Our Electric Future
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Our Electric Future
Making Everyday Life Easier
The emphasis on energy grid security and the transition to renewable energy sources have led to a marked increase in the demand for lithium and copper. Both China and the United States declared government-imposed directives to transform their large energy grids into highly reliable and dynamic systems to meet rising per capita energy demands. These recent directives have led to a rally in copper prices to all-time highs and an expected addition of 18.2 GW of utility-scale lithium-ion Battery Energy Storage Systems (BESS) in the US alone.
Trieste Lithium Project
James Bay, Québec, Canada
The Trieste Lithium Project, covering 251km², is strategically located along the Trieste Greenstone Belt and connected to multiple spodumene-bearing lithium projects, including Rio Tinto/Midland Exploration, Azimut Exploration/SEQUEM and Winsome Resources’ (ASX:WR1) Adina Lithium Project with a JORC Inferred Mineral Resource Estimate of 78Mt at 1.15% Li2O. In collaboration with its neighbours, Loyal Lithium plans to advance the Trieste Greenstone Belt into a premier lithium hub.
The Demand of Electrification
Global Adoption Supercharging Demand
The lithium market is experiencing an expansion unlike any other commodity. The driving forces behind this unprecedented demand can be found in the growing demand in the electric vehicle market, high-capacity energy storage, increasingly powerful and compact smartphones and other handheld devices.