Battery-powered electric vehicles urgently need lithium

According to the study, recycling will therefore play an increasingly important role. In general, it will pay off for companies to position themselves more in all parts of the supply chain. This has also been recognized by Tesla CEO Elon Musk, who recently stated that Tesla may have to enter the field of lithium mining and refining. That’s because, according to Benchmark Mineral Intelligence, lithium prices rose 480 percent in 2021 alone. And prices are expected to continue rising, not pause. Back in 2020, Musk surprised the industry by saying that Tesla had secured rights to lithium-rich deposits in Nevada. Lithium can be bet on with companies like Alpha Lithium or ION Energy. In Argentina, in the famous lithium triangle, lies Alpha Lithium’s Tollilar-Salar project – https://www.youtube.com/watch?v=_4FylM829Vg&t=3s -and contains high-grade lithium. ION Energy – https://www.youtube.com/watch?v=f1D_y49h7eQ&t=1s – is active in Mongolia on its two lithium projects. The exploration program is fully funded and ION Energy is aiming to become a key supplier of lithium in Asia.

Current corporate information and press releases from Alpha Lithium (https://www.resource-capital.ch/…).

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