The Conversation (4)
Nemaska Lithium Inc. (TSXV:NMX,OTCQX:NMKEF) is moving towards becoming a lithium hydroxide and lithium carbonate producer by developing its Whabouchi project in Quebec.
Nemaska Lithium Inc. (TSXV:NMX,OTCQX:NMKEF) is moving towards becoming a lithium hydroxide and lithium carbonate producer by developing its Whabouchi project in Quebec. The Company claims Whabouchi is North America’s richest hard rock lithium deposit, with an average grade of 1.53% Li2O.
Luisa Moreno, Senior Analyst and Managing Partner at Tahuti Global, was interviewed by SmallCapPower on April 16, 2015 and mentioned she liked a company called Nemaska Lithium Inc. In the seven months since, its stock price has powered 91% higher to its current price of $0.305.
Lithium plays have received much investor interest ever since Tesla Motors announced that it will build a $5 billion lithium-ion battery plant in Nevada, and expressed a desire to source its lithium from North American suppliers.
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