NetworkNewsAudio – Lithium Chile Inc. (TSX.V: LITH) (OTCQB: LTMCF) Well-positioned in Lithium Market with Aggressive Upcoming Multi-project Drill Program

June 7, 2018 13:52:41

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Driven by an unprecedented ramp-up of the electric vehicle industry in China, fears of a lithium shortage nearly tripled the metal’s price over the last couple years. Although in a temporary lull, demand and price pressures are expected to consolidate then accelerate at breakneck speed as several nations advance similar plans to increase EV use. Insatiable demand and inadequate market supply have intensified the global quest to bring new lithium sources to market and have created a seldom-seen opportunity. Lithium-related stocks and ETFs have proved to be the best way to play the electric future powered by lithium-ion batteries. With wholly owned prime properties and a plethora of potential lithium assets, prospective junior miner Lithium Chile (TSX.V: LITH) (OTC: LTMCF) (LTMCF Profile) may possibly have the largest upside of any lithium miner this year. Other companies investing in the full lithium cycle, from raw resource to battery production, include the Global X Lithium & Battery Tech ETF (ARCA: LIT), while producers such as FMC Corporation (NYSE: FMC), Orocobre Ltd. (TSX: ORL) and Lithium Americas Corp. (NYSE: LAC) are expanding production.

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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

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