A new battery technology, based on lithium, is being born which could fuel big changes in mobile phones and cars. Here’s how to invest.
BACANORA MINERALS LTD ORD NPV (DI) Share Price [ BCN ]
Bacanora Minerals is a Mexican miner of industrial metals. It is listed in Canada on the TSX Venture Exchange (CVE:BCN), and in London on Aim (LON:BCN).
Its primary focus is on producing borates and lithium. It currently has two mining projects in northern Mexico – the Sonora lithium mine in the Sierra Madre Occidental and the Magdalena borate mine near the town of Magdalena de Kino.
Bacanora hopes to tap in to the rapid rise of electric vehicles, such as those produced by Tesla, which means demand for borates and lithium should continue to expand.