As lithium prices trend higher thanks to explosive growth in the EV markets over the next decade, investors are looking to junior lithium mining stocks to gain leverage to what will be an explosive move to the upside. Below is a list of the top lithium mining stocks based on their exploration potential and an explosion in demand for lithium:
1) LITHIUMBANK RESOURCES (TSX.V: LBNK)
LithiumBank is creating an opportunity to participate in the future of clean-tech energy. The Company's strategy is to acquire claims in known lithium high grade hot spots with existing wells and infrastructure. Over 500 wells exist on LithiumBank's existing claims which could be leveraged to quickly and cost effectively establish large-scale lithium resources. The company's flagship Boardwalk lithium brine project is located in West Central Alberta, 270 km northwest of Edmonton. The project comprises of 28 Alberta Metallic and Industrial Mineral Permits that collectively form a contiguous package of land that totals 761,601 acres of a highly prospective target for direct lithium brine extraction.
2) LITHIUM AMERICAS (TSX: LAC) (NYSE: LAC)
Lithium Americas is advancing the Cauchari-Olaroz lithium brine project in Jujuy, Argentina and Thacker Pass lithium project in Nevada, USA to production.
3) MILLENNIAL LITHIUM (TSX.V: ML)
Millennial Lithium is focused on the development of its flagship lithium brine project, Pastos Grandes, situated in the province of Salta in the Lithium Triangle of Argentina. Lithium producers in the Triangle include SQM, Albemarle, Livent Corp. and Orocobre.
4) STANDARD LITHIUM (TSX.V: SLL)
Standard Lithium is an innovative technology and lithium development company. The company’s flagship project is located in southern Arkansas, where it is engaged in the testing and proving of the commercial viability of lithium extraction from over 150,000 acres of permitted brine operations. The Company has commissioned its first-of-a-kind industrial scale Direct Lithium Extraction Demonstration Plant at LANXESS’ South Plant facility in southern Arkansas.
5) ALPHA LITHIUM (TSX.V: ALLI)
Alpha Lithium is focused on the development of the Tolillar Salar. The company has assembled 100% ownership of what may be one of Argentina’s last undeveloped lithium salars, neighboring multi-billion-dollar lithium players in the heart of the renowned “Lithium Triangle”. Other companies in the area exploring for lithium brines or currently in production include Galaxy Lithium, Livent, and POSCO in Salar del Hombre Muerto; Orocobre in Salar Olaroz; Eramine SudAmerica S.A. in Salar de Centenario; and Gangfeng and Lithium Americas in Salar de Cauchari.
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