Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
time will tell
va va voom .....fasten your seatbelts get ready for lift off .........only way is up ..
deffo , one for the up and up . when you look into who is involved /active with these guys and the fuel ..no brainer
strong 12 months but your right cash burn and cash raise to come .... ..sp drop ahead possibly .......sold
i agree , patience
i wouldnt let them run a bath
https://www.msn.com/en-gb/cars/news/lithium-shortage-may-unplug-electric-car-revolution/ar-BB1fNTTH?ocid=msedgntp
The electric car boom risks being stalled by a severe shortage of a crucial ingredient used in batteries within the next decade, analysts have warned.
Mining capacity can cope with current demand in electric vehicles, but car makers will face “a serious lithium supply deficit” from 2027, the energy research firm predicted. The supply crunch is expected to hit just before the UK’s ban on new petrol and diesel sales begins in 2030.It warned the shortage could triple the price of lithium by the end of the decade unless new investment in mines is made soon.
takeover @ 20p ...... dreaming ?
Editor OilPrice.com, Oil Price
Feb. 22, 2021, 06:00 PM
The electric vehicle (EV) revolution is gaining serious momentum.
According to experts’ projections, demand for electric vehicles should rise at a 21.1% Compound Annual Growth Rate (CAGR) until 2026.
The extraordinary demand that is forecast for EVs over the next five years has now begun to trigger a massive disruption in the global energy markets.
According to Roskill Information Services, “lithium chemical demand from end-use sectors is expected to increase year-on-year to around 280,000 tonnes lithium carbonate equivalent...
and ....
(Bloomberg) -- Albemarle Corp. has earmarked almost all the proceeds from a $1.5 billion equity offering to expand its lithium capacity as the global battery boom gathers momentum.
Already the world’s biggest lithium supplier, the Charlotte, North Carolina-based company will allocate about 90%, or $1.35 billion, of a bigger-than-planned capital raise to expand operations in Chile and Australia and processing plants in China, Chief Executive Officer Kent Masters said.
Producers of the key ingredient in rechargeable batteries are starting to ramp up amid signs the market is finally recovering from a glut. Chinese spot prices of the soft, slivery white metal have rebounded this year as a wave of green-vehicle targeting boosts demand prospects. Ford Motor Co. announced last week that its passenger-vehicle range will be all-electric in Europe by 2030. General Motors Co. plans to sell only zero-emission models by 2035.
“It’s difficult to predict, but we’re pretty confident that demand will outstrip supply as we get to the end of the year,” Masters said in an interview.