Power Metals Corp (PWRMF)

[briarhopper1]

Borrowed from Ballard Power board because it's talking about Lithium.

Found this honourable mention of Ballard in this Tesla story.

PR Newswire
It's costing $5 billion; it will be big enough to hold 100 Boeing 747s, and it will employ 6,500 people. Talking about Tesla's 'gigafactory' in Sparks, Nevada, whose company CEO Elon Musk says will spit out lithium batteries "faster than bullets from a machine gun" when it's completed in 2020. Mentioned in today's commentary include: Magna International (NYSE: MGA), Turquoise Hill Resources (TNYSE: TRQ), Teck Resources (NYSE: TECK), Alamos Gold Inc (NYSE: AGI), Ballard Power Systems (NASDAQ: BLDP)

But he won't have to wait that long for production to begin, as the monstrous facility is expected to mass-produce enough lithium-ion batteries to power 500,000 electric vehicles (EVs) this year.

To put that in perspective, meeting this goal will demand more than the entire world's annual production capacity of lithium-ion batteries prior to 2018.

Think that will put pressure on lithium prices? You bet. And Tesla's hardly the only automaker that will need lithium to power their cars, as virtually every car manufacturer in the world is producing (or gearing up to produce) their own EVs.