Lithium: Fueling the Clean Energy Revolution

As the foundation of EVs, personal electronics, and grid-scale storage, lithium is more than a mineral, it’s the powerhouse driving the global shift to sustainable energy and a cleaner future.

From EVs to Energy Grids: Four Reasons Lithium Matters

Lithium powers the sustainable future—driving EVs, stabilizing renewable grids, and keeping our world connected.

01
Driving the Electric Vehicle Revolution
Lithium-ion batteries power the EV revolution, delivering clean, portable energy that replaces fossil fuels in transportation. Surging EV sales highlight lithium’s vital role in decarbonizing the automotive industry.
02
Powering Grid-Scale Energy Storage
Lithium powers Battery Energy Storage Systems (BESS), enabling efficient capture and distribution of renewable power like wind and solar energy. By stabilizing grids and integrating renewables, it plays a vital role in reducing reliance on fossil fuels.
Lithium Market - Powering Grid-Scale Energy Storage
Lithium Market - Enabling Portable Electronics
03
Enabling Portable Electronics and Modern Computing
Lithium-ion batteries power everyday essentials—from smartphones to laptops—making modern communication and digital access possible. This widespread use underscores lithium’s role in driving sustainability and efficiency in our connected world.
04
Facilitating a More Efficient Energy Economy
Even where fossil fuels remain, lithium-ion batteries boost efficiency by centralizing power generation with cleaner systems. Stored energy powers EVs, reducing emissions and creating cleaner, more efficient cities than combustion engines ever could.
Lithium Market - Facilitating a More Efficient Energy Economy

Lithium By The Numbers

5.6X
Increase in Lithium (LCE) Demand by 2040 vs 2024
53%
YoY growth in installed BESS capacity in 2024
21.7M
Projected 2025 EV Sales Globally (vs 17.5M in 24)
23.6%
Projected 2025 EV/PHEV Market Share Penetration

Understanding the Lithium Market

Despite increased production, supply chain bottlenecks and geopolitical risks are prominent concerns. There’s a growing focus on securing diversified, Western-world-facing supply chain sources for lithium, and PMET‘s Shaakichiuwaanaan project is ideally positioned to fill the gap in the market.

The global lithium market, while experiencing unprecedented demand driven by the clean energy transition, faces significant complications. Despite increased production from regions like Latin America and Australia, bottlenecks in the supply chain are a prominent concern. This environment has led to a growing focus on securing diversified and “Western-world-facing” supply chain sources for this vital mineral. The Shaakichiuwaanaan project represents an ideal solution to these complexities, due to its size, proximity to the market, transportation links and its timeline. The project is positioned to capitalize on the opportunity by offering a potential secure, Western-aligned source of lithium, alleviating supply chain pressures and contributing to the stability required for the ongoing energy transition.

Read more about Shaakichiuwaanaan
RESOURCES

Corporate Presentation

North America’s Next Critical-Minerals Powerhouse
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Critical Minerals

Caesium and Tantalum

As part of the Shaakichiuwaanaan trend, PMET has also identified strategic deposits of Caesium and Tantalum, two of the world's most valuable and sought-after critical minerals

Caesium: Rare, Strategic, and In Demand

  • Caesium is one of the rarest critical minerals on Earth, prized for its role in advanced electronics, telecommunications, aerospace, and medical imaging.
  • With supply largely concentrated in a handful of deposits, market dynamics are shaped by scarcity and high strategic value.
  • Securing a stable, Western-aligned source is vital for industries seeking resilience against supply shocks.

Tantalum: Powering High-Tech Innovation

  • Tantalum is essential for capacitors and high-performance alloys used in smartphones, medical devices, defense systems, and aerospace.
  • Global demand continues to rise as electronics production accelerates, yet supply is often limited and geopolitically exposed.
  • Reliable, transparent sources like Shaakichiuwaanaan are key to meeting market needs while ensuring ethical and secure supply chains.

Lithium Market