AAP Podcast #34 – Lithium and Recharge Resources

With interest in growing storage needs and the expanding electric vehicle market driving demand for batteries, we spoke with geologist Phil Thomas at Recharge Resources. We chat with Phil on the various end markets that consume lithium, including construction and ceramics, but as will come as little surprise he shares Recharge is preparing for the expected ramp in global EV demand. The why behind that is the expected mismatch between lithium demand and supply. During our conversation, Phil shares the intricacies of lithium mining, and why Recharge opted for the locations it has, a key consideration for mining companies. We also discuss the steps ahead for Recharge, which is a pre-revenue company, a factor that will keep the AAP portfolio on the sidelines at least for now.

Folks that want to know more about the lithium market and how its mind, may want to review Recharge’s latest investor relations presentation and the forecasts shared for lithium demand.