Replies to post #12656 on Core Lithium Corp. (fka CORX)

[saulybigpants]

Could be the perfect time for CORE if they can make this work. I keep reading about lithium demand everywhere I turn. Now just need some volume here to get in.

http://www.mining.com/lithium-bears-wrong/

Demand “going through the roof”
We've been been crunching the supply and demand numbers for almost a decade – at least since President Obama put aside nearly $2 billion in 2009 to support research on hybrid and electric vehicles and their battery components. What we know is this:

Asia and particularly China are looking to lock up lithium supply, and are years ahead of North America in terms of EV penetration and battery supply chains. Last year China sold about 700,000 electric cars, 200,000 more than 2016. Government subsidies to EVs have been reduced by 20%. The Middle Kingdom sees EVs as the key to unlocking the pollution dilemma that has plagued its car-choked cities. China represents over a quarter of the global EV market, and will own 40% by 2040 according to the International Energy Agency (IEA).