What is the first thing you notice about lithium batteries compared to regular batteries in the store? I notice the price and can tell you when I finally had enough in my budget to justify the experiment of seeing if they really do last longer… I was happy with the results to say the least. But that price difference is not justifiable in many families’ budgets at the present time because of current economic conditions.
How do we ratchet down the price of lithium you ask? Simple supply and demand economics… We mine more of it and increase the supply to meet a rapidly expanding demand. One company attempting to contribute to this supply is Force Energy Corp. (FORC) based in Denver, Colorado.
Force Energy (FORC) has interests in Alberta and Manitoba, Canada along with a working interest within the Wind River Basin, Wyoming.
According to Force Energy’s (FORC) Web site, the three main global end-use markets for lithium include ceramics and glass, batteries and lubricating greases (I grew up on a farm and can tell you, first hand, how much the agriculture sector already invests in this necessary expense is quite significant).
Batteries, especially rechargeable batteries, are the market for lithium compounds with the largest growth potential as major automobile companies continue to pursue the development of lithium batteries to power hybrid electric vehicle… It doesn’t take a rocket scientist to see the potential return on investment from a lithium exploration company like Force Energy (FORC).
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