A couple more things…
Nearby company Livent — with a market cap of $4.1 billion[1] — has been producing lithium for nearly 25 years in Hombre Muerto.[2] 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.[3] 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![4]
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[1] https://finance.yahoo.com/quote/LTHM/