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Friday, 06/29/2018 4:06:14 PM

Friday, June 29, 2018 4:06:14 PM

Post# of 609
Bearing Lithium Corp. - Cheapest Chile Lithium Play?

Bearing Lithium Corp. increases ownership in Chile-based Maricunga Project which is one of the more advanced-stage pre-production lithium brine projects globally.

https://www.otcmarkets.com/stock/BRGRF/news/Bearing-Announces-Increased-Ownership-in-Maricunga-JV?id=196349

If you're a long-term investor searching for an opportunity to own a piece of the electronic vehicle market, then buying lithium stocks in 2018 may be the best way to invest in the EV market. Growth in demand for lithium metal is expected to accelerate due to the widespread adoption of lithium batteries in emerging technologies. Lithium batteries have become a preferred power source for devices such as cell phones because they are more efficient and scalable than previous-generation nickel metal hydrade batteries. Lithium batteries are also in high demand in support of automobile and electronics manufacturing. The intersection of Chile, Bolivia and Argentina make up the region known as the Lithium Triangle. The Lithium Triangle is believed to contain over 75% of existing known lithium reserves.

While batteries have been getting most of the attention in the lithium space lately — and while demand for lithium from the battery sector is certainly on the rise — lithium has many more uses. In 2013, rechargeable batteries made up 29 percent of lithium demand. In 2017, that proportion increased to 46 percent, as per the U.S. Geological Survey, but sizeable portions of the market were still accounted for by ceramics and glass (27 percent), lubricating greases (7 percent) and other industrial uses.

Lithium is also used in pharmaceuticals, lubricants and heat-resistant glass.

Here is a great article:

https://seekingalpha.com/article/4138171-lithium-investing-2018-key-trends-lithium-mining-markets


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