Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTC: STLHF) Targets Untapped Lithium Resource
Consumers are switching to electric vehicles faster than previously thought, making an expected boom in demand for battery-grade lithium ever more real. Current suppliers including Albemarle Corp. (NYSE: ALB) and Sociedad Quimica y Minera de Chile (NYSE: SQM) will reap the rewards of a major paradigm shift in the car industry. But newcomers to this market, from Nemaska Lithium (TSX: NMX) (OTC: NMKEF) and Standard Lithium (TSXV: SLL) (OTC: STLHF) may also profit as they bring new supplies online. Major buyers of lithium including automaker Tesla Inc. (NASDAQ: TSLA) could create massive new demand for this material.
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