Cruz Battery Metals Renews Lithium Claims in Nevada, Strengthening Position Amid Market Rebound

Cruz Battery Metals Corp. has renewed its lithium claims in Nevada, directly bordering American Lithium Corp.'s TLC project. The company's President, James Nelson, stated that the renewal maintains a significant foothold in a region attracting global attention for its battery metals potential. Cruz is now evaluating future work programs and advancing strategic plans to unlock the value of its assets. The lithium market is showing renewed strength, with prices rebounding sharply from recent lows.

Cruz Battery Metals Corp. has renewed its lithium claims in Nevada, directly bordering American Lithium Corp.'s TLC project. The company's President, James Nelson, stated that the renewal maintains a significant foothold in a region attracting global attention for its battery metals potential. Cruz is now evaluating future work programs and advancing strategic plans to unlock the value of its assets.

The lithium market is showing renewed strength, with prices rebounding sharply from recent lows. As of August 25, 2025, the lithium spodumene concentrate Index (Li2O 5.5%-6.2%, excluding tax/insurance/freight) spot price was USD 934, significantly higher than the past month [1]. China lithium carbonate spot prices have also seen a significant increase, now at CNY 85,683, which is approximately USD 11,953 [1].

The market's resurgence is driven by the increasing demand for electric vehicles (EVs) and battery energy storage systems (BESS). Worldwide battery storage installations were up 54% in H1 2025, with June setting a monthly record [1]. The data indicates that the full year 2025 is currently tracking at just over 412 GWh of planned deployments.

Cruz's strategic positioning in Nevada is not the only development in the lithium sector. LibertyStream Infrastructure Partners Inc. announced the acquisition of a commercial lithium carbonate refining unit in Texas, capable of producing up to 10 tonnes per annum of industrial and battery-grade lithium carbonate [1]. Meanwhile, Galan Lithium is developing its flagship Hombre Muerto West (HMW) Lithium Project in Argentina, with Phase 1 construction on track for completion in H2 2025 [1].

Atlas Lithium Corp. has completed a Definitive Feasibility Study for its Neves Project in Brazil, estimating a 145% internal rate of return and an 11-month payback [1]. Vulcan Energy Resources, based in Germany, is developing a geothermal lithium brine operation in the Upper Rhine Valley, with plans to commence commercial production at the Zero Carbon Lithium Project by the end of 2026 [1].

The renewed interest in lithium mining and processing is also evident in the increased funding for critical minerals. The US Energy Department unveiled $1 billion in funding to boost critical minerals, while China has unleashed a lithium market frenzy [1].

As Cruz Battery Metals Corp. evaluates its future work programs, the renewed strength in the lithium market presents both opportunities and challenges. The company's strategic positioning in Nevada could provide a significant advantage in the global race for battery metals.

References:
[1] https://seekingalpha.com/article/4817002-lithium-junior-miners-news-for-august-2025