Abundant Lithium Deposit:
Eastman Minerals' concession area boasts a substantial Lithium deposit. 1 Lithium is a Key Element in Batteries. It is a crucial component in rechargeable batteries, which power devices from smartphones to electric vehicles. Essential for Renewable Energy: As the renewable energy sector expands, Lithium demand is set to soar for storing solar and wind energy. Strategic Resource: With increasing focus on sustainability, Lithium is pivotal for reducing carbon emissions in transportation and energy storage. Investment Potential: Capitalizing on the growing lithium demand presents a lucrative opportunity.
Niobium:
High-quality Niobium deposits are found in Eastman Minerals' concession area, crucial for strengthening steel used in infrastructure, aerospace, and automotive industries.
Tantalum & Tin:
Valuable Tantalum deposits are present, vital for electronic devices, capacitors, and aerospace alloys due to their resistance to corrosion and high melting point.
Tin deposits contribute to electronics, soldering, and packaging industries, with demand fueled by the growth in consumer electronics and renewable energy sectors.