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Bullboard - Stock Discussion Forum Critical Elements Lithium Corp V.CRE

Alternate Symbol(s):  CRECF

Critical Elements Lithium Corp is a Canada-based mining exploration company. The Company is engaged in the acquisition, exploration, development and processing of critical minerals mining properties in Canada. Its projects include Rose Lithium-Tantalum, Rose North, Rose South, Arques, Bourier, Dumulon, Duval, Nisk, Lemare, Caumont, and Valiquette. The Rose Lithium-Tantalum property consists of... see more

TSXV:CRE - Post Discussion

Critical Elements Lithium Corp > Is Elon Musk Wrong About Lithium?
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Post by rockhound01 on Dec 10, 2020 11:57pm

Is Elon Musk Wrong About Lithium?

Interesting article. Bottom line is all of these companies will need lithium. I think a lot of people are asleep at the switch and there's going to be a resource deficit causing a mad dash...hopefully including CRE.

"Tesla's marketplace is likely to look very different from the current one, with Bloomberg Energy Finance (BNEF) predicting the company could be going up against ~500 EV brands by 2030 from a few dozen currently."


https://www.baystreet.ca/commodities/4389/Is-Elon-Musk-Wrong-About-Lithium
Comment by Montreal1010 on Dec 11, 2020 10:45am
This article is saying the same thing. According to Livent CEO:  “If every EV company took their 2023 plans and went to the lithium market today, they’d probably only get about 15% of their needed supply of lithium.” Full article: https://www.forbes.com/sites/forbesfinancecouncil/2020/12/04/why-lithiums-salad-days-are-ahead/?sh=6e6f4ff46058  Today doesn't fell like a Firday, we ...more  
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