Comparison of NVA to the Market, page-45

Great news for Snowlake!

Lithium squeeze to drive higher prices as EV sales hit fast lane (smh.com.au)

A shortage of the battery raw material lithium needed to supply the world’s switch from combustion engines to electric cars is on course to prolong last year’s stunning price rally, lifting the outlook for miners of the sought-after mineral across Australia.

As the era of electric vehicles (EVs) begins to accelerate, carmakers worldwide have been racing to lock in reliable supplies of lithium-ion battery raw ingredients including lithium, nickel and cobalt, which are urgently required to roll out more EVs but are failing to keep up with ballooning demand.