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Press release Box-ID: 1124246

Swiss Resource Capital AG Poststrasse 1 9100 Herisau, Switzerland http://www.resource-capital.ch
Contact Mr Jörg Schulte +49 2983 974041

Lithium is running out

(PresseBox) (Herisau, )
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The increasing electrification not only affects road traffic, but also threatens a deficit in the necessary lithium.

Many already believe that sufficient quantities of lithium will soon not be available. Lithium is not easy to extract; it usually occurs only in various compounds and in low concentrations. Some estimates predict a global deficit by 2027. It is the global climate targets that are fueling demand so much. For example, the price of lithium has also roughly doubled since the beginning of the year. Yet Germany plans to put about 15 million electric cars on the roads by 2030. Around 90 percent of lithium will be used in electric vehicles in the next few years. Demand for the sought-after metal is rising worldwide. According to estimates, there will be excess demand of around 90,000 metric tons of lithium annually from 2030, perhaps as much as 300,000 metric tons.

Most lithium is extracted in mines in Australia, followed by Chile, China and Argentina. Smaller quantities may be mined in the USA, Brazil, Portugal or Zimbabwe. In Chile and Argentina ("lithium triangle"), it is salt deserts from which the lithium comes. Salt water is extracted and evaporated over large areas, leaving the lithium at the end. In order to become less dependent on China, new lithium production sites are being planned. Because recycling lithium is also not a simple matter and it will be years before batteries come back. Some lithium batteries are used in non-transportation power storage systems after they have been discarded in cars. All in all, lithium and thereby the lithium companies could be an interesting admixture in the portfolio.

In the Lithium Triangle, the well-funded Alpha Lithium - https://www.youtube.com/watch?v=9d-nsnTk4ZY - is working on the pilot plant at its Tollilar-Salar property.

Li-Metal - https://www.youtube.com/watch?v=D2WvBpSM0ws - is a leading developer of lithium metal anodes and lithium metal technologies. Developing next-generation batteries is the company's business.

Latest corporate information and press releases from Alpha Lithium (- https://www.resource-capital.ch/de/unternehmen/alpha-lithium-corp/ -) and Li-Metal (- https://www.resource-capital.ch/de/unternehmen/li-metal-corp/ -).

In accordance with §34 of the German Securities Trading Act (WpHG), I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and that there is therefore a possible conflict of interest. No guarantee for the translation into German. Only the English version of this news is valid.

Disclaimer: The information provided does not constitute any form of recommendation or advice. Express reference is made to the risks involved in securities trading. No liability can be accepted for any damages arising from the use of this blog. I would like to point out that shares and especially warrant investments are fundamentally associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make a mistake, especially with regard to figures and prices. The information contained is taken from sources that are considered reliable, but in no way claim to be correct or complete. Due to judicial decisions the contents of linked external pages are to be answered for (so among other things regional court Hamburg, in the judgement of 12.05.1998 - 312 O 85/98), as long as no explicit dissociation from these takes place. Despite careful control of the contents, I do not assume any liability for the contents of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG applies additionally: https://www.resource-capital.ch/de/disclaimer-agb/

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The publisher indicated in each case is solely responsible for the press releases above, the event or job offer displayed, and the image and sound material used (see company info when clicking on image/message title or company info right column). As a rule, the publisher is also the author of the press releases and the attached image, sound and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.