China dominates the global supply chain for lithium-ion batteries but rival countries including North America are scrambling for more control over the “white oil.” North America is on the hunt for domestic lithium sources as demand for clean energy intensifies. Lithium is critical to developing rechargeable lithium-ion batteries that are key to reducing climate-changing carbon emissions created by cars and other forms of transportation. Although lithium reserves are distributed widely globally, the U.S. is home to just one active lithium mine, in Nevada. Where will the U.S. and the rest of North America get the lithium that it needs? The answer may be Nunavik, Quebec. One little-known lithium explorer offers investors immense discovery leverage in this area and a viable solution to a lithium supply deficit.
The Los Angeles Lakers had Kobe Bryant, the Bulls had Michael Jordan, and this explorerhas Shawn Ryan: The mining legend. Shawn Ryan is a name that has become almost synonymous with mining in the 21st century. His expertise led to the discovery of several important deposits in the Yukon including the multi-million-ounce Coffee Project that was acquired by Goldcorp for C$520M in 2016, which is now being steered toward production by mining giant Newmont. Ryan has been on the hunt again for the next big discoveryand it may be Nunavik, where a Lithium rush is unfolding. This company has begun 2023 exploration targeting the first-ever discovery of lithium-bearing pegmatite deposits in the underexplored mineral-rich region known as Nunavik!
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