The race to secure lithium supplies for EV production is on THIS article taken from NILI.V board. Very interesting read.-- With GM's investment into Lithium Americas (LAC) and Ford's agreement with Albemarle (ALB) to secure lithium hydroxide for ~3M Ford Evs, the race to secure lithium supplies for EV production is on.
The growing demand for EVs in the US has spurred interest in regionalizing supply chains for greater security, sustainability and lower costs given the demand forecasted to become a major force growing at least 30 times by 2040, quickly outpacing supply.
Plus, the lag between commodity price signals and changes in supply is widening, hinting at an incoming commodities super cycle and creating a significant market opportunity for companies like Surge Battery Metals (NILI.v NILIF), which is strategically positioned to take advantage with its diverse portfolio of claims across BC and Nevada.