A ‘whole new world’ for lithium demand has aspiring technology metals firm Avalon Advanced Metals evaluating its options to cash in on the red-hot industry; patiently advancing three projects in its portfolio that will benefit from higher metals prices.
Just this week provided new evidence that the emerging age of the electric vehicle (EV) is approaching faster and at a far greater scale than even recent forecasts predicted, with German automaker Volkswagen announcing investment of about €20-billion in the space, that could alone gobble up the entire supply of lithium today. China also dropped a bombshell this week in announcing tentative plans to ban internal combustion engines, which analysts expect to coincide with China’s commitment to an emissions cap by 2030.
