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.

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Nemaska Lithium Inc

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Comment by mick1888on Mar 21, 2019 10:55am

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Post# 29516786

RE:RE:2019 to transition lithium market into stellar demand growth

Come on guys, less of the fake news and/or dodgy reports. It was Germany (not China) that signed up with YLB. And at best production won't commence until at least 2022 (in fact it normally takes about 10 yr for brine final product to be produced). Check Reuters report (reputable) Dec 2018....lol.

CanadaCoin wrote:
ThunderKush wrote: https://investingnews.com/innspired/lithium-market-outlook-lithium-triangle-mergers-acquisitions/

I had no idea that the Bolivia SOE has finally started to develop their vast lithium resources. They alone, have enough lithium resources to supply the global growth for the next 50 years. A few years ago, they said Bolivia will never get this high demand resource to market. So, it's not surprising to see that Chinese have come to their rescue.....with a starting production of 60,000 tonnes/annum.

No wonder the Chile SOE backed off the lithium sector....for the Chinese dictate the geographical markets, they presently consume the majority of all global lihium demand.

Thanks for sharing Thunder....great info!