In 2013 alone, Nevada doubled lithium production capacity, according to the USGS–and that is just the tip of the iceberg given all of the new exploration going on and the fast and furious land-grabbing.

The next wave of battery factories is expected to increase global battery capacity by some 150 per cent by 2020. Within this prediction, electric vehicles will have a projected 20-30 per cent compounded annual growth rate through 2025, so the demand for lithium appears endless.

Some say the lithium market is already at a supply deficit, and the rising prices make new projects even more attractive.

The lithium oligopoly is already a dinosaur, and new lithium projects on highly prospective land forwarded by companies with lower market caps and strong management are what investors will be looking for.

The brine is the place to be, and right now Pure Energy has the only brine resource in North America. It is also directly adjacent to the only producing lithium mine in North America, Albermarle Silver Peak Mine (NYSE:ALB). Lithium sourced from brine, or salty water, is the most cost-effective out there because it is easier and cheaper to extract.

There are billions of reasons to be bullish on lithium, and bullish on Nevada. Goldman Sachs gets it. Not only will lithium feed massive portable energy storage applications, but it will be a “key enabler of the electric car revolution and replace gasoline as the primary source of transportation fuel.”

This commodity that isn’t yet a commodity in trading terms is about to break free from the oligopoly. Get there first.

(Republished with permission from oilprice.com)

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