Tesla’s plans fire up lithium shares
It’s Tesla Motors CEO Elon Musk’s stated ambition to produce 500,000 electric cars by the end of this decade.
It’s Tesla Motors CEO Elon Musk’s stated ambition to produce 500,000 electric cars by the end of this decade.
If you are one of the 15 cent Lithium X placees, your stock comes free trading on March 27 and congratulations.
In this interview with The Gold Report, Renken provides the gold, lithium and uranium names with sizzle.
A large and high-grade lithium brine lake and associated salar with low contaminants has recently been discovered in Argentina.
With lithium prices skyrocketing beyond wildest expectations, talk heating up about acquisitions and mergers in this space and a fast-brewing war among electric car rivals, it’s no wonder everyone’s bullish on this golden commodity that promises to become the ‘’new gasoline”.
The nation now accounts for 10% of global lithium demand and is the fourth largest global market.
Canadian merchant bank Aberdeen International (TSX:AAB) has purchased a lithium-potash project in Argentina through a share purchase agreement valued at CAD$5 million.
The miner is seeking strategic alliances with battery or car manufacturers to underpin the development of its Jadar lithium-borate project in Serbia.
The Sonora project holds 5.0 million tonnes of lithium carbonate equivalent, which is 337% higher that the previously reported 1.14 million tonnes.
Nevada is booming as new lithium companies rush in to stake out targets and massive business development gets underway, from Tesla to Amazon and Apple.
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