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Emerging Markets Report: Salad Days Ahead for Lithium

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Lithium South Development Corporation (TSX-V: LIS) (OTCQB: LISMF) has gained attention following a Forbes article highlighting the increasing demand for lithium, particularly for electric vehicles (EVs). Key insights include:

  • Lithium demand may more than double by 2024.
  • Europe now consumes more lithium for vehicles than traditional fuels.
  • Current lithium supply may only meet 15% of the EV industry’s 2023 needs.

The company appears well-positioned to benefit from this surge in lithium demand.

Positive
  • Lithium demand is projected to more than double by 2024, indicating potential growth opportunities for Lithium South.
  • The company controls its own lithium mining operations, positioning it favorably in the growing market.
Negative
  • None.

ORLANDO, Fla., April 26, 2021 (GLOBE NEWSWIRE) -- While doing our usual research for Lithium South Development Corporation (TSX-V: LIS) (OTCQB: LISMF) (Frankfurt OGPQ) a recent article from Forbes really stood out amid the various other commentaries and reporting.

If you’re a fan of lithium companies like Lithium South Development Corp or the lithium industry, it’s a must read in full at this link.

Short of that, let’s take a succinct look at how the author arrives at the conclusion that lithium is headed for very good times or ‘salad days’ as he calls them.

Here are a few critical excerpts:

  • The burgeoning green revolution is driving the need for lithium which is used in most Electric Vehicles (EV.)

  • Lithium demand is expected to more than double by 2024.

  • Europe now uses more lithium to power vehicles than diesel and gasoline may not be far behind.

  • While lithium deposits are found around the world and lithium is elementally found in sea water, few deposits are feasible to explore and develop profitably.

  • Lithium has the potential to become the new oil.

  • If every EV company took their 2023 plans and went to the lithium market today, they’d probably only get about 15% of their needed supply of lithium.

Those are staggering comments and predictions and time will tell. But it is inarguable that the need for lithium is increasing at an accelerated rate and that Companies like Lithium South Development Corp. which controls its own destiny through its lithium mining operations could find it well positioned and enjoying its own salad days.

About The Emerging Markets Report:

The Emerging Markets Report is owned and operated by Emerging Markets Consulting (EMC), a syndicate of investor relations consultants representing years of experience. Our network consists of stockbrokers, investment bankers, fund managers, and institutions that actively seek opportunities in the micro and small-cap equity markets.

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EMC has been paid $175,000 by Lithium South Development Corp. for various marketing services including this report. EMC does not independently verify any of the content linked-to from this editorial. http://emergingmarketsllc.com/disclaimer.php

Emerging Markets Consulting, LLC
Florida Office
390 North Orange Ave Suite 2300
Orlando, FL 32801
E-mail: jamespainter@emergingmarketsllc.com
Web: www.emergingmarketsllc.com


FAQ

What is the lithium demand forecast for 2024 according to Lithium South?

Lithium demand is expected to more than double by 2024, showcasing significant growth potential.

How does Europe’s lithium consumption compare to traditional fuels?

Europe now uses more lithium to power vehicles than diesel, indicating a shift toward electric mobility.

What percentage of lithium supply can EV companies obtain based on 2023 plans?

If every EV company pursued their 2023 plans, they would likely secure only about 15% of their lithium supply needs.

Why is Lithium South Development Corporation significant in the lithium market?

Lithium South is well-positioned with its lithium mining operations, poised to benefit from the increasing demand for lithium.

LITHIUM SOUTH DEV CORP

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