Growing Lithium Prices and Demand With the growing demand for EVs, especially in the US and specifically California, Lithium prices are hitting new record highs. There is a big need for North American-sourced lithium.
https://www.zerohedge.com/commodities/lithium-prices-hit-new-record-ev-affordability-concerns-mount
LithiumBank Resources' (LBNK.V LBNKF) flagship project, Boardwalk Lithium is located in Alberta and has an inferred resource estimated at 1.122M tonnes of Elemental Lithium.
With this, it has the potential to be North America's largest contiguous elemental lithium land package
I think that it is clear that demand for lithium is likely to go up going forward. By the time Boardwalk gets to the production phase we could see it become a major supplier of NA-sourced lithium IMO.
Today LBNK closed at $0.90, MC is 33.457M