Citi on Lithium's Expectation to Surge 'Citi Expects Lithium To Surge 20-25% In The Next 2-3 Months' on supply curtailment and physical rebalancing, with prices expected to rise from $11,000/ton to $13-14,000/ton on COMEX. (Source:
https://www.tradingview.com/news/reuters.com,2024:newsml_FWN3KT0VL:0-citi-expects-lithium-to-surge-20-25-in-the-next-2-3-months-on-supply-curtailment/)
Notably, this bullish market sentiment aligns with the efforts of a range of companies, including EMP Metals (EMPS.c EMPPF) who recently secured full ownership of its Saskatchewan lithium assets.
In Saskatchewan, lithium is primarily extracted from brine rather than hard rock, a more environmentally friendly method, thus the region has garnered interest due to its promising geological conditions and existing infrastructure, which may lower costs and improve access for development.
Notably, EMPS has been leading the way the province following its pilot project with Koch Technology Solutions which achieving impressive results with over 97% lithium recovery and 99% impurity rejection, setting a new industry benchmark standard.
Well-positioned to capitalize on these market dynamics, EMPS is establishing itself as a key player in innovative North American lithium extraction technologies
Full News Release:
https://empmetals.com/emp-metals-completes-acquisition-of-rok-resources-interest-in-saskatchewan-lithium-assets-and-appoints-kottmeier-as-ceo/ Posted on Behalf of EMP Metals Corp.