Ana Rodriguez (Miss Texas USA)

Why Experts Expect Lithium Supply Will Keep Growing Along With Rising Electric Vehicle (EV) Demand

Retrieved on: 
Thursday, August 26, 2021

A 2019 report estimated that demand for electric bikes and scooters would have a compound annual growth rate of 8% through to 2030.

Key Points: 
  • A 2019 report estimated that demand for electric bikes and scooters would have a compound annual growth rate of 8% through to 2030.
  • Lithium, the world's least dense metal (Atomic number 3) is also integral to powering the digital economy mobile phones, tablets and laptops.
  • Analysts at Citi predict that 75% of all mined lithium will go into EVs by 2025 but cars will be the segment to focus on.
  • Lithium may also have a future role to play in the Holy Grail of cheap, limitless, zero carbon energy: nuclear fusion.

Why Experts Expect Lithium Supply Will Keep Growing Along With Rising Electric Vehicle (EV) Demand

Retrieved on: 
Thursday, August 26, 2021

A 2019 report estimated that demand for electric bikes and scooters would have a compound annual growth rate of 8% through to 2030.

Key Points: 
  • A 2019 report estimated that demand for electric bikes and scooters would have a compound annual growth rate of 8% through to 2030.
  • Lithium, the world's least dense metal (Atomic number 3) is also integral to powering the digital economy mobile phones, tablets and laptops.
  • Analysts at Citi predict that 75% of all mined lithium will go into EVs by 2025 but cars will be the segment to focus on.
  • Lithium may also have a future role to play in the Holy Grail of cheap, limitless, zero carbon energy: nuclear fusion.

Spey Resources Commences Drilling at Candela II Project on Incahuasi Salar, Argentina

Retrieved on: 
Thursday, August 26, 2021

VANCOUVER, British Columbia, Aug. 26, 2021 (GLOBE NEWSWIRE) -- Spey Resources Corp. (CSE: SPEY) (OTC: SPEYF) (FRA: 2JS) ("Spey or the "Company") is pleased to announce that Amaru Drilling is onsite at Incahuasi Salar, Argentina and will commence its 5 hole, 710m program on Monday August 30, 2021.

Key Points: 
  • VANCOUVER, British Columbia, Aug. 26, 2021 (GLOBE NEWSWIRE) -- Spey Resources Corp. (CSE: SPEY) (OTC: SPEYF) (FRA: 2JS) ("Spey or the "Company") is pleased to announce that Amaru Drilling is onsite at Incahuasi Salar, Argentina and will commence its 5 hole, 710m program on Monday August 30, 2021.
  • This data will be incorporated in the NI 43-101 report that will be completed after the drilling results are collated.
  • Mr. Thomas is independent of the Company but discloses that he is a shareholder of SPEY.
  • Spey Resources is a Canadian mineral exploration company which holds two option agreements to acquire 100% interest in the Candela II, Pocitos I and II lithium brine projects located in the Salta Province, Argentina.