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Reduced demand and material shortage Push the lithium electricity prices to rise

Mar 25, 2019   Pageview:494

Reduced demand and the shortage of materials, pushing up prices and sparked a global pursuit of lithium new sources. Lithium Chile, Inc. (TSX - V: LITH) is located in one of the world's most important core metal reserves) (Otc code: LTMCF) has the ability to use market imbalances and need urgently needs. Chile is currently the world's largest producer of lithium, is also the first big country of lithium reserves. Chile Lithium electricity Company is developing one of the country's largest lithium enrichment of exploration project, the project including 15 properties of more than 148000 hectares (more than 570 square miles).Their land requisition began in 2015 and 2017 exploration, geochemical project has been completed, geophysical is underway, the company will in 2018 as a drilling targets, and the two projects are preliminary resource estimation.

Through strategic acquisitions, Chile lithium electricity company has accumulated a Chile's largest lithium electric block, by using the country's more than 26 years of mining experience and exploration, vice President and chief geologist Terry Walker first to purchase a large amount of primary lithium resources. As a special geologists, Mr. Walker can use GPS coordinates accurately to determine the country's state of all claims, ownership and feasibility. The current land prices hovering around $1500 per hectare, but Mr. Walker intelligence and experience proved invaluable. Chile lithium before snapping up land accumulated a large number of mainly contains lithium mineral, the price is only $3 per hectare.

About Chile lithium electricity

Chile lithium electricity companies are pushing ahead with aLithium battery pack Together, the portfolio includes an area of 140100 hectares of Chile The lithium battery Group, covering 13 salat and 1 lagans group. These properties include the salat atacama 56 square kilometers of the world's highest concentration of lithium brine production, currently accounts for about 30% of the world's lithium production. Chile lithium has six different properties in Chile, including 28184 hectares of important copper/gold/silver portfolio. The company is getting rid of the copper gold assets, into a separate company. Lithium Chile Inc. Common stock on the TSX - V "LITH" as code listing.

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