TSXV:LITH - Post Discussion
Post by
goldennorth on Apr 01, 2022 4:01pm
Future Lithium Demand Is Critical.
"Even in the most optimistic scenarios where every single raw material project in the pipeline comes on stream and existing operations expand aggressively, there will not be enough raw material for the battery supply chain as we go into 2030."
The demand for LItium is increasing rapidly. EV sales are at record highs, with EV sales in the U.S. expected to total close to 700,000 in 2022. Companies need to sign long term contracts to keep up with this demand. Lithium Chile Inc. is sitting as a very sizably key to the problem. https://www.mining.com/carmakers-will-need-to-become-miners-benchmark/ 
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