European Lithium Lithium & North America's Potential The European lithium industry has received a boost as of late with Rio Tinto and Green Lithium partnering to create an end-to-end lithium supply chain to support the UK and EU’s automotive and manufacturing sectors. The partnership aims to meet Europe's rising demand for sustainable battery metals, currently dominated by Chinese companies, while supporting decarbonization efforts. UK officials praised the initiative for bolstering local economies and advancing the country’s net-zero mission. (Source:
https://www.mining.com/rio-tinto-green-lithium-to-develop-europes-lithium-supply-chain/)
Similarly, in North America the supply chain faces challenges, such as limited high-grade deposits, extraction difficulties, and bottlenecks in battery-cell factory scaling. However, Direct Lithium Extraction stands to change this due to its ability to efficiently extract lithium.
Notably, EMP Metals (EMPS.c EMPPF) stands out as a unique player in Canada having advanced its DLE efforts at its facility in Saskatchewan where they recently achieved over 97% lithium recovery and impurity rejection greater than 99% during its pilot project with Koch Technology Solutions and Saltworks Technologies.
With lithium concentrations exceeding 2,000 mg/L, this progress positions EMPS as a key player in the growing lithium industry, as it aims to deliver battery-grade lithium carbonate to meet the increasing demand from the electric vehicle and battery storage markets.
For more information, refer to this deep dive:
https://www.reddit.com/r/wallstreetsmallcaps/comments/1fijhav/emp_metals_corp_empsc_seizes_opportunities_amid/ Posted on Behalf of EMP Metals Corp.