ACME’s strategic position in Clayton Valley may soon prove advantageous as America seeks to stockpile lithium carbonate in the wake of new US emissions standards calling for a full 50% of vehicles sold in the US by 2030 to be EVs.
With a current market cap below C$30 million — and with lithium demand projected to double by 2024 as millions of new EVs and hybrids hit the roadways — ACME is emerging as one-to-watch as a potential future US producer of the so-called “white petroleum” with drilling slated to commence next quarter.