Lithium Chile (TSX.V: LITH) (OTCQB: LTMCF) is positioned to exploit huge opportunities for lithium producers as global demand for electric vehicles is forecasted to grow at annual rate of 15.6 percent over next five years. A recent article discussing the company reads, “Lithium Chile’s own analysis of the market agrees that EVs are driving lithium growth, which underpins the reason for the company’s accelerated exploration program. Grand View Research projects that the global lithium-ion battery market will reach $93.1 billion by 2025, growing at a compound annual growth rate of 17 percent (http://nnw.fm/P3KJf). Increased usage of lithium-ion batteries in electric vehicles, portable consumer electronics and grid storage systems owing to its high energy density and high safety level is expected to drive market demand.”
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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. 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 http://nnw.fm/LTMCF
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