show at a well-choreographed annual propaganda event stands out in a political system deeply attuned to the importance of symbolism.

“Clearly the absence of one CMC vice chair is important symbolically,” said James Char, a longtime PLA expert and assistant professor at the S. Rajaratnam School of International Studies in Singapore.

Similar to the Communist Party Congresses and annual “two sessions” political gatherings, “it’s important for all the major figures that the rest of the world know of to show up to be in the same picture, because it helps to demonstrate the power and – more importantly – the unity of the party,” Char said.

Reading the “tree leaves”

In the opaque world of Chinese politics, observers have long leaned on arcane signals of Communist Party traditions and protocol to interpret what is going on behind the scenes. The discipline, known as “tea-leaf reading,” has become more relevant than ever in Xi’s era as he centralizes power into his own hands and makes the decision-making process even more obscure.

And now, some experts are scouring this week’s events for clues on the fate of one of Xi’s top generals.

The annual ritual began as part of a nationwide tree-planting campaign launched by late paramount leader Deng Xiaoping in late 1981, following devastating floods he blamed on rampant deforestation. It was billed as a patriotic, selfless undertaking in “greening the motherland, building socialism and benefiting future generations.”

The following spring, Deng, then chairman of the CMC, planted the first tree of the campaign, setting a tradition that has since been carried on by successive Chinese leaders and military top brass.

Wednesday marked “the 43th consecutive year the CMC leadership has collectively participated in the voluntary tree-planting activity in the capital,” said Xinhua, the state news agency.

Since Xi came to power in late 2012, his two vice chairmen on the CMC had led military officers to plant trees without fail every spring – until He’s rare absence on Wednesday.

The first-ranking CMC vice chairman, Gen. Zhang Youxia, attended the event, so did two other generals on the commission, Liu Zhenli and Zhang Shengmin.

The only other uniformed CMC member who did not show up was Adm. Miao Hua, who was suspended under investigation in November for “serious violations of discipline” – a common euphemism for corruption and disloyalty.

“I think He’s absence is quite telling, but again, no one can be absolutely sure,” Char said. “There’s another school of thought, which is He Weidong was involved in the last two weeks with the preparations for the military exercises around Taiwan.”

Starting from Tuesday, combined forces of the PLA’s Eastern Theater Command held surprised exercises around Taiwan for two straight days, testing capabilities to blockade the self-ruling island, simulate strikes on its ports and other critical infrastructure, and launch long-range live-fire strikes.

The commander of the Eastern Theater Command from 2019 to 2022 was He. It was during his tenure that the Eastern Theater Command staged massive military drills and fired missiles around Taiwan in August 2022, in retaliation against then US House Speaker Nancy Pelosi’s visit to Taipei.

A prolonged absence from public view does not always signal trouble for Chinese officials. Some have resurfaced and resumed their duties. It’s also not uncommon for officials to be taken in for questioning by graft busters to assist investigations into colleagues.

Last November, Defense Minister Dong Jun was reported to be under investigation for corruption by the Financial Times, citing US officials. China’s Defense Ministry dismissed the report as a “sheer fabrication.” Dong reemerged in public a week later. The minister was also seen attending Wednesday’s tree-planting event on the state broadcaster.

Military purges

After coming to power, Xi consolidated control over the world’s largest military by taking down powerful generals from rival factions and replacing them with allies and loyal proteges.

But a decade on, having structurally overhauled the People’s Liberation Army and stacked its top ranks with his own men, Xi is still knee-deep in his seemingly endless struggle against graft and disloyalty – and is increasingly turning against his own handpicked loyalists.

Since the summer of 2023, more than a dozen high-ranking figures in China’s defense establishment have been ousted in a sweeping purge that focused on the country’s nuclear force and equipment procurement, including two defense ministers promoted to the CMC by Xi.

The ongoing turmoil roiling the senior ranks of the PLA has raised questions over Xi’s ability to end systemic corruption in the military and enhance its combat readiness at a time of heightened geopolitical tensions.

“Recurring purges of the senior-most PLA leaders indicate that Xi Jinping distrusts his officer corps,” said Drew Thompson, a senior fellow at the RSIS.

“The constant removal of so many senior officers, as well as the extent of corruption running to the very top undoubtedly has an effect on the PLA’s morale, and likely also its military capabilities,” Thompson added.

But some analysts noted that by this point, the PLA may have well become accustomed to the shake-ups in its high command.

“Leadership purges in the PLA seem to have become normalized to a point that it’s just part and parcel of being the PLA,” said Collin Koh, another research fellow at RSIS.

The Chinese military may have started to grow accustomed to the purges – to a point where it is able to isolate them from its daily operational activities and go on with business as usual, Koh noted.

“It does not necessarily mean that because of the purges, the PLA has started to relent on readiness. These purges might potentially have the effect of reminding the PLA to do their work better – if anything, if you want to escape the purges, then one way to do that is to obey what the party is telling you, which is to be prepared for conflict,” he said.

A close confidant

Like Miao, He is widely believed to have forged close personal ties with Xi during their overlapping years in Fujian, where the future Chinese leader was rising through the ranks as a local official in the 1990s and early 2000s.

Both He and Miao spent most of their early career serving in the former 31st Group Army in Fujian, which became a major power base for Xi. A string of military officers hailing from the 31st Group Army have been fast-tracked for promotion since Xi took power in late 2012.

Gen. He was no exception. In 2013, he was promoted to commander of Jiangsu Military District; less than a year later, he became commander of the Shanghai Garrison. In 2016, he was promoted yet again to command ground forces of the Western Theater Command, which oversees China’s border with India.

He was promoted to full general in 2017, when he became commander of the Eastern Theater Command, responsible for leading any military invasion or blockade of Taiwan.

But the ultimate sign of Xi’s trust in He came at the 20th Party Congress in 2022, when He landed the CMC vice chairmanship – an unusually rapid rise for an official who hadn’t served on the Central Committee of the ruling Communist Party.

During that leadership reshuffle, Xi stacked the CMC with six loyalists. If confirmed to be under investigation, He would be the powerful military body’s first sitting vice chairman to be purged by Xi and the third member on the current CMC to fall from grace.

The last time a sitting CMC vice chair was purged was more than three decades ago, when then-Party General Secretary Zhao Ziyang was ousted for sympathizing with student protesters in the 1989 Tiananmen pro-democracy movement.

“What happens finally to He Weidong gives us a window into how the political system in China is being restructured further under Xi Jinping,” Char said, noting the PLA’s reform of its rigid political structure.

“I don’t think anyone in the system now is irreplaceable,” he said. “This is what a political strong man does. He’s ruthless… he’s continuously purging his own ranks to keep his generals on their toes.”

This post appeared first on cnn.com

In this exclusive StockCharts video, Joe Rabil shows you how to use the ADX on monthly and weekly charts to find stocks with massive breakout potential. Joe walks you through several examples of stocks and ETFs that broke out of an extended period of trading sideways. He also discusses the recent stock market correction and where the SPY and QQQ are trading with respect to the support of moving averages.

This video was originally published on April 2, 2025. Click this link to watch on Joe’s dedicated page.

With the S&P 500 and Nasdaq dropping quickly after this week’s tariff announcements, investors are scrambling to identify areas of the market demonstrating strength despite broad market weakness.  The good news is that I was able to easily find strong charts with improving relative strength using the StockCharts platform.

As much as it feels like “everything is down” after Wednesday’s news on increased tariffs on a vast number of products, a quick review of the S&P 500 MarketCarpet on Thursday afternoon provides a quick reminder that plenty of stocks were actually trading higher into the afternoon.

Let’s review two stocks and one ETF demonstrating strength in recent weeks.  And if you’re looking for more potential ideas, perhaps review my Top Ten Charts to Watch for April 2025 with Grayson Roze!

Kroger Co. (KR)

When the economy is strong, and consumer confidence is high, we often see a surge in “things you want” such as travel and luxury goods.  During periods of economic weakness, those Consumer Discretionary names will struggle relative to “things you need” like cleaning products, household goods, and beverages.  So it’s not surprising that our first two charts are in the Consumer Staples sector!

Indeed, the chart of Kroger has a “long and strong” look to it, featuring a consistent pattern of higher highs and higher lows since the October 2024 breakout.  

Two pullbacks in March saw Kroger achieve a higher low above the 50-day moving average, confirming that buyers are coming into “buy the dips” and push the stock to new highs.  The most impressive feature of this chart is the steady uptrend in the relative strength.  As long as that series remains trending higher, it means Kroger provides an opportunity to do better than our struggling benchmarks.

Keurig Dr Pepper Inc (KDP)

Back in October 2024, Keurig Dr Pepper saw a series of downside gaps on disappointing earnings results.  I’ve highlighted these gaps with shaded areas so we can see how often these price ranges have come into play during subsequent price action.

We can see that KDP struggled to regain the lower price gap range late last year, with the 200-day moving average also serving as resistance during that period.  Then in February we finally saw a break above the 200-day before KDP eventually found resistance at the upper price gap from last October.  From late February through early April, Keurig Dr Pepper has basically traded between these two price zones, with the most recent upswing taking the stock back up to test the upper price gap range.

Similar to Kroger, I would say the most compelling piece of this chart is the improving relative strength.  If most stocks are in primary uptrends, then perhaps KDP does not look nearly as impressive.  But with Magnificent 7 stocks and other growth names pounding out clear distribution phases, the chart of Keurig Dr Pepper could provide an opportunity to outperform.

Utilities Select Sector SPDR Fund (XLU)

Now let’s consider utilities, a sector which is usually bucketed with other defensive groups yet has actually traded along with growth sectors at times over the last 12 months.  The reason for this shift has been partly due to the incredible energy needs of artificial intelligence, cryptocurrency mining, and other enterprises requiring heavy computer power.

The price structure of the XLU is fairly neutral at the moment, with this ETF basically stuck in a trading range since the 4th quarter of 2024.  But with most S&P 500 names trading below their 200-day moving averages, I’m immediately drawn to charts that remain above this long-term trend barometer.  The XLU has actually successfully tested the 200-day moving average three times in 2025, all resulting in short-term rallies.

The question here is whether the XLU can gain enough momentum to push above a clear resistance level around $82.  But even that does not actually come to pass, a chart remaining in a sideways trend could provide an easy way to ride out a period where the major benchmarks are losing value.  And given the higher-than-average dividend yield along with decent price action, the utilities sector seems like it deserves a second look.

Both KR and KDP were featured in our Top Ten Charts to Watch for April 2025, which you can access below!

RR#6,

Dave

PS- Ready to upgrade your investment process?  Check out my free behavioral investing course!

David Keller, CMT

President and Chief Strategist

Sierra Alpha Research LLC

Disclaimer: This blog is for educational purposes only and should not be construed as financial advice.  The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.  

The author does not have a position in mentioned securities at the time of publication.    Any opinions expressed herein are solely those of the author and do not in any way represent the views or opinions of any other person or entity.

Perth, Australia (ABN Newswire) – Altech Batteries Limited (ASX:ATC) (FRA:A3Y) (OTCMKTS:ALTHF) is pleased to announce that the Company showcased it’s CERENERGY(R) Battery technology at the prestigious Hannover Messe 2025, the world’s leading industrial trade fair. The event, which annually attracts over 200,000 visitors and 6,500 exhibitors from across the globe, provided Altech with a prime platform to introduce CERENERGY(R) to key stakeholders in the energy storage sector.

Altech’s CERENERGY(R) was prominently featured in the Energy Storage Hall, drawing significant attention from industry leaders, potential partners, and investors eager to explore next-generation solutions for clean energy storage. The company’s participation is part of a broader strategic effort to secure a strong commercial partner to help accelerate the commercialization of its sodium-alumina solid-state battery technology.

Throughout the event, Altech held numerous high-level meetings with representatives from energy companies, industrial manufacturers, and strategic investors looking to tap into the rapidly growing energy storage market. The response has been overwhelmingly positive, reflecting strong global demand for advanced battery technologies that can deliver high performance while reducing reliance on critical raw materials such as lithium and cobalt.

The Hannover Messe exhibition comes at a time when Germany is ramping up its defense and clean energy investments, driven in part by growing geopolitical uncertainties and the ongoing EU:US trade war. With energy security becoming a top priority, Altech’s CERENERGY(R) technology aligns perfectly with Europe’s strategic push towards energy independence and industrial resilience.

Group Managing Director Iggy Tan said ‘We are delighted by the level of interest in our CERENERGY(R) battery technology at Hannover Messe. The feedback we’ve received from potential partners and industry players has been extremely encouraging. As countries and industries accelerate their transition towards renewable energy, we see CERENERGY(R) as a game-changer in providing cost-effective, safe, and sustainable battery solutions.’

*To view photographs, please visit:
https://abnnewswire.net/lnk/8J6TA5ZV

About Altech Batteries Ltd:  

Altech Batteries Limited (ASX:ATC) (FRA:A3Y) is a specialty battery technology company that has a joint venture agreement with world leading German battery institute Fraunhofer IKTS (‘Fraunhofer’) to commercialise the revolutionary CERENERGY(R) Sodium Alumina Solid State (SAS) Battery. CERENERGY(R) batteries are the game-changing alternative to lithium-ion batteries. CERENERGY(R) batteries are fire and explosion-proof; have a life span of more than 15 years and operate in extreme cold and desert climates. The battery technology uses table salt and is lithium-free; cobalt-free; graphite-free; and copper-free, eliminating exposure to critical metal price rises and supply chain concerns.

The joint venture is commercialising its CERENERGY(R) battery, with plans to construct a 100MWh production facility on Altech’s land in Saxony, Germany. The facility intends to produce CERENERGY(R) battery modules to provide grid storage solutions to the market.

Source:
Altech Batteries Ltd

Contact:
Corporate
Iggy Tan
Managing Director
Altech Batteries Limited
Tel: +61-8-6168-1555
Email: info@altechgroup.com

Martin Stein
Chief Financial Officer
Altech Batteries Limited
Tel: +61-8-6168-1555
Email: info@altechgroup.com

News Provided by ABN Newswire via QuoteMedia

This post appeared first on investingnews.com

The lithium market faced continued pressure in Q1 2025 as oversupply and weaker-than-expected demand pushed prices to a four-year low, with the lithium carbonate CIF North Asia price dipping below US$9,550 per metric ton.

The broad market decline led many analysts to speculate that the market had bottomed and a rebound was imminent. This was further supported by production cuts in China and Australia aimed at stabilizing supply.

Despite near-term challenges, long-term prospects remain strong, highlighted by Rio Tinto’s (ASX:RIO,NYSE:RIO,LSE:RIO) AU$6.7 billion acquisition of Arcadium Lithium, the company formed by the merger of Allkem and Livent.

The major is also reportedly in talks to develop the Roche Dure lithium deposit in the Democratic Republic of Congo.

Long term electric vehicle (EV) market growth and a projected draw down in excess supply has prompted Benchmark Intelligence researchers to forecast a 12 percent compound annual growth rate for the lithium market over the next 10 years.

All lithium stocks listed had market caps above $20 million in their respective currencies when data was gathered. Data for Canadian stocks was collected on March 25, 2025, data for Australian stocks was gathered on March 27, 2025, and data for US stocks was gathered on March 31, 2025.

Top Canadian lithium stocks

1. Power Metals (TSXV:PWM)

Company Profile

Year-to-date gain: 163.04 percent
Market cap: C$196.57 million
Share price: C$1.21

Exploration company Power Metals holds a portfolio of diversified assets in Ontario and Québec, Canada. The company’s flagship Case Lake project in Ontario hosts spodumene-bearing lithium-cesium-tantalum pegmatites.

In November 2024, Power Metals identified a new pegmatite zone at Case Lake through soil sampling. The samples from the zone, located north-northwest of its West Joe prospect, revealed anomalous levels of cesium, tantalum, lithium and rubidium, which the company said ‘affirmed prospective drill targets’ for its winter exploration program.

On February 10, Power Metals announced the beginning of work associated with the maiden mineral resource estimate and preliminary economic assessment for Case Lake, which it expected to release in Q1 and Q2 of 2025 respectively.

Days later, on February 14, the company followed that announcement by releasing the final assays from its Phase 3 drilling at Case Lake, including “exceptional cesium oxide and tantalum intercepts” from the West Joe prospect. Power Metals stated it planned to begin its 2025 Phase 1 drilling sometime after early March.

The company’s share price rose in the weeks following the pair of announcements to reach a Q1 high of C$1.46 on February 25.

2. NOA Lithium Brines (TSXV:NOAL)

Company Profile

Year-to-date gain: 41.18 percent
Market cap: C$46.99 million
Share price: C$0.36

NOA is a lithium exploration and development company with three projects in Argentina’s Lithium Triangle region. The company’s flagship Rio Grande project and prospective Arizaro and Salinas Grandes land packages total more than 140,000 hectares.

In late January, NOA reported its completion of 28 vertical electrical sounding geophysics tests at the Rio Grande project as part of its 2025 exploration program.

The recent testing expands on past studies and will aid NOA’s water exploration program, refining one of three identified potential water sources.

In a subsequent corporate update on February 7, NOA outlined its plans for Q1 2025, which largely focused on the advancement of the Rio Grande project through geophysical evaluation and water exploration drilling. The company also plans to review engineering proposals for preliminary economic assessment work.

The company’s share price began climbing in early February and reached a Q1 high of C$0.37 on March 13.

The high came days after a Simply Wall Street report highlighted insider buying at the company, a signal of strong internal confidence.

According to the report, NOA insiders invested C$862,600 over the prior six months, with C$358,000 of that coming in a single transaction by CEO and Director Gabriel Rubacha. Additionally, they had not sold any shares in the prior 12 months.

3. Frontier Lithium (TSXV:FL)

Press ReleasesCompany Profile

Year-to-date gain: 35.56 percent
Market cap: C$141.38 million
Share price: C$0.61

Pre-production mining company Frontier Lithium aims to be a strategic and integrated supplier of premium spodumene concentrates as well as battery-grade lithium salts in North America.

The Company’s flagship PAK lithium project, which is a joint venture with Mitsubishi (TSE:8058), holds the “largest land position and resource” in a premium lithium mineral district located in the Great Lakes region of Ontario, Canada. Frontier also owns the Spark deposit, located northwest of the PAK project.

Shares of Frontier Lithium reached a Q1 high of C$0.79 on March 4. After already trending upwards through February, its share price peaked alongside news that the Government of Canada and the Ontario Government supported the company’s plans to build a critical minerals refinery in Northern Ontario.

Once complete the proposed lithium conversion facility will process lithium from PAK into around 20,000 metric tons (MT) of lithium salts per year. “This expected capacity would support the production of batteries for approximately 500,000 electric vehicles per year,” Frontier’s statement reads.

Top Australian lithium stocks

1. Tyranna Resources (ASX:TYX)

Company Profile

Year-to-date gain: 40 percent
Market cap: AU$23.02 million
Share price: AU$0.007

Africa-focused explorer Tyranna Resources is currently focused on its flagship Muvero lithium project in Angola.

In a January 30 update, Tyranna reported it completed a drill program totalling 11 diamond drill holes spanning 817 meters. Initial results from drilling at the Muvero and Loop prospects confirmed visible spodumene-bearing pegmatite. Additionally, core from the Muvero prospect will be used for metallurgical testing and structural data.

The company is also pursuing and evaluating additional projects that align with its strategy of focusing on in-demand metals, and had applied for one licence at that time.

Shares of Tyranna reached a quarterly high of AU$0.007 several times over the three month period.

2. Liontown Resources (LTR:AU)

Company Profile

Year-to-date gain: 24.53 percent
Market cap: AU$1.58 billion
Share price: AU$0.66

Liontown Resources has two assets in Western Australia, including the producing Kathleen Valley mine, which entered production during the second half of 2024 and transitioned to commercial production in January 2025.

The company’s Buldania project in the Eastern Goldfields Province of Western Australia has an initial mineral resource of 15 million MT at 1.0 percent lithium oxide.

In its fiscal H1 2025 financial update, Liontown reported that over 100,000 wet metric tons of spodumene concentrate had been shipped from Kathleen Valley between July and the end of December.

Liontown’s shares rose to a Q1 high of AU$0.735 on March 19, 2025, shortly after the release of the half year results.

3. Delta Lithium (ASX:DLI)

Year-to-date gain: 9.09 percent
Market cap: AU$125.39 million
Share price: AU$0.18

Delta Lithium is a diversified exploration and development company focused on discovering high quality, lithium bearing pegmatite deposits in Western Australia.

Currently, Delta is developing the Mount Ida gold and lithium project, which reportedly has a JORC-compliant resource of 14.6 million MT grading 1.2 percent. Additionally, the company is exploring its Yinnetharra lithium project, including the Malinda deposit, in the Upper Gascoyne Region.

Company shares registered a Q1 high of AU$0.20 on January 14.

On January 21, Delta released an exploration update for Yinnetharra that highlighted drilling and metallurgical results from the M1 pegmatite at the Malinda deposit.

“The program has realised highly positive metallurgical results, with pilot plant spodumene recoveries exceeding our Internal financial modelling and proving the whole-of-ore flotation flowsheet as suitable for the M1 mineralogy,” Managing Director James Croser said.

In a subsequent financial statement, Delta noted the submission of the mining lease application for the Malinda mining area and the commencement of Native Title negotiations. The company is also advancing its environmental permitting process at Malinda.

Top US Lithium Stocks

1. SQM (NYSE:SQM)

Company Profile

Year-to-date gain: 9.29 percent
Market cap: AU$11.36 billion
Share price: US$40.23

SQM is one of the world’s largest lithium producers with projects in South America and China, outputting both lithium carbonate and hydroxide.

In 2024, SQM produced approximately 210,000 MT of lithium, with about 180,000 MT sourced from its chemical plant in northern Chile and an additional 30,000 MT processed in China.

The lithium major also saw lithium sales increase 21 percent year-over-year to nearly 205,000 MT of lithium carbonate equivalent (LCE).

“However, the increase in volume was not enough to offset the continuous decline in prices, a trend we have been observing since early 2023,” the 2024 earnings report noted. “As a result, our average realized price dropped by more than 64 percent, from US$30,467 per ton in 2023 to US$10,936 per ton in 2024.”

Shares of SQM reached a Q1 high of US$45.61 on March 17, 2025.

In late February, SQM’s US$7 million investment in Andrada Mining’s (LSE:ATM,OTCQB:ATMTF)Lithium Ridge project received final approval from the Namibian government. The deal will see SQM obtain a 30 percent stake in the project with an option to increase to 50 percent.

FAQs for investing in lithium

How much lithium is on Earth?

While we don’t know how much total lithium is on Earth, the US Geological Survey estimates that global reserves of lithium stand at 22 billion metric tons. Of that, 9.2 billion MT are located in Chile, and 5.7 billion MT are in Australia.

Where is lithium mined?

Lithium is mined throughout the world, but the two countries that produce the most are Australia and Chile. Australia’s lithium comes from primarily hard-rock deposits, while Chile’s comes from lithium brines. Chile is part of the Lithium Triangle alongside Argentina and Bolivia, although those two countries have a lower annual output.

Rounding out the top five lithium-producing countries behind Australia and Chile are China, Argentina and Brazil.

What is lithium used for?

Lithium has many uses, including the lithium-ion batteries that power electric vehicles, smartphones and other tech, as well as pharmaceuticals, ceramics, grease, lubricants and heat-resistant glass. Still, it is largely the electric vehicle industry that is boosting demand.

How to invest in lithium?

Those looking to get into the lithium market have many options when it comes to how to invest in lithium.

Lithium stocks like those mentioned above could be a good option for investors interested in the space. If you’re looking to diversify instead of focusing on one stock, there is the Global X Lithium & Battery Tech ETF (NYSE:LIT), an exchange-traded fund (ETF) focused on the metal. Experienced investors can also look at lithium futures.

Unlike many commodities, investors cannot physically hold lithium due to its dangerous properties.

How to buy lithium stocks?

Through the use of a broker or an investing service such as an app, investors can purchase lithium stocks and ETFs that match their investing outlook.

Before buying a lithium stock, potential investors should take time to research the companies they’re considering; they should also decide how many shares will be purchased, and what price they are willing to pay. With many options on the market, it’s critical to complete due diligence before making any investment decisions.

It’s also important for investors to keep their goals in mind when choosing their investing method. There are many factors to consider when choosing a broker, as well as when looking at investing apps — a few of these include the broker or app’s reputation, their fee structure and investment style.

Securities Disclosure: I, Georgia Williams, hold no direct investment interest in any company mentioned in this article.

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Galan Lithium (ASX:GLN) has rejected a US$150 million (AU$240 million) cash bid from China’s Zhejiang Huayou Cobalt Co and France’s Renault Group to acquire its Hombre Muerto West and Candelas lithium brine projects in Argentina, The West Australian reports.

Described as unsolicited, conditional, and non-binding, the offer from battery materials giant Zhejiang Huayou and EV manufacturer Renault was deemed “opportunistic” and “undervalued,” the report noted.

Galan and its advisors refused the offer, asserting confidence in the long-term value of its flagship Hombre Muerto West project, which is nearing production of 5,400 tonnes per annum (tpa) of lithium carbonate equivalent. They believe the project holds greater potential to deliver superior returns for shareholders.

Read the full study here.

Click here to connect with Galan Lithium (ASX:GLN) for an Investor Presentation

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