In the 1990s, the United States produced over a quarter of the world's lithium.
Now, it's less than 1%.
With only one functioning lithium mine, Silver Lake, the US is struggling to meet its ever-growing lithium demands for EVs and utility-scale battery storage.
Fortunately, the US ranks fifth in global lithium reserves, with increasing discoveries.
To stimulate domestic production, the government has invoked the Defense Production Act, offering massive tax incentives to critical mineral miners and battery manufacturers.
In fact, the U.S. Government just declared Lithium a Critical Mineral.
And this is just the start.*
These benefits come with strict stipulations to limit dependency on foreign lithium, particularly from China.
Automakers are under pressure to source local lithium, igniting a new Lithium Rush, reminiscent of the Gold Rush.
Winner Takes All
The first manufacturer to produce a 100% Made-in-the-USA EV will dominate the market, as competitors struggle to match their prices.
Companies are scrambling to secure US-mined lithium, even purchasing mines outright to maintain a competitive edge.
Ford, Mercedes-Benz, Volvo, Tesla, Volkswagen…
America is staging a major counterattack in the lithium market.
This frenzied competition has led to vertical integration, with manufacturers seeking direct control over lithium supply.
Even Chinese car manufacturers are entering the fray, further intensifying the battle for lithium mines.
Over the next year, we're going to witness the world's most significant game of King of the Hill unfold—with the highest stakes.
That's why I want to bring your attention to this company looking to solve that problem…