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Cadence Minerals

New lithium sources emerging outside the Lithium Triangle

While the lithium triangle garners the majority of the industry’s attention, lithium sources are emerging around the world to serve the growing electric vehicle market.

The primary sources of the world’s lithium supply are hard rock and brine deposits, and the majority of the world’s lithium originates in the salty salars of the arid landscape of South America’s Lithium Triangle. Rising demand for electric vehicles (EVs) and lithium-ion batteries, especially in China, could translate into rising demand for new sources of battery-grade lithium. To make the most of this opportunity, lithium exploration companies are searching for new sources in emerging lithium districts such as Mongolia’s Gobi Desert.

Cadence Minerals plc (LON:KDNC) provides mining services. The Company focuses on finding lithium and other technology minerals in new places, as well as offers extracting services

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.