New Lithium Related Article, page-71

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22/06/18

11:28

Post #: 33880098
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Originally posted by Bron ↑

Hi Clivemax, Great to read the commentaries from the industry experts in the sector. On the lithium demand/supply side, it would seem that what the world produces now, is like a drop in the ocean, when compared to the vast amounts of lithium that will be required to power the renewable energy sector in future years. And with the billionaires like Musk, Buffet, Branson and others all needing to consume the entire worlds supplies of lithium every year, this revolution is getting set to be very interesting, and very profitable for investors, which could leave any earlier gains made looking somewhat meagre in comparison.

Lithium is going to be everywhere.

But despite the massive amount of money pouring in, I believe the market is still in its infancy.

The entire industry accounts for only $29 billion. To put it another way, currently, the worldwide lithium market is one-twelfth the size of just one oil company — Exxon.

But this is about to change in a majorway.

This $29 billion market is on the verge of exploding to $7.2 trillion!

That’s based on projections by the International Energy Agency (IEA).

So, we’re potentially looking at a stunning 24,728% growth rate.

https://www.angelnexus.com/o/web/142450

A nice big lengthy article, that mentions Galaxy, and the percentage gains already made in our company since 2015. And the best is yet to come; if all of these reports and numbers projections are accurate. Some good entertaining weekend reading.

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Quote: "To put it another way, currently, the worldwide lithium market is one-twelfth the size of just one oil company — Exxon. But this is about to change in a majorway."
Hmmm, I spotted this news story just a couple of days ago.

Now I wonder just who, would have a "vested interest" that might possibly inspire them sufficiently to want to actually sabotage Elon Musk's Tesla EV production line...? Hmmm...??

GXY Price at posting: $3.05 Sentiment: Buy Disclosure: Held
4 Upvote

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New Lithium Related Article, page-71

Top Stories

Inside the depths of Panasqueira: A legacy carved in rock

Antilles brings Chinese ally on board to keep Neuva Sabana work chugging on

HotCopper Highlights: RIP to Botanix (for now); Droneshield new ATH; Trigg mystery halt

'Opens doors': Li-S Energy the first Oz company to produce lithium metal foils

Listen: HotCopper Wire Podcast 017 – RBA holds the toppings

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Carawine faces Fraser Range JV collapse as IGO moves to scrap partnership

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Rare earths stocks surge as Pentagon buys big stake in US REE miner

Trump just dropped a 200% tariff bomb. Here's how to cash in

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