Grid Battery Metals (EVKRF) Positions for Growth with Domestic Mineral Resources in EV Boom

Lithium, an essential metal for creating lightweight, high-capacity batteries, is set to power the future. As electric vehicles (EVs) rely heavily on these batteries and continue to witness significant yearly sales increases, the demand for lithium rises. In 2022, worldwide lithium production reached 737,000 tons. Analysts project this figure to escalate to 964,000 tons in 2023 and further to 1.17 million tons by 2024.

Electric Vehicles (EVs) have rocketed to mainstream attention, spearheaded by giants like Tesla (TSLA). With global EV sales breaching the 10 million mark in 2022 and the U.S. gearing up for a projected 1 million EV sales in 2023, the growth is palpable. Behind this surge is a critical component – batteries. Their far-reaching applications, spanning from transportation to energy storage, emphasize their vital role in the green energy shift. Yet, they rely on pivotal raw materials such as lithium, copper, nickel, and cobalt.Governments worldwide recognize the importance of these materials.

For instance, the European Union’s “Critical Raw Materials Act” of 2023 seeks to ensure a sustainable supply chain. The U.S., too, is leaning towards domestic sourcing. This shift has shone the spotlight on companies with domestic mining footprints for these crucial minerals. Among these, Grid Battery Metals Inc. (OTCQB:EVKRF)(TSX.V:CELL), alongside others like Surge Battery Metals and Century Lithium, emerges as a potential promising name. A deep dive into Grid Battery Metals reveals its ambitions to dominate the domestic mining landscape. Based in British Columbia, this veteran firm with decades of experience zeroes in on mining essential minerals, notably lithium and nickel.

The rationale is clear: the surging demand for these minerals, propelled by forecasts suggesting that nearly 30% of vehicles will sport lithium-ion batteries by 2030. Among its multiple projects, Grid Battery Metals has made waves with its Clayton Valley and Volt Canyon Projects, and the new addition, the Texas Spring property in Nevada. Notably, Texas Spring is neighbors with Surge’s Nevada North Lithium Project, which has unveiled lithium deposits with a remarkable content of 3254 ppm, way beyond the encouraging threshold of 100 ppm.

Moreover, with Nevada touted as a premier mining investment hub, it’s an optimal base for Grid Battery Metals to amplify its operations. Grid Battery Metals’ financial health speaks volumes about its prospects. Having recently raised CA$3 million via a private placement, bolstered by its existing reserves of CA$4.5 million and marketable securities worth CA$3.6 million, the firm boasts of a war chest surpassing CA$8 million.

A buoyant Mr. Tim Fernback, Company President & CEO, remarked, “With our funding in place for 2023 and 2024, we’re poised for aggressive exploration on our existing properties and scouting for new strategic lithium properties.” For investors, Grid Battery Metals potentially offers a compelling proposition: a small-cap entity poised for growth in a sector on the cusp of a revolution.

7 Reasons Why Grid Battery Metals Inc.(OTCQB: EVKRF) (TSXV: CELL) Could See Significant Upside Potential In 2023.

Albemarle Corporation (ALB), Sociedad Quimica y Minera de Chile (SQM), Mineral Resources Limited (MALRY), Livent Corporation (LTHM), Lithium Americas Corp. (LAC), Sigma Lithium Corporation (SGML), Ganfeng Lithium Group Co., Ltd. (GNENF), and Pilbara Minerals Limited (PILBF) are soe of the leading players in the lithium sector that needs to be placed on top of radar. 





Disclaimer: FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. Please ensure to fully read and comprehend our disclaimer found at A payment of one thousand and six hundred dollars was received by from a 3rd party for content distribution on EVKRF, from 08/21/2023 to 08/25/2023. is neither an investment advisor nor a registered broker. No current owner, employee, or independent contractor of is registered as a securities broker-dealer, broker, investment advisor, or IA representative with the U.S. Securities and Exchange Commission, any state securities regulatory authority, or any self-regulatory organization. This article may contain forward-looking statements as defined under Section 27A of the Securities Act of 1933 and 21E of the Exchange Act of 1934. These statements, often incorporating terms like “believes,” “anticipates,” “estimates,” “expects,” “projects,” “intends,” or similar expressions about future performance or conduct, are based on present expectations, estimates, and projections, and are not historical facts. They carry various risks and uncertainties that may result in significant deviation from the anticipated results or events. Past performance does not guarantee future does not commit to updating forward-looking statements based on new information or future events. Readers are encouraged to review all public SEC filings made by the profiled companies at It is always important to conduct thorough due diligence and exercise caution in is not managed by a licensed broker, a dealer, or a registered investment adviser. The content here is purely informational and should not be taken as investment advice. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor regarding forward-looking statements. Any statement that projects, foresees, expects, anticipates, estimates, believes, or understands certain actions to possibly occur are not historical facts and may be forward-looking statements. These statements are based on expectations, estimates, and projections that could cause actual results to differ greatly from those anticipated. Investing in micro-cap and growth securities is speculative and entails a high degree of risk, potentially leading to a total or substantial loss of investment. Please note that no content published here constitutes a recommendation to buy or sell a security. It is solely informational, and you should not construe it as legal, tax, investment, financial, or other advice. No content in this article constitutes an offer or solicitation by or any third-party service provider to buy or sell securities or other financial instruments. The content in this article does not address the circumstances of any specific individual or entity and does not constitute professional and/or financial advice. is not a fiduciary by virtue of any person’s use of or access to this content.

Media Contact
Company Name: Investor Brand Media
Contact Person: Ash K
Phone: (954) 593-5597
Country: United States