Lithium, Copper and other battery metal assets in the DRC According to projections, the global demand for lithium is expected to surpass two million metric tons by 2030, which is double the demand forecasted for 2025. The driving force behind this surge in demand is largely attributed to the growing need for lithium in batteries for electric vehicles. Those looking for the next high-potential lithium exploration company should consider African Energy Metals (Tickers: CUCO.v or NDENF for US investors).
(Source: https://www.statista.com/statistics/452025/projected-total-demand-for-lithium-globally/)
CUCO holds several concessions in the Manono area of the Democratic Republic of Congo (DRC) with promising deposits of not only lithium but other battery metals like tin, tantalum, and rare earth elements. Overall CUCO controls 30 Kms² in clean titles in Manono and the company intends to expand its holdings in the region.
CUCO also controls the King Luba Projects in the DRC. These concessions have diverse battery metal mineralization.
The PR13723 concession holds immense promise for lithium and other critical battery metals, such as tin, tantalum, tungsten, and cobalt, as well as gold.
Some of the concessions are also highly prospective for copper and cobalt. The PR 13724 concession is strategically located a mere 45km away from the renowned Tenke Copper Cobalt mine, while the PR 13727 concession is only 40km away, underscoring their copper and cobalt potential.
CUCO's King Luba and Manono concessions in the DRC offer significant potential for lithium and other critical battery metals, making them a highly promising investment opportunity in the rapidly growing battery industry.
Learn more about CUCO and its properties here: https://africanenergymetals.com/wp-content/uploads/2022/07/African-Energy-Metals-Corporate-Presentation_2022_July.pdf Posted on behalf of African Energy Metals Inc.