News for PepinNini Minerals Limited (PNN.AX)

Diversified exploration company Power Minerals (ASX: PNN) has intersected multiple zones of elevated rare earth elements (REE) during maiden drilling at its Eyre Peninsula kaolin-halloysite project in South Australia.

Read PepinNini Minerals Limited (ASX:PNN) Insider David Turvey Acquires 105,000 Shares of Stock at ETF Daily News

Power Minerals (ASX:PNN) has recently completed phase one drilling at the Santa Ines copper-gold project in northwest Argentina.

The US State Department says demand for minerals like nickel, lithium and cobalt is projected to grow in the coming decades and the new Minerals Security Partnership (MSP) will bolster supply chains.

Bloomberg Intelligence reckons that by 2024 Volkswagen could push Tesla out of the top spot, selling well over 2 million electric vehicles that year.

Or, FOUR reasons why GS is completely wrong and why the lithium market will remain in structural shortage until 2025.

Mining giant Rio Tinto has made a US$10m equity investment and partnered with Nano One to provide iron and lithium for its ‘One Pot Process’ for lithium-ion battery cathode production.

Volkswagen is considering an in-house battery cell manufacturing plant in America as part of its $7.1b effort to improve its US offering.

Uber says its investing $26m to increase Aussie electric vehicle (EV) uptake by cutting service fees in half for driver-partners using EVs on the platform until mid-2025.

The EU is eyeing a proposal to classify lithium as dangerous for human health, which Albemarle says could close its German plant and hinder the localisation of the EU battery supply chain.

There are only 5 EV models in Australia under $60,000 – and none under $40,000 – but Anthony Albanese’s new Labor Government is set to make them cheaper with the Electric Car Discount kicking off on July 1st.

Car makers and battery manufacturers are more eager than ever to develop electric vehicle models with solid state lithium-ion batteries.

The surge in battery raw material prices has led to speculation that automotive companies could switch out their preferred battery types for cheaper options.

S&P analysts reckon the lithium carbonate market will be in a 50,000t deficit in the next four years – but that prices will ‘stabilise’ to around US$25,000/t over the next 12 months.

The lure of a 10-bagger often encourages mining investors to go “where fewer people have gone before”, Rick Rule says. But risks abound.

Guy Le Page's goldie picks for the coming rotation, Chris Brycki's problems with thematic ETFs, and the ASX's most shorted stocks in April.

Closing Bell: Between rocks and a hard place (to get COVID), small caps crash and stimmy hopes dash on China lockdowns

Three green hydrogen stocks rising above the field, why Woodside's BHP merger could be a genuine moneyspinner, and Katana Asset Management's best anti-inflation bets.

Hitting an all-time high of 19,321.70 points on April 19, the S&P/ASX 200 Materials index (XMJ) then plummeted ~11% in a week.