QMC Quantum Minerals Corp. (OTC: QMCQF) (TSX.V: QMC) (FSE: 3LQ) Reboots North American Lithium as Demand from Auto Industry Poised to Double
Automotive applications set to double lithium demand by 2027 Even though lithium is a ‘critical mineral’, North American output is negligible Tests underway to confirm reported 1.2 million tons grading 1.51 percent lithium oxide Good tidings continue to grace the lithium industry, the latest being the 2018 report from British minerals analyst Roskill. After a recent market analysis, the British consultancy estimated that lithium demand from automotive applications, which reached over 34,000 metric tons of lithium carbonate equivalent (LCE) in 2017, will more than double by the end of the decade. Some of that demand could be satisfied by QMC…