OTCQX:SREMF - Post by User
Comment by
Mark101on Jun 12, 2011 8:03pm
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RE: BREAKTHRU TECH TO REDUCE LI DEMAND
RE: BREAKTHRU TECH TO REDUCE LI DEMAND
Its very early to tell if this new technology would in fact reduce the amount of lithium needed over the life time of the battery. The way I read this is the slurry will have to be dumped and re-plenish every once in a while, so that would mean more lithium needed to re-fill the battery.
Its not news that would affect my decision to invest in lithium. In the not so distant future all vehicles on the road will either be Hybrid or EV. There's also a huge chance that lithium batteries will be used in power grid energy storage. Look at Germany for example, their getting away from nuclear and expanding on renewable energy. They will need an enormous amount of energy storing capability to succeed with their plans.
IMHO any lithium company producing the material will be worth a fortune in the future.
Long on all my lithium stocks.