3 Lithium Juniors in Nevada Up Over 200 Percent Year-to-Date

3 Lithium Juniors in Nevada Up Over 200 Percent Year-to-Date

Lithium Corporation and Pure Energy Minerals have climbed around 600 percent this year, while Western Lithium has seen its share price gain a whopping 240 percent. To be sure, these lithium juniors picked the right state to build mines in, especially with this month's announcement that Tesla will be building its gigafactory there.

Nevada Lithium Juniors Jump on News of Tesla Gigafactory

The share prices of Nevada lithium juniors Western Lithium, Lithium Corporation and Pure Energy Minerals spiked today on news that Tesla Motors will build its lithium-ion battery gigafactory in the state.

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Company News

Rare Earth Minerals Ups Holding in Bacanora Minerals

Rare Earth Minerals (LSE:REM) reported that it has increased its shareholding in Bacanora Minerals (TSXV:BCN) to 12 percent, up from 11.83 percent previously. Bacanora is REM's joint venture partner in the Sonora Lithium Project in Mexico.

RB Energy to Initiate Sale for Aguas Blancas

RB Energy (TSX:RBI,OTCQX:RBEIF) reported positive progress in the commissioning of its Quebec lithium plant in its recent corporate update, and also reported that it will initiate the sale of its Aguas Blancas iodine operation in order to focus more closely on the lithium space.

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INN Video: Peter Secker of Canada Lithium

Canada Lithium (TSX:CLQ) President and CEO, Peter Secker, spoke with the Investing News Network at PDAC in Toronto on the Quebec Lithium Project.

Market News

WIll Tesla’s Gigafactory Boost Lithium ETFs?

Since the selection of Nevada as the home for Tesla Motors Inc.'s (NASDAQ:TSLA) gigafactory, lithium ETFs are also reveling in the good news.

Nevada Lithium Mine Likely Drove Tesla’s Decision

The fact that Nevada hosts the only operating lithium mine in the United States probably played into Tesla Motors's (NASDAQ:TSLA) decision to located its lithium ion batter gigafactory there, according to an article from Marketwatch.

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