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Pure Energy Minerals Ltd V.PE

Alternate Symbol(s):  PEMIF

Pure Energy Minerals Limited is a Canada-based lithium resource developer. The Company is engaged in the exploration and development of mineral properties. Its Clayton Valley lithium brine project (CV Project) is located in Esmeralda County, Nevada. The Clayton Valley Project contains an inferred mineral resource of approximately 218,000 tons of lithium carbonate equivalent (LCE). The Clayton Valley Project is located in central Esmeralda County, Nevada, approximately halfway between Las Vegas and Reno, Nevada, United States. Its Clayton Valley Project in the Clayton Valley of central Nevada for the exploration and development of lithium resources, comprises 950 claims over 23,360 acres (9,450 hectares). In addition, the Company is focused on new processing technologies for lithium through its collaboration with global multinational technology partners such as Tenova Advanced Technologies, at the process testing, engineering, and design stage on the Clayton Valley Project.


TSXV:PE - Post by User

Bullboard Posts
Post by Rechnerhandon Aug 23, 2015 3:45pm
158 Views
Post# 24044012

The Likely Provider of Lithium for Tesla’s Gigafactory

The Likely Provider of Lithium for Tesla’s Gigafactory" .....
Being a $33 billion company, TSLA is not likely to depend on junior miners to supply their lithium. They will likely stick with one of the three biggest lithium producers in the world, ALB. In their latest corporate presentation, ALB claims to be the #1 global provider of lithium now ahead of FMC and SQM. Maybe 5 years from now, ALB will have a supply problem and look to acquire lithium junior mining companies. The more likely scenario is that they’ll ramp up production at Silver Peak in anticipation of the increase in demand using a mine they own which is already producing and which is just a 3.5 hour drive from the Tesla “gigafactory”. Maybe they’ll start bringing in lithium from their Chilean operation. One thing we do know for certain is that Tesla won’t be committing any of their capital to lithium junior mining companies, no matter what those flashy PowerPoint presentations say."


https://www.nanalyze.com/2015/08/the-likely-provider-of-lithium-for-teslas-gigafactory/
Bullboard Posts