The federal and Ontario governments have said repeatedly that they want to build a lithium battery industry. I worry we are arriving too late now that Sodium Ion is upon us but I am probably being too pessimistic.
None of that depends on this deposit specifically though. Canada already has lots of Lithium reserves. Much of it is in the same district as this. Of course this could end up being the biggest and truly be “the anchor” I suppose.
This is just an ad for a satellite exploration company. It is not even that big a deal.
From the article, “That potential would place Cisco among the largest hard-rock lithium deposits now being tracked in the James Bay region.”
So, not even the biggest in the area.
Also, Sodium Ion is about to make Lithium much less of a big deal.
Still great economically but hardly as world changing as the headline makes out.
Sodium Ion is great diversity source for batteries, but they are inferior in many respects.
This is the part that I find interesting:
The federal and Ontario governments have said repeatedly that they want to build a lithium battery industry. I worry we are arriving too late now that Sodium Ion is upon us but I am probably being too pessimistic.
None of that depends on this deposit specifically though. Canada already has lots of Lithium reserves. Much of it is in the same district as this. Of course this could end up being the biggest and truly be “the anchor” I suppose.
2nd best time is now. Always.