We’ve seen lithium prices stay well above pre-pandemic levels even with the recent decline in prices, keeping it an extremely profitable environment for miners. As they continue to post record profits and close multi-billion dollar acquisitions, the lithium mining environment has never seen more capital investment than today. And with lithium expected to see exponential growth as EVs and portable electronics continue to see higher demand and increase their battery capacity, there’s a significant need for new mines to come online.
https://equity.guru/video/the-future-of-lithium-how-the-market-is-shaping-up/
With investments continuing to enter the space, it’s all about picking the right company with the right projects. $SCV.C is definitely one to keep an eye on as they’ve already discovered some interesting things at their project.
- Intersected sections of lake sedimentary origins returning high lithium mineralization of up to 461 ppm from the lower lacustrine sequence.
- Adjacent to Albemarle’s Silver Peak mine, and is one of the largest landholders in Clayton Valley with one of the lowest valuations.
As exploration is further optimized from the recent drill program, there will definitely be a lot more potential here as they continue to explore. Definitely keep an eye out for continued exploration efforts as they’re still in a very early stage.