Nemaska Lithium Inc NMKEF

RE:Strategic and Financial Partners

[Takeactionnow]

Declining lithium prices are a factor in evaluating the project's return on investment, but the expectation is that the price trend will have reversed by 2023 owing to dramatically increased demand.  2019 saw lithium ion cell business globally of US$31.654 billion (wholesale), with projections of this figure growing (in 2020 $ terms) to US$427 billion by 2035.  Parties looking at the Nemaska project understand that time is very much in their favour, since construction can be completed and the mine/plant operational just as global demand is ramping up.

phantom666 wrote: As of April 06 there are 10 strategic and 12 financial partners that are putting a package together with 3 strategic and 1 financial being scrutinized before allowed in. With another 93 not heard from yet. IMO it seems that they are trying their hardest to keep NMX as NMX.