Technology Metals Snapshot: Eight juniors with properties to watch
With demand for electric vehicles, batteries, and greener energy storage options expected to rise in the years ahead, many juniors are on the hunt for technology metals,’ a broad category that includes cobalt, copper, nickel, platinum group elements, graphite, lithium, rare earth elements, and silver, among others.
ACME Lithium
ACME Lithium
(CSE: ACME; US-OTC: ACLHF) has two lithium projects in Nevada’s Esmeralda County in the United States the Clayton Valley and Fish Lake Valley projects. Both projects are within 322 km or a three and a half hour drive of Tesla’s Gigafactory.
Supply Critical Graphite Creating a Sizable Investment Opportunity
The global community must have access to graphite supply outside of China. At the moment, China controls 70% to 80% of the world’s graphite supply, according to Northern Graphite. China also makes almost 100% of the graphite anode material critical for lithium batteries and electric vehicles. To secure supply outside of the region, the U.S. and the European Union have named graphite a supply critical material. The USGS for example includes graphite on its list of 35 minerals and metals considered critical to the United States.
After all, graphite production needs to more than double over the next five years, according to Northern Graphite, to meet the demands of lithium ion batteries and auto companies. Graphite is a key component of the green economy, for use in lithium ion batteries, fuel cells, grid storage, and many other key technologies.