Commodities: Structural Shortages, WTI Oil $75The perfect storm for Lithium demand, in particular, advanced Lithium developers like Frontier approaching the construction phase decision making.
General Motors investing in California Lithium project to secure "critical" long term steady source of Lithium compound for GM's aggressive electrification EV rollout platform is a clear indication the largest Lithium end users are scrambling and moving swiftly to acquire the "key" Lithium developments that can scale production to meet the burgeoning EV demand (especially as WTI Oil quickly climbs higher & higher & drivers to realize higher prices at the pumps, hence further increased EV substitution).
In terms of scaling Lithium production to meet the largest Lithium end user demands, and with some of the highest Lithium grades in North America, once in production, Frontier Lithium is well equipped to scale its production to meet the rapidly rising global demands.