//
"New Lithium Hub" emerging in Nevada.
Now, to say we're still in the early stages of Nevada's lithium boom would be an understatement. The tiny exploration companies grabbing land in the sweet spots like the Clayton Valley are still virtually unknown and flying under the market's radar.
There's also one big catch here...
Even though Albemarle currently owns the only operating lithium mine in the United States, traditional mining methods to extract lithium will soon go the way of the dodo. I've mentioned to you time and again that these hard-rock mines can come with a cost of $2 billion or more.
Extracting lithium from brine deposits (which I should also note account for 66% of global lithium reserves), however, comes much, much cheaper.
And Nevada is where you should be doing your due diligence right now.
By 2017, the cat will be out of the bag — if it isn't already!
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