The global lithium market size was valued at USD 4.23 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 1.9% from 2020 to 2027.

Global demand for lithium is expected to rise from an estimated 47,300 tonnes in 2020 to 117,400 tonnes in 2024.

Recently the company announced lithium news. From company news-- Brazil Minerals, Inc. (OTCPINK: BMIX) Received exploration permits for two additional mineral claims that now are part of its lithium project in the northeast part of the state of Minas Gerais in Brazil. The Company is focused on hard-rock lithium from high grade spodumene pegmatites. As previously reported, Brazil Minerals has now direct ownership of projects in a triad of strategic minerals - lithium, titanium, and rare earths. https://bit.ly/39pGRkW

From company web site-

LITHIUM PROJECT

Mineral: Lithium

________________________________________

Ownership: 100%

________________________________________

Location: Rubelita, State of Minas Gerais

________________________________________

Area: 288 acres

________________________________________

Highlights:

*	Status: In situ geological research planned for Q1 2019
*	The area around the municipality of Rubelita in the state of Minas Gerais is in a known province for lithium after detailed studies by the Brazilian government-funded CPRM (Mineral Resources Research Company) confirmed lithium mineralization
*	Recently Mitsui signed a $30M deal with nearby Sigma to develop lithium production from this province
*	Brazil Mineral's area may also have Aquamarine, Beryl, Tourmaline, Granite, Feldspar deposits

https://bit.ly/38E1dYh

Contact:

SmallCapZone

info@smallcapzone.com

Disclaimer:

All information contained herein as well as on the SmallCapZone.com website is obtained from sources believed to be reliable but not guaranteed to be accurate or all-inclusive. All material is for informational purposes only, is only the opinion of SmallCapZone.com and should not be construed as an offer or solicitation to buy or sell securities. The information includes certain forward-looking statements, which may be affected by unforeseen circumstances and / or certain risks. This report is not without bias. SmallCapZone.com has motivation by means of either self-marketing or SmallCapZone.com has been compensated by or for a company or companies discussed in this article. SmallCapZone.com has not been compensated for this article. You can easily lose money investing in highly speculative small cap/micro-cap stocks like the ones mentioned within. Please consult an investment professional before investing in anything viewed within. When SmallCapZone.com is long shares it will sell those shares.

.

(C) 2021 M2 COMMUNICATIONS, source M2 PressWIRE