We like to talk about lithium on The Armchair Trader, but that's because we like the macro-dynamics lithium presents to a world that is desperately searching for alternatives to fossil fuels. In the case of ION Energy [TSXV:ION] we see an early stage lithium mining venture with a mega stake in Mongolia and a massive market in China next door.
The company's co-founders, Ali Haji and Matthew Wood, were already in the Mongolian mining game when they stumbled across a potentially massive lithium opportunity in the Gobi desert. They have managed to secure the rights for what is recognised as one of the largest exploration licenses in the country, at a time when lithium exploration there is really only just getting started.
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