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Lithium is the metal of the future for electromobility





 

Modern high-performance batteries need lithium to transport electrical charge. A strong increase in demand is expected.

China still ranks first among lithium processors and ensures dependencies. However, the most important producers of the future are located in South America. Without lithium, nothing works in the tech world. So with lithium set to be an extremely important commodity in the coming years, Mexico recently acted. The country has nationalized lithium production. Now the government is responsible for the country\-s large lithium reserves. To do so, Mexico\-s mining law has been reformed. A new central authority is to control the extraction and marketing of lithium. The La Ventana lithium field in Mexico is even said to be the largest single deposit on earth. Similar efforts to those in Mexico are also underway in Bolivia and Chile.

Particularly high-quality and rich lithium deposits exist in the lithium triangle, thus in Bolivia, Argentina and Chile. Because lithium mining is very water-intensive and usually takes place in very dry regions, economic, technological and socioeconomic concerns must be examined particularly closely. In addition, although lithium is basically abundant on earth, the expansion of mining is lagging behind demand. As a result, it sometimes takes ten years before a new project can begin production. Low investments in recent years can now cause bottlenecks. It is good that there are companies that are also of interest to investors that are intensively involved in lithium supply. Cypress Development or ION Energy, for example. Cypress Development – https://youtu.be/q8W0NOxkTPQ – owns the Clayton Valley lithium project in Nevada. In Mongolia, a mining-friendly country, ION Energy – https://youtu.be/aF5edgYRlXE – is working hard on the Baavhai Uul (more than 80,000 hectares) and Urgakh Naran (nearly 20,000 hectares) projects.

Current corporate information and press releases from Cypress Development (https://www.resource-capital.ch/de/unternehmen/cypress-development-corp/).

In accordance with §34 of the German Securities Trading Act (WpHG), I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and that there is therefore a possible conflict of interest. No guarantee for the translation into German. Only the English version of this news is valid.

Disclaimer:

The information provided does not constitute any form of recommendation or advice. Express reference is made to the risks involved in securities trading. No liability can be accepted for any damages arising from the use of this blog. I would like to point out that shares and especially warrant investments are fundamentally associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make a mistake, especially with regard to figures and prices. The information contained is taken from sources that are considered reliable, but in no way claim to be correct or complete. Due to judicial decisions the contents of linked external pages are to be answered for (so among other things regional court Hamburg, in the judgement of 12.05.1998 – 312 O 85/98), as long as no explicit dissociation from these takes place. Despite careful control of the contents, I do not assume any liability for the contents of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG applies additionally: https://www.resource-capital.ch/de/disclaimer-agb/





Posted by on 11. August 2022. Filed under Internet, Picture Gallery. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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