New Report: Grid Battery Metals is Advancing Lithium Project Grid is advancing a portfolio of four Electric Vehicle (EV) metal projects in Nevada, and B.C. Nevada is one of the most attractive mining jurisdictions in the world, hosting Albemarle’s (NYSE: ALB) Silver Peak mine, the only lithium producing mine in North America.
The mineralization of CELL’s lithium projects (Texas Spring, Clayton Valley, and Volt Canyon) is similar to that of advanced stage projects in Nevada, such as Lithium America’s (NYSE: LAC/MCAP: $1.4B) Thacker Pass project, and projects held by Ioneer (ASX: INR/ MCAP: $449M), American Lithium (TSXV: LI/MCAP: $196M), and Surge Battery Metals (TSXV: NILI/ MCAP: $63M). Based on the projects’ similarities and proximity, we see opportunities for M&A/consolidation in the region.
CELL's management was responsible for the discovery of Surge's North Nevada Lithium Project (NNLP). Following their departure from Surge, the team established CELL by acquiring the nearby Texas Spring Lithium Project.
Read the full report here: https://www.researchfrc.com/content/reports/post/80/advancing-lithium-projects-near-established-players-in-nevada
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