Bullboard - Stock Discussion Forum Spark Energy Minerals Inc C.SPRK

Alternate Symbol(s): SPARF

Metals & Mining Gold Industrial Metals & Minerals

Spark Energy Minerals, Inc. is a Canadian company pursuing battery metals and mineral assets with interests in Brazil. The Company’s projects include Minas Gerais Property, Brazil and Area Peers (The MG Property), Ceara Property, Brazil and Area Peers (The CE Property) and Rio Grande do Norte Property, Brazil and Area Peers (The RN Property). The MG Property comprises over 23 mineral claims... see more

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Spark Energy Minerals Inc > Tapping into opportunity of soaring lithium demands

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Post by JackyMan on Nov 30, 2022 4:03pm

Tapping into opportunity of soaring lithium demands

With the greater international focus on lithium-ion batteries for EVs and mobile devices, the demand over the past 5 years is already far outweighing current and projected supply. Lithium expert Joe Lowry expects the price of battery quality lithium carbonate will continue its upward trajectory well into 2027 before hitting highs of US$97K per tonne as the supply and demand curve begins to invert. This is a clear investment case for relatively unknown lithium explorers like STAG having acquired a significant (12,315 ha) Brazilian and Canadian (Newfoundland) portfolio of lithium exploration licenses and projects.

https://thewest.com.au/business/public-companies/expert-predicts-meteoric-price-rise-for-lithium-c-8884697

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Comment by waves1 on Dec 01, 2022 3:54pm

STAG is positioning itself well with its rebrand and shift in focus to lithium & other battery metals - the long term growth potential in the industry is likely to be reverberated into STAG's potential

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