8,300+ acres with 16 Spodumene Pegmatite Dykes
Who Are We?
Foremost Lithium is a hard-rock exploration company strategically located to capitalize on the world’s growing EV appetite and is committed to being a premier supplier of North America’s lithium feedstock. As the world transitions towards decarbonization, the company is focused on exploration and growth on its 5 Lithium Lane Projects in Snow Lake Manitoba, and its newly acquired Lac Simard South Property in Quebec. Foremost Lithium also has the Winston Gold/Silver Property in New Mexico USA.
Acres in the Snow
Lake District in Manitoba
Lithium Lane Projects
What is lithium?
Lithium is a soft, silvery-white alkali metal that comes from two main sources, brine and hard-rock but can also be found in clay. Soaring demand of this light-weight metal, fueled by global adoption of electric vehicles has created an overwhelming demand for this critical mineral as battery makers and EV suppliers scramble to secure their supply.
BloombergNEF predicts demand for lithium is set to surge more than sevenfold by 2030 which will require another 50 more mines to go into production by that time to fill the demand/supply gap. As the world tranisitions to a cleaner and a carbon neutral environment, lithium is an integral piece towards this energy independence.
|Getting into the lithium business is a license to print money|