| 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 discoveries in North America are offering hope that lithium shortages can be avoided.
In particular is an early-stage lithium explorer with 4 projects in one of the world’s most favorable mining jurisdictions – Nevada.
The state is home to the only producing lithium mine in the USA, Albemarle’s Silver Peak.
But that won’t be the case for long.
With the first stimulus money now rolling out to nearby Ioneer, to the tune of $700 million, a lot of eyes are on this strategic location.
In particular is an this junior is mobilizing for a full exploration of three of their projects.
That means it’s only a matter of time before news comes rolling in.
Initial sampling has so far been promising.
Access your free report now and find how one veteran mining team is poised to break ground in the highly prospective Railroad Valley and Thompson Valley. |
