How To Clean Up On Clean Energy The green energy trend is a trend ripe for profits …if you know where to invest. And in the world of alternative energy, fewer bets seem more certain than lithium. With surging demand about to make reliable lithium supplies an absolute must, Millennial Lithium (ML.V; MLNLF.OB) is moving an advanced-stage lithium brine project in Argentina toward production. Dear John, Why is lithium such a smart bet on the green energy trend? There are three key factors … Fact No. 1: Electric Cars Are Going Mainstream Elon Musk’s Tesla Model S has attracted the attention of investors and luxury car buyers alike. The car is quick, low maintenance and can drive over 300 miles on a single charge. However, the model’s price range of between $75,000 and $100,000 has made it primarily a niche, status symbol purchase for West Coast liberals. With the introduction of the Model 3, which has both a 250-mile driving range and a price point (inclusive of tax incentives) of under $30,000, Tesla is poised to bring electric cars to the mainstream. The Model 3 is just starting to roll off the assembly line, and pre-orders have already hit the hundreds of thousands. Plus, Tesla isn’t the only player in the market. The world’s other auto manufacturers are rolling out their own affordably-priced electric cars, all of which will make access to consistent supplies of the lithium that powers their batteries critical to keeping the assembly lines humming. Fact No. 2: Musk’s Big Bet On Solar-Powered Houses With his acquisition of SolarCity, Elon Musk has doubled down on his foray into the alternative energy space by entering the market for solar-powered, self-sufficient houses. And the batteries that make SolarCity’s rooftop solar panels go are driven by lithium-based technology. Already, the money savings from going “off the grid” promises to cover the price of Tesla’s solar roofs within five years. And as production scales up on these devices, the price point should begin to drop dramatically, creating still another demand-driver for lithium batteries. Fact No. 3: The Grid Gets Smart It’s not just electric cars and solar-powered houses that will drive the demand for lithium. Electrical storage technologies, driven by lithium batteries, are the very foundation of the alternative energy industry. These technologies have the potential to solve a key problem with green energy sources like wind and solar. Wind only generates power when the wind is blowing; solar cells generate power during the day, but peak demand for electrical power is at night. These facts make creating a smart grid — one that stores power when it’s made so it can keep the lights on when it’s needed — a key to unlocking the potential of wind and solar power. These systems look primed for growth in the years ahead, adding that much more pressure to the lithium supply chain. The question is, where will this steady supply of lithium come from? The Hot Corner of the Lithium Triangle If you’re going to go after lithium, you have two choices: hard rock sources or brine plays. Due to the expense of extracting lithium from hard rock, brine plays, in which lithium is processed from the briny waters that lay underneath salt flats, are the preferred source. As it happens, the epicenter of brine-hosted lithium deposits is the “Lithium Triangle” where Chile, Bolivia and Argentina come together. And with the specter of nationalization in Chile and Bolivia, the smart place for companies and investors to capitalize on the lithium trend is Argentina. Millennial Makes A Bold Move Earlier this year, Millennial Lithium made headlines by scooping up the exciting Pastos Grandes project. Located in Argentina’s Salta province, this brine-hosted lithium project has compelling grades and, at just 231 kilometers from the provincial capital, is much closer to available infrastructure and labor than other projects in the region. With average lithium content of between 400 mg/l and 600 mg/l, Pastos Grandes has the grades to get onto on a clear path to production. The company is drilling the project as we speak, both to further confirm the brine’s lithium content and to assess the brine-hosting potential of the surrounding area. An Important Advantage: Lithium Leverage With a tight share structure and a highly prospective project, Millennial Lithium is a highly leveraged way to play the green energy trend. As the markets for electric cars, solar-powered houses and the smart grid explode, Millennial’s potential to help ensure the stability of the lithium supply chain will draw investors like a magnet. Led by an Argentina-based exploration team that includes one of key players in the biggest recent lithium discoveries, this company has the right people in the right place with the right project. And now — with news on the way — Millennial Lithium (ML.V; MLNLF.OB) still trading at the right price for investors to clean up on the clean energy boom. Click here to get a special report revealing more of Millennial Lithium’s key advantages. |