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RARMF $0.03 starting to run now! Lets see if we run to $0.70 like the other one with the wrong symbol. Its good to buy and hold the one with the right symbol. Go RARMF.
Announced Friday, Tesla Motors Inc (TSLA) and the “Sonora Lithium Project Partners,” a joint venture between mining company Bacanora Minerals Ltd and investment company Rare Earth Minerals Plc, have secured a conditional long-term lithium hydroxide supply agreement. Bacanora Minerals and REM have coveted rights to land in northern Mexico, where lithium is found in mineral-rich clay.
With Tesla’s “Gigafactory” (its $5 billion battery factory) under construction near Reno, Nevada, this deal gives the electric car maker an important base ingredient used in the production of the lithium-ion batteries in its vehicles. And, the