Dan Turner

Great to be with you.

Thanks for having me.

Yeah, it's a remarkable discovery.

What's valuable about lithium is that like a lot of hard metals, it is an amazing energy conductor, but it is incredibly malleable.

You can cut lithium with a knife, but you can bring it up to temperatures of a thousand degrees and it doesn't lose its shape.

And that's what makes it so valuable is that you can bend it and twist it

And when you think of your smart devices and how thin they are, you need lithium that can conduct electricity without getting to that high temperature and also have these very intricate, tiny little shapes.

And so lithium's use and usage is going to explode tenfold.

We need more lithium, not less.

The fact that we have found it now in abundance in America is just great news.

China dominates this market.

Not only they are the third largest lithium producers in the world, but the first and second largest, Australia and Chile, those are all Chinese mines.

Most of the Australian mining is owned by communist China.

So this is a huge dent into their market share and they have to be petrified.

This is going to be at least, you know, optimistically five, more likely a 10-year plan, right?

Mining like this does take an awful lot of time to bring online.

They can get shut down really quickly, but to get this operational is going to take some time.

But that will be built into market prices and market shares, kind of similarly the way we're seeing the huge spike in oil.

Even though we don't have a supply problem here in America,

The markets look at what's happening in Iran, and they're nervous, and that's built into the price.