Tech Breakthrough Will Save The Electric Car Market

Read more on this subject: Science, Medicine and Technology
News Story Source: https://www.nextbigfuture.com, brian wang
The global battery market is set to hit $120 billion in less than two years, and there's a massive investor opportunity here in lithium—but this isn't a mining play, it's a tech play all the way.

As lithium continues to enjoy status as the hottest metal on the market, and as producers race to the finish line to bring new supply online, one little-known company just might hold technology that will give it a big edge.?

In the swarm of new entrants on the lithium playing field, International Battery Metals (CSE:IBAT; OTC: RHHNF) stands out—front and center—because it's sitting on a proprietary advanced technology that could push lithium into the production stage rapidly. It has signed an LOI with North American Lithium (NAL) to acquire all its lithium extraction process intellectual property and be restructured with NAL becoming an integral part of the company.

Where traditional solar evaporation technology takes up to 24 months to extract lithiu
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