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Surge Battery Metals Inc. V.NILI

Alternate Symbol(s):  NILIF

Surge Battery Metals Inc. is a Canadian-based company. The Company’s Nevada North Lithium Project flagship property is dedicated to exploring clean high-grade lithium energy metals in Nevada USA - essential for powering tomorrow's electric vehicles. The Company’s management team boasts a strong track record of delivering significant shareholder value. The Company is led by a board and management team with seasoned lithium experts, who previously played pivotal roles in the successful Millennial Lithium venture (sold to Lithium Americas for US$491 million).


TSXV:NILI - Post by User

Post by deepoil0808on Apr 07, 2024 12:33am
262 Views
Post# 35975255

96% of the U.S. lithium sits in NEVADA (Surge is a big part)

96% of the U.S. lithium sits in NEVADA (Surge is a big part)

The Next Gold Rush: Lithium Surge Creates New Investment Opportunities

  • U.S. lithium projects hold a significant amount of lithium carbonate equivalent (LCE), making the country a potential leader in lithium production.
  • Current U.S. lithium production is low compared to imports, indicating strong demand for the mineral.
  • U.S. lithium companies have the chance to capitalize on the growing demand for lithium and contribute to the transition to sustainable energy sources.


U.S. Lithium Opportunities, By State

U.S. lithium projects mainly exist in western states, with comparatively minor opportunities in central or eastern states.

Currently, the U.S. is sitting on a wealth of lithium that it is underutilizing. For context, in 2022, the U.S. only produced about 5,000 metric tons of LCE and imported a projected 19,000 metric tons of LCE, showing that the demand for the mineral is healthy.  

https://oilprice.com/Metals/Commodities/The-Next-Gold-Rush-Lithium-Surge-Creates-New-Investment-Opportunities.html

 

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