StockEgg.com – AMEL is at the dawn of a Revolution
More on AMEL
This is the time to start researching AMEL, investing in AMEL in the early stages is almost like investing in oil when cars were first invented.
Now don`t forget, President Obama has already signed the Advanced Battery Manufacturing Initiative in March of 2009, which provides for $2 Billion in funding to stimulate large-scale domestic production of advanced, lithium-ion batteries for hybrid and electric cars
The Electric Car revolution is here and many major car companies are either already selling them or planning to.
Lithium is being described as the new oil.
AMEL has chosen to base its operations in Nevada, as it is the heart of American Lithium exploration and mining.
Nevada is currently the home to America`s only Lithium producing mine!
A location like this gives AMEL ample opportunity to progressively develop themselves into one of the leading American players in the global lithium industry.
Lithium is a major ingredient when it comes to hybrid and electric cars. Could you imagine chicken soup without the chicken or cheesecake without the cream cheese
It has been said that electric cars will account for one third of total lithium capacity!
According to a recent report by the investment adviser Byron Capital markets, the demand for lithium from 2009 to 2014 is predicted to see a 40% increase!
There is a monster market that spreads all across the globe.
With about 23 million tons of identified lithium resources being located in countries other than the U.S. and increasing demand from growing Asian markets and manufacturers, now is the time for American companies like AMEL to securely position the nation as an major player.
AMEL has recently executed a definitive agreement thereby acquiring a 100% NRI (Net Revenue Interest) in the assets of the Wagin Salt Lakes Property in Wagin, Western Australia.
AMEL`s Australian plays sit upon a vast area of lithium rich land located in the state of Western Australia.
Spread over 43,000+ Acres, The Wagin Salt Lakes property is made up of 3 projects being, Bare Rock Project, Nomans Lake Project and the Hoffmans Hill Project.
The three projects lie within the South West Mineral Field, an area identified as being rich in brine deposits and a key site for global lithium extraction.
AMEL CEO Matthew Worrall commented on the Company`s latest acquisition by stating, “The Australian property adds a whole new dimension to AmeriLithium`s corporate strategy. Thanks to our interest in this mineral-rich region of Australia and its geographical location, AmeriLithium stands to be a major player in one of the world`s most significant new discoveries on the lithium extraction landscape, and gives us the opportunity to capitalize on the major demand for Lithium from the massive developing Asian markets.
“It is with this kind of diversity that AmeriLithium will become a major force in the extraction and supply of Lithium, enabling our company to supply the rapidly growing market for this valuable resource,” Worrall further commented.
AMEL has a 5,880-acre Paymaster Project which is adjacent to Clayton Valley in Nevada.
According to the Rodinia Minerals Inc. website:
– Neighboring production is estimated at 55k+ tons of lithium since 1967!
– An estimated 826k+ tons of lithium in Clayton Valley to South.
AMEL CEO Matthew Worrall stated, “We have amassed a world class team here at AmeriLithium. Our Management Team consists of all the key components necessary to drive the company forward both quickly and dynamically with big company experience covering all the relevant sectors. We feel that with our new HQ location In Nevada, we are well positioned to develop the company into a leading player in the North American Lithium industry.”
“Demand for lithium, long used in small amounts in mood stabilizing drugs has climbed as makers of batteries for BlackBerrys and other electronic devices used the mineral. But the automotive industry holds the biggest untapped potential for lithium, analysts say.” — New York Times Feb 2009.
President Obama has a goal to put one million plug-in hybrids on U.S. roads by 2015. This could even further the demand for lithium.
Recently shares in Electrovaya Inc. (TSX:EFL) jumped more than 70% after the lithium-ion battery producer officially announced it will supply Chrysler with batteries for a line of demonstration vehicles!
AMEL has a goal of growing into the largest and leading American player in the lithium industry!
For more information on AMEL, visit their website at: www.amerilithium.com
Please do your due diligence and consult with a financial professional.
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