EMP Metals Corp. (CSE: EMPS) (OTCQB: EMPPF) (FSE: 9ST) a Canadian-based lithium exploration and development company focused on unlocking large-scale brine resources using direct lithium extraction (DLE) on its two flagship projects, Viewfield and Mansur, in the lithium-rich brines of the Duperow Formation, located in Saskatchewan.
EMP Metals is exploring and developing lithium brine assets, helping to address domestic critical element supply chains. The seasoned project technical team possesses deep resource experience to advance its strategic property package. Lithium testing on vertical wellbores at the Viewfield and Mansur properties have confirmed high flow rates and brine concentrations of up to 259mg/L and 217mg/L, respectively, indicating significantly higher grades of lithium being discovered in Saskatchewan’s Duperow formation versus the Leduc formation in Alberta.
By 2026, the global lithium market is predicted to be worth approximately $91.9 billion.
Lithium is projected to grow at a compound annual growth rate (CAGR) of 19% from 2020 to 2028.
In 2019, the automotive industry was the largest segment with a revenue share of 40.8%
Lithium demand is anticipated to reach 650 kilotons by 2025, a growth rate of 599% from 2019 to 2025 in the EV market.
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