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Nemaska Lithium Inc NMKEF

Nemaska Lithium Inc is a Canada based lithium company. It is engaged in exploring and evaluating lithium properties and processing of spodumene into lithium compounds in Quebec, Canada. The company supplies lithium hydroxide and lithium carbonate to the lithium battery industry used in electric vehicles, cell phones, tablets, and other consumer products.


GREY:NMKEF - Post by User

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Post by Babyboom51on Oct 20, 2017 3:31pm
126 Views
Post# 26838392

3 jours en ligne qu’on parle de Menaska....

3 jours en ligne qu’on parle de Menaska....

USA News Group News Commentary 

 

LOS ANGELES, October 20, 2017 /PRNewswire/ -- 

As Ford signs a new deal for electric cars in China, demand for lithium is in the spotlight once again and these 4 Canadian companies are positioned to capitalize. Companies engaged in lithium exploration, production, and refining include Nemaska Lithium (TSX: NMX) (OTC: NMKEF), Lithium Americas Corp. (TSX: LAC) (OTC: LACDF), Critical Elements Corp. (OTC: CRECF) (TSX-V: CRE), and Far Resources Ltd. (CSE: FAT) (OTC: FRRSF). 

Lithium has been aptly labeled the "new gasoline" by Goldman Sachs as demand for the metal continues to outpace supplies. 

The expansion of the electric vehicle (EV) market is expected to be a key factor in the rising demand. Clearly Ford Motor's new deal to produce electric vehicles in China adds another level to the already heavy demand being placed on the lithium industry. 

That's in addition to Tesla's new Gigafactory in Nevada, which is expecting to produce enough lithium ion batteries to power 500,000 electric cars per year by 2020. 

There are some promising lithium companies positioned to be suppliers of the world's new energy source of choice. 

Canada's group of lithium focused mining companies promise to be some of the first suppliers to take up the slack. 

One that's moving full speed ahead is FAR Resources Ltd. (CSE: FAT.CN) (OTC: FRRSF), which has a solid legacy of production based on its "historical" resource of high quality lithium in the province of Manitoba. 

Other Canadian mining firms are also working furiously to tap the reserves for valuable lithium. These include Nemaska Lithium Inc. (TSX: NMX.TO)

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