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Recharge Resources Ltd C.RR

Alternate Symbol(s):  RECHF

Recharge Resources Ltd. is a Canada-based mineral exploration company. The Company is focused on exploring and developing the production of high-value battery metals to create green, renewable energy. The Company’s projects include Murray Ridge, Georgia Lake West and North Lithium, Pocitos 1, and Pocitos 2. The Company has a 100% interest in three mineral claims located in the Omineca Mining Division, British Columbia. The Murray Ridge property of the First Point Minerals, approximately 60 kilometers (km) northwest. Georgia Lake North & West lithium properties are contiguous and on trend with RockTech Lithium (RCK-CSE) Georgia Lake lithium property that is located approximately 160 km northeast of Thunder Bay within the Thunder Bay Mining Division and is host to a number of spodumene-bearing pegmatites. Pocitos 1 is an 800 hectares lithium brine project located in the Salar de Pocitos, in the lithium-rich Puna region of northwestern Argentina.


CSE:RR - Post by User

Post by MarketMakersson Mar 13, 2023 5:33pm
133 Views
Post# 35336089

Lithium demand increasing at significant level yr after yr

Lithium demand increasing at significant level yr after yr

“The challenge that the lithium industry is facing is that it’s not like you’ve got a short period where demand is expected to increase. It’s increasing at a very significant level year after year after year.”

https://www.emergingtechbrew.com/stories/2023/02/16/a-by-the-numbers-look-at-lithium-a-key-commodity-for-automakers

With an aggressive spring 2023 field program incoming at its 100% owned Georgia Lake lithium project, Recharge Resources ($RR.c $RECHF) is set to benefit from the increasing demand for lithium

This property is immediately contiguous to Rock Tech Lithium ($RCK) whose recently signed supply agreement with Mercedes-Benz ($MBG) that has a value over 5 years of US$1.47B, hits at what's to come for RR.

Posted on behalf of Recharge Resources Ltd 

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