Lithium Chile Inc. (TSX.V: LITH) (OTC: LTMCF) Eyes China’s Electric Vehicle Battery Market
Rising EV output fueling lithium demand from battery makers Chinese battery manufacturers hold dominant market position Lithium Chile output offers competitive balance to North American battery makers Lithium Chile Inc. (TSX.V: LITH) (OTC: LTMCF) may be based in the Americas, but its eyes are cast to the East, where, according to Andrew Bowering, a director of the company, “China is ‘building battery manufacturing plants in anticipation of supplying batteries to what drives everything these days… from lawnmowers, to cell phones, to cars… now to buses, to 18-wheel trucks for Tesla.” (http://ibn.fm/48Soi). Chinese companies, already major players in lithium mining, are set…