The Coming Lithium Revolution
“We're talking terawatt scale. The goal is complete transformation of the entire energy infrastructure of the world.”
Elon Musk, Bloomberg (May 2015)
HIGHLIGHTS Brine samples collected from 100 meters to 300 meters show high grade values very similar to the assays for the samples from surface to a depth of 100 meters, with an arithmetic average 888 mg/l Li and a low Mg to Li ratio. The hole has been completed to a depth of 401 meters, […]
HIGHLIGHTS Pumping well drilled to 306 meters Target depth set at 400 meters Geology identical to core hole May 25, 2018 / Vancouver, BC / NRG Metals Inc. (“NRG” or the “Company”) (TSX-V: NGZ) (OTCQB: NRGMF) (Frankfurt: OGPN) the Company is pleased to report that the drilling of a pump test well at the Hombre […]
NRG Reports Consistent High-Grade Brine Intercepts over the First 100 Meters of Drilling at the Hombre Muerto North Lithium Project
HIGHLIGHTS • Brine samples collected over the first 100 meters average 905 mg/l Li with a low Mg to Li ratio. • The hole is now at 300.5 meters in clastic sediments, and brine samples are currently being collected from 300 to 100 meters. Drilling will resume after the sampling is completed. • Adjacent rotary […]
The strategic contribution of Argentina
Lithium. Powering our Future.
THE SHIFT TO CLEAN ENERGY IS CREATING A BOOM MARKET FOR ENERGY METALS
The age of electrification across the transportation sector, the solar panel revolution, and Tesla’s battery gigafactory are igniting a battle for the cheapest battery. That will transform lithium into a boom-time mineral and the hottest commodity on the energy investor’s radar. It has been easy to take lithium for granted. This wonder mineral is the backbone of our everyday lives, popping up in everything from the glass in our windows to our mountains of electronics.
And while investors have long appreciated the steady rise in demand for this preferred mineral, the number of new applications continues to multiply. Smart phones, tablets, laptops, and other consumer electronics demand more lithium. But the largest driver for future lithium use will be in electric vehicles and home batteries for solar panels. That has lithium on the verge a boom for which supply can no longer be taken for granted.
-James Stafford, Editor of Oilprice.com