Concerns about whether there will be enough batteries for the many electric vehicles that will soon be on our roads have already caused the price of lithium to rise sharply twice in recent years. But investors have overlooked the fact that while car batteries do indeed require a lot of lithium, the need for graphite is even greater. E-Power Resources (CSE: EPR / WKN / A3CL8W / FRA 8RO) is striving to secure this demand in the long term. To this end, the company is developing the Tetepisca project, a world-class graphite property in the Canadian province of Québec. Due to the booming global market for electric vehicles, the industry is anticipating further exponential growth in demand for graphite despite short-term slowdowns. The experts at Fastmarkets expect US graphite demand alone to increase by more than 600% to almost 700,000 tons by 2034! This clearly speaks in favor of E-Power Resources with its high-grade North American graphite projects, even if the company still has a lot of work ahead of it. In addition, the company has a tight capital structure with a high proportion of insiders, an existing, well-developed infrastructure and a legally secure and stable political environment. We are looking forward to the next steps by E-Power Resources and will stay tuned to this exciting story! Find out more NOW: E-Power Resources: Graphite player with high discovery potential!
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