Tuesday, January 16, 2024

America’s Thirst for THIS Metal is Skyrocketing

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With the new 2024 tax credit for EVs now fully in effect, the United States shift to electric vehicles is officially underway.

Which is why demand for North American lithium is skyrocketing.

If the U.S. meets its target of 50% EVs by 2030, it will require 300 billion lithium-ion batteries—just for EVs alone.

The only problem is that China has its hands in nearly every pot of lithium in the world.

 

EV manufacturers are quickly realizing that they will need to procure subsidy-safe, non-China lithium for themselves.

And a newly acquired lithium deposit in Canada could just be the solution that U.S. based EV companies have been looking for to help meet supply demands…

Introducing "Project Yellowknife"

In Canada's Northwest territories lies a massive supply of precious white lithium – ready to be mined.

And the young company behind it all may potentially be sitting on one of the largest lithium deposits in North America.

Which could also yield massive windfalls for investors who get in early…

With the rules around U.S. EV subsidies changing as of January 1, 2024, and the third lithium bubble just beginning, this company can move far and fast.

Click here to get the name of the stock.

Regards,

Marin Katusa and the KR Special Situations Team

 


 

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HIGHLY BIASED: In our role, we aim to highlight specific companies for your further investigation; however, these are not stock recommendations, nor do they constitute an offer or sale of the referenced securities. Katusa Research has received cash compensation from American Lithium Corp as reported in their May 8, 2023 news release and is thus extremely biased. It is crucial that you conduct your own research prior to investing. This includes reading the companies' SEDAR and SEC filings, press releases, and risk disclosures. The information contained in our profiles is based on data provided by the companies, extracted from SEDAR and SEC filings, company websites, and other publicly available sources.

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