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)
NRG Reports High Lithium Grades for Measured and Indicated Resource at the Hombre Muerto North Lithium Project, Argentina
HIGHLIGHTS 756 parts per million Li contained within 571,000 tonnes in the Measured and Indicated Categories Low magnesium to lithium ratio of 2.6 to 1.0 Second well pumps at 20 liters per second limited only by pump size October 3, 2018 / Vancouver, BC / NRG Metals Inc. (“NRG” or the “Company”) (TSX-V: NGZ) (OTCQB: […]
NRG Announces Maiden Measured and Indicated Resource of 571,000 Tonnes LCE at the Hombre Muerto North Lithium Project, Argentina
October 2, 2018 / Vancouver, BC / NRG Metals Inc. (“NRG” or the “Company”) (TSX-V: NGZ) (OTCQB: NRGMF) (Frankfurt: OGPN) is pleased to report a maiden lithium (Li) and potassium (K) resource statement for its Hombre Muerto North lithium brine project in the Salta province of Argentina. The NI 43-101 resource statement, detailed in Table […]
Sept 25, 2018 / Vancouver, BC / NRG Metals Inc. (“NRG” or the “Company”) (TSX-V: NGZ) (OTCQB: NRGMF) (Frankfurt: OGPN). The Company is pleased to announce that it has completed the third installment of its purchase option for the Hombre Muerto North Lithium Project (HMN Project), located in Salta Province, Argentina. A payment of $US […]
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