LION establishing a base and ready to win on battery BOOM LION closes up another 6% to $0.17 as a few very high volume days last week and some serious accumulation has given this a new base and looks ready to go much higher.
LION is poised to see a significant gain as the rapidly growing EV sector with companies like TSLA leading the way, are quickly growing the demand for battery metals including Graphite. Graphite market is predicted to witness a 7.4% CAGR between 2020 and 2030.
LION Graphite mine in Madagascar is set to start producing very soon and is perfectly located to export to some of the highest demand countries in the world.
https://menafn.com/1101567070/Rising-Lithium-Ion-Battery-Demand-To-Take-Graphite-Market-to-368891-Million-by-2030