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)
August 9, 2018 / Vancouver, BC / NRG Metals Inc. (“NRG” or the “Company”) (TSX-V: NGZ) (OTCQB: NRGMF) (Frankfurt: OGPN) the Company is pleased to report pumping test results for the first 10 inch large-diameter pumping well at the Hombre Muerto North Lithium Project, Argentina. The well is located on the Tramo Claim portion of […]
NRG Announces Initial Results for Second Drill Hole at its Flagship Hombre Muerto North Lithium Project
HIGHLIGHT Initial sample results for the second core hole indicate excellent lithium values with very low Mg/Li ratios. The arithmetic average of three samples taken to a depth of 61.5 m is 719 mg/l lithium with a magnesium to lithium ratio ranging from 2.1 to 3.3. July 10, 2018 / Vancouver, BC / NRG Metals […]
NRG Announces Complete Results for First Drill Hole at its Flagship Hombre Muerto North Lithium Project
HIGHLIGHTS Brine samples collected from 300 to 401 meters (m) show high grade values very similar to the assays previously reported for the samples from surface to a depth of 300 m, with an arithmetic average 918 mg/l lithium and a low magnesium to lithium ratio. The arithmetic average lithium concentration for all of the […]
The strategic contribution of Argentina
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