Pure Energy Minerals Ltd V.PE

Alternate Symbol(s): PEMIF

Metals & Mining Industrial Metals & Minerals

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.

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Pure Energy Minerals Ltd

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Post by hiccup2019on Jan 22, 2021 4:28pm

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Post# 32362120

RE: what's causing the run up?

Albermarle said recently they were expanding so Clayton Valley companies could be a takeover. Demand for lithium is strong along with trend in green tech.

All major auto companies are going electric and they need lithium. Joe Biden is green president so that's helping the stock price too. He just signed back on the Paris climate change accord or whatever it's callled.

PE is close to Tesla so they may in the hunt for local supply contracts too although I don't know that.

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