Commodity conference in Vancouver as a guide
Around 350 companies, 60 keynote speakers and thousands of investors meet here in Vancouver to present themselves. So the global mining industry sees how high the interest is and the mood at the fair. But things are not looking bad this time and raw materials such as lithium and cannabis - whose importance has grown considerably recently - are the focus of attention.
All the more so since cannabis was legalized in Canada in October 2018. While cannabis was previously prescribed and given to the seriously ill in special cannabis clinics, the legalization is an enormous step for producers and distributors of cannabis. A shortage of supply is expected.
Quality is our top priority. RavenQuest BioMed - https://www.commodity-tv.net/c/search_adv/?v=298788 - is a company that not only produces cannabis, but also provides comprehensive management and consulting solutions for companies and maintains a research partnership with McGill University, Canada. 80 percent of the production expected for 2019 has already been sold.
Lithium, a battery metal needed for electric mobility, is a raw material that has also gained in importance in recent years. Even though lithium prices in 2018 have tended to fall, experts believe that a bottom is in sight. According to Roskill's analysts, the demand for lithium is expected to increase by at least 21 percent annually over the next few years.
The largest lithium deposits are found in the lithium triangle, which also includes Argentina. Here Millennial Lithium - https://www.commodity-tv.net/c/search_adv/?v=298600- owns about 20,000 hectares of best lithium land, spread over two advanced projects. Tests have already shown the best battery quality.
Current corporate information and press releases from RavenQuest BioMed (https://www.resource-capital.ch/en/companies/ravenquest-biomed-inc.html) and Millennial Lithium (https://www.resource-capital.ch/en/companies/millennial-lithium-corp.html).
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