This sector is composed of companies that are primarily engaged in the exploration for lithium. From our, the supply of lithium carbonate is projected to double over the next three years and demand for electric vehicles – which require lithium for batteries – to grow at a 17-per-cent annual rate. Given those numbers we would expect lithium prices to remain at or below current levels out to 2025.
Patriot Battery Metals is a mineral exploration company focused on their Corvette Property, located in the James Bay region of Quebec. The company also owns the Freeman Creek Gold Property in Idaho and other assets in Canada. PMET saw its share price jump three times in the past 12 months on discoveries of lithium at its Corvette property.
American Lithium Corp. is an exploration-stage company. Its current focus is on developing its TLC lithium claystone project in the Esmeralda lithium district in Nevada. In addition, the