ULTRA LITHIUM INC. — TSX.V-ULT
Ultra Lithium Inc. ULT
  • Home
  • About
    • Overview
    • Directors
    • Management
    • Corporate Responsibility
    • Corporate Information
    • Disclaimer
  • Lithium
    • Overview of Projects
    • Laguna Verde Brine Lithium Property
      • Laguna Verde Brine Photos
      • Laguna Verde Brine Maps
    • Georgia Lake Lithium Pegmatites
      • Georgia Lake Lithium Photos
    • Forgan Lake Lithium Pegmatites
    • South Big Smoky Valley Project
    • Lithium Uses
  • Gold
    • Gold Projects
    • Assay Results
    • Gold Project Photos
  • Investors
    • Stock Quote
    • Investor Presentation
    • Regulatory Filings
    • Investor Contact
  • News
    • News Releases
    • Media Contact
    • Media Resources
  • Contact
    • Contact Information
    • Investor Email Signup
  • Menu Menu
  • Twitter
  • Facebook
  • LinkedIn
  • Youtube
Blog - Latest News
2017 Executive Order

2017 Executive Order Makes Lithium Critical

February 8, 2019/in In the News/by Gray Leigh

Lithium Mining Gets Boost from 2017 Executive Order

Donald Trump unknowingly favours clean transportation tech. Consequently, American lithium mining has benefited from a 2017 Executive order. The White House might need to install a charging station.

READ: US Defense Department Invests in Lithium

The Executive order deems lithium a vital mineral to the nation’s economic health. Additionally, it protects 23 other minerals. The decision comes as experts anticipate the global Li-Ion battery market to reach $60 billion USD by 2025.

2017 Executive OrderMeanwhile, electric vehicle popularity steadily rises. Moreover, this popularity isn’t restricted to North America. China currently leads the global EV race. Furthermore, Europe has taken serious action to encourage plug-in vehicle adoption. After all, it has ample motivation to do so.

Decreasing US Import Reliance

Granted, global EV penetration still hasn’t exceeded 3%. Most consumers still choose gas-powered engines. Granted, this is due to 2 factors. Firstly, EVs are still very expensive. Secondly, charging stations are less accessible than gas stations. However, certain countries are an exception.

Ultimately, the 2017 executive order was intended to reduce US import reliance. The primary goal was to reduce foreign oil dependence. Now, similar legislation protects clean energy resources. Lithium demand is expected to increase by 1,300% over the next 2 years. However, EVs currently don’t make up the bulk of lithium demand. Instead, this distinction belongs to consumer electronics. Everything from Smartphones to the Mars Rover Curiosity relies on lithium.

Lithium and Trump

2017 Executive OrderNevertheless, transportation will soon become the bulk of lithium’s use. Most major automakers have entered the EV game, so this isn’t expected to stop. Moreover, the EV industry’s momentum will help it survive Trump. The nation’s 43rd president routinely threatens to cancel its EV car subsidy. However, foreign governments and corporations overwhelmingly back clean transportation.

Consequently, it’s unlikely Lithium-Ion’s popularity will decrease. What’s more, Trump’s actions might’ve set this in stone.

Related Articles

• Artificial Engine Sounds in Electric Cars

• Honda Urban EV Features Retro Design

• Electric Vehicle Wins Car of the Year

Ultra Lithium Inc. A team of lithium experts with a finger on the pulse of clean energy news, Ultra Lithium is a lithium exploration company with holdings in Argentina, Canada and the US (TSX-V: ULI, OTCQB: ULTXF and Frankfurt: QFB).

 

Share this entry
  • Share on Facebook
  • Share on Twitter
  • Share on LinkedIn

LATEST NEWS

  • Ultra Lithium Cuts 1.81 Percent Lithium Oxide Over 10 Meters in Channel Samples at the Forgan Lake Lithium Property Northwestern OntarioMarch 3, 2023 - 10:16 am
  • Ultra Lithium Invites Shareholders and Investment Community to Visit Booth #2353 at PDAC 2023 Toronto, March 5-8, 2023March 2, 2023 - 6:00 am
  • Ultra Lithium Assays Up To 417 PPM Lithium in Drill Hole at the Laguna Verde Brine Lithium Project in ArgentinaFebruary 28, 2023 - 4:30 am
  • Ultra Lithium Intersects 2.68 Percent Lithium Oxide at The Forgan Lake Lithium Property in Northern Ontario, CanadaFebruary 8, 2023 - 5:00 am
  • Ultra Lithium Responds to Government of Canada Critical Minerals AnnouncementNovember 4, 2022 - 4:30 am

ABOUT

Overview
Management
Directors
Corporate Responsibility
Corporate Information
Disclaimer

 

LITHIUM

Overview of Projects
Laguna Verde Brine Lithium Property
– Laguna Verde Brine Photos
– Laguna Verde Brine Maps
Georgia Lake Lithium Pagmatites
– Georgia Lake Lithium Photos
Forgan Lake Lithium Pagmatites
South Big Smoky Valley Project

Lithium Uses

GOLD

Gold Projects
Assay Results
Gold Project Photos

INVESTORS

Stock Quote
Investor Presentation
Regulatory Filings
Investor Contact

NEWS

News Releases
Media Contact
Media Resources

CONTACT

Contact Information
Investor Email Signup 

CONTACT INFORMATION
Ultra Resources Inc.
1120 – 789 West Pender St.
Vancouver BC V6C 1H2
Canada

Kiki Smith, CPA, CGA
Chief Financial Officer
E: [email address protected by javascript]
T: +1-778-968-1176

Afzaal Pirzada, M.Sc.(Geo), P.Geo.
Vice President, Exploration
E: [email address protected by javascript]
T: +1-778-558-4940

Branding and Design:
NextPhase Strategy Marketing Inc.

Tesla Model Y Production to Start SoonTesla Model YElectric Car WinterElectric Car Winter Performance: The Truth
Scroll to top