Canadian Startup Could Save America

Its new technology could end our reliance on China forever Its new technology could end our reliance on China forever                                                                                                      Wealth Daily: Fortune Favors the Bold   [Wealth Daily Logo 600x200 New]    by alex koyfman / march 12, 2024 Canadian Startup Could Save America President Biden has put the future of the EV industry in danger. By introducing tax incentives for American lithium companies and committing billions to boost domestic production, the aim is to diminish reliance on China for critical metals like lithium. However, this strategy encounters a substantial hurdle: The United States currently produces only 1% of its lithium, while China dominates the global market with a 70% share. This imbalance places the U.S. in a precarious position, still heavily reliant on China due to the absence of a robust domestic supply chain for lithium. Such a supply chain is crucial to meet the burgeoning demand from the EV sector, which is on a steep upward trajectory. According to the Bureau of Labor Statistics, by the year 2030, EVs are expected to account for one-third of all new vehicle sales... And nearly DOUBLE the amount of lithium will be required to keep up with that demand. But there’s one tiny Canadian startup that’s ready to meet that demand and end our reliance on China for lithium FOREVER. It’s all thanks to this firm’s brand new lithium extraction technology that’s set to unlock 4.3 MILLION tons of lithium from an oil field in Northwest Alberta. And the best part is that this technology processes lithium 20 times faster than traditional methods... Which means that this company can move fast into what every early investor dreams of seeing: full-scale commercial production. Once full-scale production is achieved, our reliance on China will end for good... And this tiny firm could hand you as much as 100-220x your money. [Learn more about this tiny lithium startup here.]( Sincerely, [alex koyfman signature transparent] Alex Koyfman Investment Director, Microcap Insider P.S. President Biden’s initiatives to foster the EV industry’s growth by reducing America’s dependence on China for lithium faces significant challenges, given the U.S. produces only 1% of its lithium while China controls 70% of the global market. This dependence threatens the U.S.’s ability to meet the soaring demand from the EV sector, expected to require double the current lithium supply by 2030. However, a promising solution emerges from a Canadian startup with a revolutionary lithium extraction technology. This technology promises to unlock 4.3 million tons of lithium from an oil field in Northwest Alberta, processing lithium 20 times faster than conventional methods and ending U.S. reliance on China. [Discover how this leap towards full-scale commercial production could significantly benefit early investors.]( [Feedback? get in touch](mailto:/newsletter@wealthdaily.com?subject=Wealth%20Daily%20feedback) [Read this email online]( [Manage Newsletters]( [Share on Twitter]( You signed up for our newsletter with the email {EMAIL}. You can manage your subscription and get our privacy policy [here](. This email is from Angel Publishing, 3 East Read Street, Baltimore, MD 21202 © Wealth Daily.