{"id":2245,"date":"2023-10-20T14:28:54","date_gmt":"2023-10-20T14:28:54","guid":{"rendered":"https:\/\/10xalerts.com\/?p=2245"},"modified":"2024-11-04T01:59:04","modified_gmt":"2024-11-04T01:59:04","slug":"grid-battery-metals-inc-a-compelling-junior-miner-to-invest-in-tsxv-cell-otcqb-evkrf-fra-nmk2","status":"publish","type":"post","link":"https:\/\/10xalerts.com\/grid-battery-metals-inc-a-compelling-junior-miner-to-invest-in-tsxv-cell-otcqb-evkrf-fra-nmk2\/","title":{"rendered":"Grid Battery Metals Inc. A Compelling Junior Miner to Invest in (TSXV: CELL, OTCQB: EVKRF, FRA: NMK2)"},"content":{"rendered":"
Grid Battery Metals Inc<\/a>.<\/strong> (the \u201cCompany\u201d or \u201cGrid Battery\u201d) (TSXV: CELL) (OTCQB: EVKRF) (FRA: NMK2)<\/strong> is a Canadian-based exploration company focused on exploration for high-value battery metals for the EV market.<\/p>\n\n\n Cell is in good company as far as the global miners of Battery Metals. (Australia is the largest global producer of lithium.) <\/p>\n\n\n\n The largest global lithium miners are <\/strong><\/p>\n\n\n\n CELL Properties <\/strong><\/p>\n\n\n\n The Company currently has three Nevada lithium areas it is advancing: Texas Spring, Clayton Valley, and Volt Canyon. As well, Cell has Nickel interest. The Nevada areas for lithium are located in the Granite Range, Clayton Valley and Monitor Valley, respectively.<\/p>\n\n\n\n Cell’s Hard Nickel group is located in Central BC, Canada.<\/p>\n\n\n\n While the leverage and profit potential are multiplied in a junior company such as Cell, so are the risks. That said, the outlook for lithium need is such that projections are a looming deficit over the following years; pretty much every company\u2014unless lithium is replaced\u2014will be a growth vehicle or hoovered up by the big companies.<\/p>\n\n\n\n While not guaranteed, both eventualities serve to somewhat moderate the risk in the juniors. The world produced 540,000 metric tons of lithium in 2021, and by 2030, the World Economic<\/p>\n\n\n\n Forum projects that global demand will reach over 3 million metric tons. The global battery supply chain may find lithium in shortfall again, approaching the end of this decade. <\/p>\n\n\n\n That is the current prognostication. That coupled with the fact that new deposits found will not lie fallow. There will likely always be a need for all the lithium produced. <\/p>\n\n\n\n<\/figure><\/div>\n\n\n
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