Lithium Chile Inc V.LITH

Alternate Symbol(s): LTMCF

Metals & Mining Industrial Metals & Minerals

Lithium Chile Inc. (Lithium Chile) is a Canada-based exploration and lithium resource company, which is engaged in the acquisition and development of mining properties in Chile and Argentina. The Company has portfolios in the junior mining sector with properties on approximately 13 lithium-rich salars, comprising of 111,978 hectares in Chile and 20,800 hectares in Argentina. The Company also owns four properties, totaling 21,329 hectares, that are prospective for gold, silver and copper. Exploration efforts are continuing on Lithium Chile's Carmona gold/silver/copper property which lies in the heart of the Chilean mega porphyry gold/ silver/copper belt. Its projects include Salar de Atacama, Salar de Laguna Blanca, Salar de Coipasa, and other properties.

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Lithium Chile Inc

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Post by goldennorthon Apr 01, 2022 4:01pm

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Post# 34568545

Future Lithium Demand Is Critical.

"Even in the most optimistic scenarios where every single raw material project in the pipeline comes on stream and existing operations expand aggressively, there will not be enough raw material for the battery supply chain as we go into 2030."

The demand for LItium is increasing rapidly. EV sales are at record highs, with EV sales in the U.S. expected to total close to 700,000 in 2022. Companies need to sign long term contracts to keep up with this demand. Lithium Chile Inc. is sitting as a very sizably key to the problem.

https://www.mining.com/carmakers-will-need-to-become-miners-benchmark/