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Electric Car Manufacturing Was Named By Desormeaux As A Factor Causing A New Spike In Lithium Demand.(Graphic: Business Wire)

Nova Mining Corp. (OTCBB: NVMN): According to an interview named “Lithium Demand Will Spike” by The Energy Report, Daniela Desormeaux, an expert in industrial chemicals and natural resources, named several factors that have led her to conclude that lithium demand will tighten even more. In light of the fact that Bloomberg Businessweek, also quoted by Ms. Desormeaux, recently reported that lithium prices have tripled, this new expert information may be a signal that the market for lithium could quickly be headed for a “bubble effect”.

Nova Mining Corp. President James Dilger arrived in China today for the purpose of negotiating lithium pricing with multiple lithium-ion battery manufacturers there. Dilger explained on Tuesday that his focus in China will be to see who will come up with the best offer and that he has a responsibility to Nova’s shareholders to get the best deal possible.
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