As electric vehicle sales and energy storage needs expand all over the world, so will the demand for lithium. President Joe Biden last year announced an official goal for half of all new cars sold in the United States to be electric or other zero-emissions technology by 2030. This is only 7 years from now. It’s no wonder that automakers are scrambling to add EVs to their lineup. While timelines and ambitions may differ, most car makers are going in the same direction. The Electric Vehicle revolution has caused Lithium to be more in demand than ever, but the industry may face shortages of lithium as early as 2025 if enough isn't invested in production!One emerging explorer is on a mission to bring high-quality lithium to the hands of core market participants and holds a first-mover advantage and a dominant land package in an under-explored area called Nunavik in Canada.
Nunavik has some of the most prospective geology anywhere in the world for new mineral discoveries as evidenced by a top-tier nickel belt with two producing mines. Up until now, lithium has never been on geologists’ radar screens in this part of Quebec. The company has a highly successful technical team with a proven track record of past discoveries including mining legend Shawn Ryan and has a unique technology-based approach to exploration. Nunavik is a virgin territory, never previously explored specifically for lithium, and this massive area comprising the top third of Quebec could prove to be the ‘haystack’ of mineralized lithium systems. It’s encouraging that in the area is another company backed by billionaires like Bill Gates and Jeff Bezos!
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