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Re: Billjet17 post# 2948

Wednesday, 01/27/2016 9:08:45 AM

Wednesday, January 27, 2016 9:08:45 AM

Post# of 10478
I'm wicked excited about the lithium market outlook for 2016. I've been posting on just about every lithium message boards explaining how the lithium price wars. And how Western lithium has the two largest deposits one and Argentina shovel ready with 40 year life span which I believe will be dedicated to South Korea battery production in the storage system av and home storage. Predominantly controlled by LG chem. The second source Kings Valley what did Germany demonstration plant proving 99% purity it is in a key position to not only supply Tesla or future Faraday right next door is Michigan which has potential to become AV epicenter. Lithium has already been compared to the Future gasoline according to Goldman Sachs. A quieter future with clean and emissions was outlined in the Paris environmental initiatives. Massive amounts of subsidies will support the growing industry. In addition solar storage in the form of home batteries will further increase the demand. When Western lithium becomes a pure lithium player driving the industry on two fronts Nevada in Argentina should position them within the top 3 players by 2020. We could be seeing sales of lithium carbonate and hydroxide of over 40,000 tons per year anywhere from 7000 to 14000 per ton. Not counting by products like potash and other marketable products.
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