The Lithium Market Is Booming
With the push for green energy surging throughout the European Union and worldwide, the lithium-ion battery market is projected to hit $1 trillion globally by 2026.
While these batteries have been used in smaller devices for years, they’re reaching a tipping point in the devices taking over the markets today.
They’re now powering every smartphone, every major electric vehicle battery, and even many medical devices.
That means industry leaders like Apple and Tesla rely heavily on lithium to build the products their customers love.
And with every new device that’s rolled out with these batteries inside, the demand for lithium continues to rise.
But at this point, about 80% of all lithium-ion cell production is coming out of China.
This doesn’t sit well for many countries, with concerns about being beholden to the Chinese government threatening supply chains.
That’s why the EU has been pouring in stimulus money for businesses able to help them attain energy independence in this new lithium-powered age of technology.
The EU has committed 550 billion euros (USD$665 billion) to climate protection and clean technologies over the next several years…
And much of that hinges on producing lithium-ion batteries to help store renewable energy and power EVs.
This is incredible news for lithium companies, both the ones building the batteries and those mining the raw materials.
Lithium prices have nearly doubled over the last 3 months alone.
And United Lithium, a junior mining company based out of Vancouver, plans to capitalize on this lithium battery boom with their exciting new project.
United recently acquired the rights to their Bergby project in Sweden, and it’s put them in the perfect location for the rising industry.
They’re located near the world famous Woxna graphite mine…
And they’re also close to the new Northvolt lithium battery gigafactory in Sweden.
That means that if United produces the type of high-grade lithium they’re expecting at Bergby…
They could have an eager, high-profile customer producing batteries using their precious metal just down the road.
The property consists of 3 exploration licenses totaling nearly 2,000 hectares of land, and historical data has been promising to say the least.
Bergby’s lithium deposits weren’t discovered until 2016, with drilling and testing being done the next year.
And the results were incredible.
While miners in Canada may be thrilled with deposits assayed at 1% or 2%, several of the holes on United’s new property have ranged up to 3% or 3.5% lithium.
To put that into context, the maximum theoretical amount is estimated at around 7% lithium…
But short of hand-sorting rocks and picking out lithium crystals by hand, it would be nearly impossible for grades to run this high.
One of the most intriguing parts of the project though is that much of the untapped lithium on the property outcrops at the surface.
That means drilling expenses would be much lower than in other locations because they wouldn’t have to drill nearly as deep to reach the lithium under the surface.
And the economics get even better when looking at the infrastructure surrounding the property.
In addition to being close to the Northvolt gigafactory there in Sweden, they’re just an hour and a half from the nation’s capital, Stockholm…
And the largest highway in the country runs just outside their property.
Plus, with a deep water port only 5 km away, it’s easy to transport any lithium they produce either inside Sweden or throughout the European Union.
So as nearly 40 gigafactories have popped up throughout Europe in recent years, United could easily transport lithium around the region with minimal cost for transportation.
And the news may start rolling in fast and steady from United in the months ahead…
FREE SPECIAL REPORT – ON UNITED LITHIUM’S INCREDIBLE OPPORTUNITY AND HOW EARLY INVESTORS COULD PROFIT.
Expecting News Within Months
There’s no telling exactly how big the discovery at Bergby could be, but we’ve already seen glimpses from the historical data.
In 2017, they completed a drilling program to test what they had on the property.
And of the 33 holes drilled, 28 of them intersected lithium mineralization.
Plus, these holes were at shallow depths, and that number could easily have run even higher if they had been drilling deeper in those holes.
So United is confident there could be plenty more lithium in the deposit based on these previous results and shallow depth testing.
But with it being open on strike to both the north and the south, that deposit could run much further in either direction beyond what the data has already shown.
That means that once drilling begins, which is expected in early April, they could continue to drill much further if results are positive.
And others in the know are also showing their support as United plows ahead toward the upcoming drill program.
Now that United has purchased the rights to the Bergby project from Leading Edge, the previous owner…
Leading Edge’s former CEO is planning to stay involved, and their VP of Exploration is also being made available to United’s team over the next year.
This speaks to the massive potential United has ahead of them and the confidence others have in the data they’ve seen.
Plus, they’ll have people already the most familiar with the property available to help guide them in the right direction moving forward.
United has made clear they have plans to start drilling in April.
And as results from the lab are expected starting just weeks later, it could soon tell us exactly how far this high-grade lithium deposit runs.
That’s great news for investors, as we could have a steady stream of news and catalysts coming out of United’s camp by the end of May.
They’ve already raised millions in funding, so with the low production costs at Bergby, the drill program is fully funded.
For investors, this offers the chance to get into a company with great potential in the booming lithium markets.
And as they prepare to start drilling shortly, United will be an exciting company to watch in the coming months.
DOWNLOAD OUR NEW REPORT TO DISCOVER WHY THIS COULD BE THE MOST EXCITING PHASE FOR INVESTORS IN UNITED LITHIUM’S NEW DISCOVERY
IMPORTANT NOTICE AND DISCLAIMER
This communication is a paid advertisement. ValueTheMarkets is a trading name of Digitonic Ltd, and its owners, directors, officers, employees, affiliates, agents and assigns (collectively the “Publisher”) is often paid by one or more of the profiled companies or a third party to disseminate these types of communications. In this case, the Publisher has been compensated by United Lithium. to conduct investor awareness advertising and marketing and has paid the Publisher the equivalent of one hundred sixty-six thousand dollars to produce and disseminate this and other similar articles and certain related banner advertisements. This compensation should be viewed as a major conflict with the Publisher’s ability to provide unbiased information or opinion.
CHANGES IN SHARE TRADING AND PRICE
Readers should beware that third parties, profiled companies, and/or their affiliates may liquidate shares of the profiled companies at any time, including at or near the time you receive this communication, which has the potential to adversely affect share prices. Frequently companies profiled in our articles experience a large increase in share trading volume and share price during the course of investor awareness marketing, which often ends as soon as the investor awareness marketing ceases. The investor awareness marketing may be as brief as one day, after which a large decrease in share trading volume and share price may likely occur.
NO OFFER TO SELL OR BUY SECURITIES
This communication is not, and should not be construed to be, an offer to sell or a solicitation of an offer to buy any security.
Neither this communication nor the Publisher purport to provide a complete analysis of any company or its financial position.
This communication is based on information generally available to the public and on an interview conducted with the company’s CEO, and does not contain any material, non public information. The information on which it is based is believed to be reliable. Nevertheless, the Publisher does not guarantee the accuracy or completeness of the information. Further, the information in this communication is not updated after publication and may become inaccurate or outdated. No reliance should be placed on the price or statistics information and no responsibility or liability is accepted for any error or inaccuracy. Any statements made should not be taken as an endorsement of analyst views.
NO FINANCIAL ADVICE
The Publisher is not, and does not purport to be, a broker-dealer or registered investment adviser or a financial adviser. The Publisher has no access to non-public information about publicly traded companies. The information provided is general and impersonal, and is not tailored to any particular individual’s financial situation or investment objective(s) and this communication is not, and should not be construed to be, personalized investment advice directed to or appropriate for any particular investor or a personal recommendation to deal or invest in any particular company or product. Any investment should be made only after consulting a professional investment advisor and only after reviewing the financial statements and other pertinent corporate information about the company. Further, readers are advised to read and carefully consider the Risk Factors identified and discussed in the advertised company’s SEC, SEDAR and/or other government filings. Investing in securities, particularly microcap securities, is speculative and carries a high degree of risk. Past performance does not guarantee future results.
FORWARD LOOKING STATEMENTS
This communication contains forward-looking statements, including statements regarding expected continual growth of the featured companies and/or industry. Statements in this communication that look forward in time, which include everything other than historical information, are based on assumptions and estimates by our content providers and involve risks and uncertainties that may affect the profiled company’s actual results of operations. These statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results and performance to differ materially from any future results or performance expressed or implied in the forward-looking statements. These risks, uncertainties and other factors include, among others: the success of the profiled company’s operations; the size and growth of the market for the company’s products and services; the company’s ability to fund its capital requirements in the near term and long term; pricing pressures; changes in business strategy, practices or customer relationships; general worldwide economic and business conditions; currency exchange and interest rate fluctuations; government, statutory, regulatory or administrative initiatives affecting the company’s business.
INDEMNIFICATION/RELEASE OF LIABILITY
By reading this communication, you acknowledge that you have read and understand this disclaimer in full, and agree and accept that the Publisher provides no warranty in respect of the communication or the profiled company and accepts no liability whatsoever. You acknowledge and accept this disclaimer and that, to the greatest extent permitted under applicable law, you release and hold harmless the Publisher from any and all liability, damages, injury and adverse consequences arising from your use of this communication. You further agree that you are solely responsible for any financial outcome related to or arising from your investment decisions.
All trademarks used in this communication are the property of their respective trademark holders. Other than valuethemarkets.com, the Publisher is not affiliated, connected, or associated with, and the communication is not sponsored, approved, or originated by, the trademark holders unless otherwise stated. No claim is made by the Publisher to any rights in any third-party trademarks other than valuethemarkets.com.
valuethemarkets.com and Digitonic Ltd and our affiliates are not responsible for the content or accuracy of this article. The information included in this article is based solely on information provided by the company or companies mentioned above. This article does not provide any financial advice and is not a recommendation to deal in any securities or product. News and research are not recommendations to deal, and investments may fall in value so that you could lose some or all of your investment. Past performance is not an indicator of future performance.
ValueTheMarkets do not hold any position in the stock(s) and/or financial instrument(s) mentioned in the above piece. ValueTheMarkets have been paid to produce this piece by the company or companies mentioned above. Digitonic Ltd, the owner of valuethemarkets.com, has been paid for the production of this piece by the company or companies mentioned above.