Lithium Market

[dan_s]

At our June 5 luncheon in Houston we are going to focus on the metals needed for power storage (rechargeable batteries and electric vehicles (EVs)). I am personally very interested in the market for power storage. I believe the market is HUGE. Not just for EVs, but for the endless list of portable devices that must have rechargeable batteries. Rechargeable power units for homes and businesses could be a market that is at least as big as the EV market. If you live in the Houston area, you need to attend our luncheon at The Hess Club on June 5. - Dan

Energy & Capital By Luke Burgess
Written Jun. 04, 2018

"What was once a dream (about lots of EVs) for many has now become a reality. But with that reality comes real demand. And the demand for the raw materials required for EV production has skyrocketed — so much so that some believe a shortage caused by this surging demand could actually limit planned global production over the coming years. As a result, the prices for these raw materials required for EV production have soared. And of course, I'm mainly talking about lithium."

"The London Metal Exchange (LME), the world's largest metals exchange, will begin to offer new futures contracts for metals used in EV batteries within 18 months. These metals include lithium, manganese, and graphite. The LME also said additional contracts for already tradable EV metals such as nickel, copper, cobalt, and aluminum will be explored. This is big news for lithium and the other metals."

Tuesday, June 5th, 2016: New Energy Metals & Wealth Minerals will be hosting our luncheon at The Hess Club. Doors open at 11:00 am, Lunch is served at 11:30 am, Presentations begin at 12:00 pm. EPG Members can attend for FREE and non-members are welcome at a cost of $40 if they register on our website or $50 at the door. SEATING IS LIMITED so please register early to reserve your seat. All women get in FREE for this luncheon and the one in Dallas on June 12.


We have two speakers from companies focused on lithium.

Wealth Minerals (WML) is building out a world class company at the forefront of new energy technologies. As they strive to supply the world with lithium for the ongoing energy revolution, they are also committed to implementing best practices on all levels of their operations, from first rate exploration, mine engineering and eventual mine operation, to work place safety and a quality work place environment. They will work tirelessly to manage the impact of their operations, and to ensure that their host communities and Chile gain long-term sustainable benefits from their activities.

New Energy Metals (ENRG) completed an IPO in January 2018 and closed a $4.37 million-dollar financing in February 2018. Their principal project is the Cristal copper project located in northern Chile, in which they have an option to acquire a 100% interest. They have also acquired several prospective cobalt projects in Chile’s past producing San Juan cobalt district. The name change to “New Energy Metals Corp.” reflects the Company’s corporate strategy of exploration and development of energy metals in Chile.