Dajin Resources Corp., based in Vancouver, Canada, is focused on early-stage lithium exploration and development. Lithium is an essential ingredient in lithium-ion batteries and a key component for electric devices and vehicles, and the report notes that it is often looked at as the element that will power the future of energy storage.
The report describes lithium as a strategic metal with growing demand driven by clean technology, with lithium carbonate and lithium hydroxide forecast to exceed global supply by 2025 unless production capacity rises significantly. Extraction from brine has drawn exploration interest because it has proven more economical than hard-rock mining. In February 2018 Dajin announced that LSC Lithium Corporation had completed phase one surface exploration of part of the San Jose/Navidad mina on the Salinas Grandes salar in Jujuy Province, Argentina, part of a 93,000-hectare land package, with high-grade lithium assay results.
OTCQB: DJIFF, TSXV: DJI · Lithium exploration