Water problems in Nevada presents an opportunity for BEA*** Lithium Timing and Why Now?
The global energy storage revolution is generating high demand for new sources of lithium (Li) with analysts forecasting significant demand increases for lithium carbonate and lithium hydroxide used in the production of lithium-ion batteries. Electric vehicles (EV) and grid energy storage are becoming a huge demand driver for lithium-ion batteries and the need for more lithium production. Battery giants and major automakers world-wide are scaling up battery production with mega-factories and are actively acquiring lithium through off-take and joint-venture agreements.