NILI Chairman on the future of the Nevada North Lithium Proj GlobalData predicts a substantial upsurge in worldwide demand for lithium, with projections indicating a doubling from an estimated 47,300 tonnes in 2020 to 117,400 tonnes by the year 2024. Seizing the opportunity presented by this flourishing industry, Surge Battery Metals Inc. (Ticker: NILI.V or NILIF for US investors) strategically concentrates on exploring high-value battery metal properties to meet the escalating requirements.
Source: https://www.mining.com/global-lithium-demand-expected-to-double-by-2024/
Surge Battery Metals Inc.'s Nevada North Lithium Project has yielded promising findings, showcasing samples that average 3,943 ppm of lithium across 120.4 meters in lithium-rich claystone.
In a recent interview, Graham Harris, chairman of NILI, discusses the risks and potential rewards of developing a lithium project in Nevada.
The interview highlights how NILI's share price has greatly increased this year as it strives to move its Nevada Lithium Properties closer to production. Today NILI closed 6% up on high volume putting it up 1,167% over the year.
Harris highlights NILI's long-term focus and goal of building a project that stands to benefit from lithium's expected price rises over the coming decades.
He says that NILI expects to capitalize off of looming lithium supply shortages by advancing its projects as quickly as possible. NILI is currently drilling at Nevada North and is planning to conduct a feasibility study for the project within the next 24 months.
Watch the full interview here: https://www.bnnbloomberg.ca/commodities/video/it-s-imperative-that-we-develop-a-north-american-lithium-supply-chain-surge-battery-metals-chairman~2756346 Posted on behalf of Surge Battery Metals Inc.