Ready to Capitalize on the Growing Battery Industry It is well-known that lithium demand is set to rapidly outpace supply as companies commit toward ESG goals by creating EV vehicles. These don’t just include EV cars, but trucks, boats, and even planes. Besides cars, these other vehicles are going to require a much higher level of lithium only bolstering the already struggling supply gap. From simple economics, if demand rises, prices rise too, and with supply only slowly increasing relative to demand, this is the perfect environment for any lithium mining company to capitalize on.
https://www.prnewswire.com/news-releases/lithium-mining-market-in-high-gear-as-demand-continues-to-grow-at-an-accelerated-pace-301645780.html
- $GEMS.C is a company with interest in all sorts of lithium and battery-related projects in preparation of the green-energy boom.
- Their projects span lithium, graphite, cobalt, manganese, copper, and gold.
- One of their lithium projects, Camaro Lithium, is directly adjacent to $PMET.V’s Corvette lithium discovery. Similarly, $GEMS.C’s PAK South/Southeast projects are also adjacent to $FL.V’s SPARK and PAK deposits with recently discovered grades of 405m 1.5% Li2O.
- More recently, they’ve just begun their initial 600m three-hole program at the Rockstone Graphite project with a focus on twinning the GC-12-01 discovery hole, which intercepted 25% Cg over 24m.
Overall, $GEMS.C has a promising story in a rapidly growing industry. With governments trying to promote domestic manufacturing, NA-produced raw materials are only going to become more important.