Bullboard - Stock Discussion Forum Advantage Lithium Corp AVLIF

Metals & Mining Industrial Metals & Minerals

Advantage Lithium Corp is engaged in the acquisition and exploration of lithium properties. It operates in single segment namely the exploration and development of unproven exploration and evaluation assets. The company's principal business objective has been the identification and evaluation of companies, businesses, properties, or assets with a view to acquisition or participation therein... see more

Add To Watchlist

OTCQX:AVLIF - Post Discussion

Advantage Lithium Corp > LI demand

View:

Post by goodtoreadthis on Mar 06, 2019 2:34pm

LI demand

On February 6 Benchmark Minerals Blog reported:

In the next decade the demand for lithium [used in the battery industry] is set to go up 9-times, cobalt is set to go up 6-times, nickel is set to go up 5 times, and graphite anode is set to go up 9 times.

On February 6 Mining.com reported:

"Benchmark Mineral Intelligence is now tracking 70 lithium ion battery megafactories under construction across four continents, 46 of which are based in China with only five currently planned for the US. When I gave my last testimony in October 2017, the global total was at 17," Moores said.....Moores said that these megafactories are being built almost exclusively to make lithium ion battery cells using two chemistries: nickel-cobalt-manganese [NCM] and nickel-cobalt-aluminium [NCA].