Marifil Mines Ltd. (TSX.V: MFM) (OTCQB: MFMLF) Exploring Cobalt and Lithium Resources for Expanding Electric Vehicle Market

August 28, 2018 10:15:30
  • Global demand rising for electric vehicles fueled by lithium-ion batteries, with sales reaching 1.24 million vehicles in 2017
  • Marifil Mines uniquely positioned in Argentina’s famed ‘Lithium Triangle’
  • Lithium-ion battery market expected to reach a value of $67.7 billion by 2022
  • Assay work continues on 600 core samples taken from company’s flagship property in gold-producing region

The world’s appetite for battery-powered vehicles shows no sign of abating as major automakers announce plans to launch more than 400 models of electric vehicles (“EV”) by 2025, a report by Frost & Sullivan states ( Global EV sales are expected to grow at a compound annual growth rate of 11 percent between 2017 and 2022, when the industry could be worth almost $128 billion, according to BCC Research ( Fueling these electric vehicles, and many of the mobile devices enjoyed by consumers, are lithium-ion batteries.

Junior exploration company Marifil Mines Ltd. (TSX.V: MFM) (OTCQB: MFMLF) and its sizable portfolio of lithium and cobalt claims (another element used in key battery technologies) is positioned to benefit…

Read More>>

More from NetworkNewsWire

About NetworkNewsWire

NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

For more information, please visit

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published:

NetworkNewsWire (NNW)
New York, New York
212.418.1217 Office