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NetworkNewsAudio – Lithium Chile Inc. (TSX.V: LITH) (OTCQB: LTMCF) Positioned to Reap Rewards of Rising Lithium Demand

Company: Lithium Chile Inc. (LTMCF)
Category: News

Related Editorial
The key component in making the indispensable lithium-ion battery is in exceedingly short supply, and competition to obtain the mineral has heated up. The race to acquire reliable, long-term lithium feedstocks has sparked a worldwide shift in procurement strategy. EV makers, battery producers, and strategic investment companies are now joint venturing, buying in or looking to acquire lithium miners. At least 12 lithium transactions have been closed between downstream manufacturers and mining companies since 2016, and in the years to come ever more supply agreements between manufacturers and miners are expected (http://nnw.fm/3ZUgR). Lithium mining stocks, especially junior miners, are liable to become outsized beneficiaries of the investment and acquisition spree that’s underway. Prospective junior miner, Lithium Chile (TSX-V: LITH) (OTCQB: LTMCF) (LTMCF Profile), which owns vast tracks of indicated lithium assets, is positioned to potentially be one of the largest beneficiaries in the space. Some look to the Global X Lithium & Battery Tech ETF (NYSE: LIT), but direct exposure junior miners is limited. Other lithium miners in the mix include American Lithium (TSX-V: LI) (OTCQB: LIACF), Nemaska Lithium, Inc. (TSX: NMX) and Orocobre Ltd. (ASX: ORE) (TSX: ORL).

To view the full editorial, visit http://nnw.fm/yqV4c

About Lithium Chile

Lithium Chile is advancing a lithium property portfolio consisting of 152,900 hectares covering sections of 14 salars and one laguna complex in Chile. The properties include 64 square kilometers on the Salar de Atacama, which hosts the world’s highest concentration lithium brine production and is currently the source of approximately 30 percent of the world’s lithium production. Lithium Chile’s common shares are listed on the TSX.V under the symbol “LITH” and on the OTCQB under the symbol “LTMCF.” For more information, visit the company’s website at http://nnw.fm/LTMCF

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