We Need More Lithium

There’s plenty in the ground to meet the needs of an electric car future, but not enough mines

Annual global electric vehicle sales are forecast to hit 24.4 million by 2030

By 2030, enough lithium to feed the equivalent of 35 plants the size of the Tesla Gigafactory now being built in Nevada will be required. The total investment in new mines, including some for other elements used in lithium ion batteries, will likely range from $350 billion to $750 billion, according to analysts at researcher Sanford C. Bernstein & Co.

High Lithium Prices Are Not a Deal Breaker

Even if the price of lithium soars 300 percent, battery pack costs would rise only by about 2 percent.

Technology Partner and Development with Genesis Water Technologies (GWT)

Enertopia Corp has entered into a Definitive Commercialization Licensing Agreement with GWT, whereby Enertopia will partner with GWT’s technology and development arm to fast track the ENERLET technology.

GWT is a USA based manufacturer of advanced, innovative and sustainable treatment solutions for applications in process water, drinking water, water reuse and waste water for the energy, agriculture processing, industrial, municipal infrastructure, and building/hotels sectors.

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