Canadian junior miner Wealth Minerals just secured regulatory approval to operate its lithium project in Chile, and the timing couldn't be better. Lithium prices are starting to recover after a rough patch, which means new supply coming online could capture real value. For the crypto community watching energy costs and mining economics, this kind of resource development matters—especially as demand for batteries (and by extension, the industrial side of blockchain infrastructure) keeps climbing. Worth keeping an eye on how these price movements affect mining profitability down the line.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
10 Likes
Reward
10
6
Repost
Share
Comment
0/400
GasFeeBarbecue
· 6h ago
Lithium mining is picking up, now there's hope for energy costs. Otherwise, mining would be losing money day by day.
View OriginalReply0
LiquiditySurfer
· 23h ago
Hmm, the timing of this lithium price rebound is indeed perfect. The real profit comes from the increased supply.
View OriginalReply0
DeFiCaffeinator
· 01-06 21:25
Lithium mining benefits are good, but can this traditional energy stuff really boost on-chain mining economy... It still seems to depend on electricity costs.
View OriginalReply0
UnluckyMiner
· 01-06 21:24
Chilean lithium mine approved? Alright, now energy costs might have a chance. We miners can finally breathe a sigh of relief.
View OriginalReply0
TokenomicsTrapper
· 01-06 21:17
lol "timing couldn't be better" is literally what they say before the dump. actually if you read the sec filings, vesting unlocks start next quarter... classic exit pump pattern tbh
Reply0
MetaverseVagrant
· 01-06 21:16
Lithium prices rebound, and this timing is truly perfect... But can Chile really smoothly ship out the goods?
Canadian junior miner Wealth Minerals just secured regulatory approval to operate its lithium project in Chile, and the timing couldn't be better. Lithium prices are starting to recover after a rough patch, which means new supply coming online could capture real value. For the crypto community watching energy costs and mining economics, this kind of resource development matters—especially as demand for batteries (and by extension, the industrial side of blockchain infrastructure) keeps climbing. Worth keeping an eye on how these price movements affect mining profitability down the line.