Pure Energy Minerals Ltd. (PE)

[UncleTaff]

Lithium Market Snapshot –Grades and Price


EV PLUS GRADE
>99.9% LC
Price US$15,500/t
10% of Battery
Market

•Battery-grade lithium (>95.5% purity) for use in consumer products makes up 36% of lithium demand and represents the largest growth segment (expected at >25% growth to 2020 for EV vehicles and grid storage)
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The largest producers in the world (Rockwood, SQM and FMC) do not have a capacity to produce >99.9% lithium chloride (LC), and therefore this high purity/high price commodity is seen as a specialty niche product.
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Pure Energy Minerals is aiming to validate lithium processing technology that will be able to supply this high-value >99.9% product.