Demand for lithium is skyrocketing. Driven by the meteoric rise in EV demand, the price of lithium has shot up 20x in the past two years, from $5,000/ton to nearly $80,000/ton. But this is just the beginning of a decades long supply crunch. By 2025, demand is expected to outstrip supply by a multiple of 15 times. By 2040, global demand for lithium is expected to grow 4,000% from today. Thankfully a series of new discoveries across North America are offering hope that lithium shortages can be avoided. In particular is an early-stage lithium explorer with projects in two of the world's most favorable jurisdictions, Clayton Valley, Nevada, and Manitoba, Canada. The regions are home to the only producing lithium mine in the As well as the only hard rock lithium mine in Canada, And this junior has already commenced the next phase of drilling at both the Clayton Valley and Manitoba projects. |
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Wednesday, February 15, 2023
Big news is accelerating this junior lithium explorer
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