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| US and EU in Race With China to Secure Essential Lithium The global lithium market is predicted to grow by 500% to handle the explosion of electric vehicles and renewable energy. Unfortunately, right now communist China controls 80% of the world's lithium supply. Pres. Biden has warned about China's mineral dominance, saying "If we don't get moving, they're going to eat our lunch." The EU's 2020 Action Plan also expresses concern over China's stranglehold on lithium battery production. Fortunately, one small-cap mining company in South America seeks to capitalize on this escalating demand.. This puts them in the right place at the right time when it comes to potentially becoming a critical new resource for lithium. |
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