SourcingLink.net Inc. (OTC Pink: SNET) Tesla recently accelerated production of their $5B “Gigafactory” in anticipation of increased demand for lithium, ahead of the release of their new Model 3 sedan, as discussed in this recent Wall Street
Journal article: http://www.wsj.com/article_email/tesla-races-to-finish-gigafactory-in-time-for-model-3-rollout-1469404142-lMyQjAxMTA2MTI2OTUyOTk4Wj
This article not only demonstrates the increase in lithium demand, but also represents a major push to bring lithium battery production to the United States. All of this could be good news for SNET, which may be well positioned with is recent acquisition of the Lac Fire Lithium property in Quebec, Canada…
Source: Lithium Demand on the Rise