QualityStocksNewsBreaks – Lithium Chile Inc. (TSX.V: LITH) (OTCQB: LTMCF) Situated to Exploit Growing Opportunities in Market Projected to Reach $93.1B by 2025
Lithium Chile (TSX.V: LITH) (OTCQB: LTMCF) is positioned to exploit huge opportunities for lithium producers as global demand for electric vehicles is forecasted to grow at annual rate of 15.6 percent over next five years. A recent article discussing the company reads, “Lithium Chile’s own analysis of the market agrees that EVs are driving lithium growth, which underpins the reason for the company’s accelerated exploration program. Grand View Research projects that the global lithium-ion battery market will reach $93.1 billion by 2025, growing at a compound annual growth rate of 17 percent (http://ibn.fm/LGEKZ). Increased usage of lithium-ion batteries in electric…
