Sunday, April 02, 2017 9:09:43 PM
Why Lithium
Lithium is a specialty industrial product bought and sold under contract, and the chemistry is specifically tailored to the customers needs. Supply contracts are useful towards predicting cash flow and securing project finance.
Although lithium is used in over 70 types of products, the growth in battery usage has driven lithium demand skyward. Electric vehicles and grid storage, such as Tesla’s Powerwall and Powerpack residential and commercial battery systems, are very high growth areas.
Demand is predicted to be as high as 125% of supply by 2020 driven by electric vehicles and grid storage.
The price of lithium has increased by 300% since 2003.
The development timelines of Pure Energy’s Clayton Valley Brine Project are aligned with the anticipated high-growth demand in lithium.
http://www.pureenergyminerals.com/overview/why-lithium/
Now if they would actually get some extracted and to market.........IMAGINE THE SHARE PRICING RISE!..$5, $10, $20,.....$100+
LET'S GO PEMIF
"PEACE"
NOW!!!!!!!!!!!!!!!!!!!!
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