ESS demand to pull the #lithium market into deficit $NILI.v $NILIF

China ends EV subsidies after decade of support Article via Perplexity: perplexity.ai/page/china-end… $NILI.v $NILIF #Lithium

Surge Completes 2025 Infill Drill Program; Consistently Intersects Thick Zones of High-Potential Lithium Claystone 🔗 Full News Release: bit.ly/47jVDZK (🇨🇦 $NILI.v | 🇺🇸 $NILIF | 🇩🇪 DJ5C) #Lithium #Mining #Energy #Nevada #BatteryMaterials

G7 Breakthrough: New Investments to Secure Critical Mineral Supply Chains Canada’s allies (US, Japan +) commit to partnerships countering China’s 80% grip on rare earth processing (USGS). Lithium, REEs vital for EVs, AI, defense. $NILI.v $NILIF #CriticalMinerals #Lithium

The U.S. is dangerously exposed on critical minerals—China mines ~70% and refines ~90% of the world’s supply. That’s a strategic chokehold on tech, defense, and energy future. Treasury Secretary Scott Bessent America First means: ✅Taking ownership stakes in U.S. miners like $LAC ✅Setting

Latest forecast from J.P. Morgan signals a major shift for the lithium market. Energy Storage Systems (ESS) demand is accelerating faster than expected — up 50% YTD and projected to rise another 43% in 2026, driving lithium back into deficit by 2026. As grid-scale storage expands

Demand for #BESS grew more than 50% in 2024! $NILI.v $NILIF

Energy storage demand to grow by 50% to 70% in 2026, which will continue to push #lithium salts higher (S&P Global) $NILI.v $NILIF

Battery demand keeps accelerating — and the biggest capital flows say it all. At Benchmark Mineral Intelligence 2025, #ESS dominated global funding with $10.3B, split 67% debt / 33% equity — showing institutional confidence in long-duration storage. Yet upstream mining received just $1.8B.

A new bipartisan Congressional report confirms China has manipulated global lithium markets for years — suppressing prices and blocking U.S. supply-chain growth. selectcommitteeontheccp.house.gov/media/press-re… This is why America needs domestic lithium. Surge Battery Metals Nevada North Lithium Project is

Surge Announces Update on Proposed Joint Venture with Evolution Mining Limited 🔗 Full News Release: bit.ly/3XJKRpM (🇨🇦 $NILI.v | 🇺🇸 $NILIF | 🇩🇪 DJ5C) #Lithium #Mining #Energy #Nevada #BatteryMaterials

Lithium carbonate spot price hits $13,069/t today (+0.81% daily, +21% monthly) — highest since June 2024 and +27% YTD after touching ~$10k earlier this month. The rebound is here. Supply crunch loading for 2028-30 $NILI.v $NILIF

Surge Battery Metals continues to demonstrate why disciplined fundamentals eventually win. High-grade resource, top-tier PEA economics, and a catalyst-rich runway — the kind of setup where momentum has room to build. $NILI.v $NILIF

Surge Announces Finalization of Terms of Joint Venture with Evolution Mining Limited 🔗 Full News Release: bit.ly/4puV9pz (🇨🇦 $NILI.v | 🇺🇸 $NILIF | 🇩🇪 DJ5C) #Lithium #Mining #Energy #Nevada #BatteryMaterials

With an after-tax NPV of US$9.17B and 8.65 Mt LCE at 2,955 ppm Li, the Nevada North Lithium Project now has the capital and partnership strength to advance into Pre-Feasibility and further de-risk this Tier-1 U.S. asset. $NILI.v $NILIF

Lithium prices continue to rebound — and the trend is intact. Battery-grade Li₂CO₃: $13,151/t (+28% YTD) 6% Spodumene: $1,126/t (+38% YTD) The brief futures-driven pullback has fully normalized, with spot markets firming again. This aligns with 3L Capital outlook showing

Dec 01, 2025 Lithium Carbonate 99.5% Min China Spot Price: $13,304.29 1 day: $+84.61 (0.64%) 📈 YTD: +29.70% Spodumene Concentrate (6%, CIF China) Price: $1,190.00 1 day: $+40.00 (3.48%) 📈 YTD: +45.83% $NILI.v $NILIF

Surge Announces Entering into Joint Venture with Evolution Mining Limited "Surge is very pleased to have concluded the definitive agreements to formally establish the joint venture with Evolution Mining on the NNLP. This marks a major milestone in advancing one of the most

A quick clarification on the Evolution Mining JV that closed this week: - ZERO dilution for $NILIF / $NILI.v shareholders - No new shares issued – ever – under this structure We are simply combining existing assets into one JV entity: • Surge contributes its 100% NNLP