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)
Trading Symbol OTCQB Market NRGMF May 14, 2019 / Vancouver, BC / NRG Metals Inc. (“NRG” or the “Company”) (TSX-V: NGZ) (OTCQB: NRGMD) (Frankfurt: OGPN) a Private Placement of up to twenty million units at a price of CDN$ 0.225 per unit for gross proceeds of up to CDN$ 4,500,000. Each unit will be comprised […]
HIGHLIGHTS US$217 million (Cdn$290 million) after-tax Net Present Value at 8% discount rate and Internal Rate of Return of 28.0%; PEA based on a production rate of 5,000 tonnes of lithium carbonate per year; Processing based on simple and proven solar evaporation technology; Expected mine life of 30 years with a 3 year ramp up […]
April 2, 2019 / Vancouver, BC / NRG Metals Inc. (“NRG” or the “Company”) (TSX-V: NGZ) (OTCQB: NRGMV) (Frankfurt: OGPN) announces that it has completed a new agreement with the owner of the Hombre Muerto North Lithium Project (HMN Project) in Argentina. The revised Option to Purchase Agreement is as follows: Payment of $ US […]
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