Lithium companies' funding advantage

Lithium companies enjoy a funding advantage, noted Bradda Head Lithium CEO Charles FitzRoy.  

On Friday FitzRoy recorded Kitco Roundtable with mining audiences manager Michael McCrae.  

Bradda Head is advancing projects in Arizona and Nevada.  

With energy transition underway and governments supporting critical mineral businesses, FitzRoy noted that lithium companies have more options to raise money to continue their work.  

"There's a lot of support around funding," said FitzRoy. "Whether it's from [the Inflation Reduction Act] or from OEM's or major miners getting interested in the lithium space... that's enabling small companies like ours to grow."

Roundtable also talked about the rebound in gold off the Friday's job's numbers and China restricting the export of gallium and germanium.