A couple more things…
Nearby company Livent — with a market cap of $4.1 billion — has been producing lithium for nearly 25 years in Hombre Muerto. Having Livent’s existing infrastructure (power lines, roads, airstrip, rail line, and more) already in place will most likely save Alpha Lithium (APHLF) considerable time and money.
Lithium is a fast-growing market, with prices growing at unbelievable multiples.*
Today, the world only produces 253,000 tons of lithium per year. Even back in 2018, we couldn’t meet global demand of 385,000 tons. So we’re already behind the 8-ball…
And demand is only expected to grow.* When just 14% of new car sales are electric vehicles (likely by 2025), the world will require at least 1.1 million tons of lithium per year!
* See our Important Notice and Disclaimer above for a detailed discussion on compensation, risks, atypical results, and more.