Nevada Lithium

Lithium Industry

Electric Vehicles (EV) are here. Generating Lithium for the batteries they use is one of the world’s youngest and most important industries. China currently dominates the marketplace.[21] The rest of the world, including the USA, is now responding to secure its Lithium supplies. 

The Bonnie Claire Project, located in Nevada, is well positioned to use any preferential treatment by the US Government. Importantly, Canadian companies, such as Nevada Lithium Resources, are the only non-US entities considered to be US domestic sources of Lithium.[23]

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Jump in electric vehicle (EV) sales in 2020 despite global pandemic[1]

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Projected output growth of global EVs from 2020 to 2024[2]

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Value of global EV market by 2025[2]

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Growth needed in global lithium production to meet growing demand[3]


  23. Building Resilient Supply Chains, Revitalizing American Manufacturing, and Fostering Broad-Based Growth, June 2021, Page 162

*Source: “Preliminary Economic Assessment NI 43-101 Technical Report, Bonnie Claire Lithium Project, Nye County, Nevada” (Effective date of August 20, 2021, and Issue date of September 23, 2021). The Qualified Person for the mineral resource estimate is Terre Lane of Global Resource Engineering Ltd., of Denver, CO, USA. The Mineral Resource estimate, based on borehole mining methods, is 3,407.3 Mt at 1,013 ppm Li (inferred) for 18.372 Mt of Lithium Carbonate Equivalent (LCE). The estimate is based on an assumed lithium price of 13,400 $/tonne Li2C03, a cut-off grade of 700 ppm Li, and Li2C03 to lithium ratio of 5.323. The borehole constraint assumes a 68% mining recovery and 5% dilution. Numbers have been rounded to reflect the accuracy of the estimate and may not sum due to rounding. Mineral resources are not mineral reserves as they do not have demonstrated economic viability. There is no certainty that all or any part of the Mineral Resources will be converted into Mineral Reserves. It is reasonably expected that the majority of the Inferred Mineral Resources could be upgraded to Indicated Mineral Resources with continued exploration. The technical report is filed, as required by NI 43-101, on the Company’s SEDAR profile at”

The disclosure on this page includes statements containing forward-looking information within the meaning of applicable Canadian securities law (“forward-looking statements”). Forward-looking statements are frequently characterized by words such as “develop”, “plan”, “continue”, “expect”, “intend”, “project”, “intend”, “believe”, “anticipate”, “estimate”, “potential”, “propose” and other similar words, or statements that certain events or conditions “may” or “will” occur, and on this page include the statements regarding the Company’s expectations concerning: market demand for lithium and EVs; shifts in the automotive industry from gas to electric vehicles; the positioning of the Bonnie Claire Lithium Project in Nevada and globally. Forward-looking statements are only predictions based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. Factors that could materially affect such forward-looking information are described under the heading “Risk Factors” in the Prospectus, including the schedules attached thereto, that is available on the Company’s profile on SEDAR at The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.