TSLA - Standard Lithium: The Ridiculous Potential Of Texas

2024-04-03 08:30:00 ET

Summary

• Standard Lithium has intriguing lithium properties in Arkansas and Texas.
• LAC just received a $2.26 billion dollar loan from the US Government. SLI could be next.
• Powerhouse Exxon acquired a property for $100 million directly across from Standard Lithium.
• The Texas Lithium property is a gem, with lithium brine grades that average 644 mg/l.

Lithium's Demise is Premature

Reading the headlines, one might glean that lithium batteries are kaput and were just a fad. While some companies are indeed slowing down concerning EV timelines, others like Tesla ( TSLA ) are working on producing a $25,000 automobile. The reality though, is capital is still flowing into large EV production facilities from car makers, battery production facilities, and lithium mining projects. Not to mention the Federal government just moved a step closer to giving Lithium Americas ( LAC ) a $2.26 billion dollar loan . Hence, investors might be wise to take notice and follow the money....

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