Bradda Head Holdings Ltd is no stranger to AIM having previously joined as Copper Development Corporation in December 2010 and then after it sold its assets it became Life Science Developments but lost its quotation in 2017. The new focus is lithium.
The attraction of Bradda Head is that its projects are in the US, making it less risky than other lithium companies. Demand for batteries will continue to increase and new lithium supply will be required to satisfy that growing demand.
The projects the company has are near to existing or potential battery manufacturing facilities. There are forecasts that battery grade lithium concentrate could cost $12,000/t by 2025.
However, no lithium clay projects have gone into commercial production so there is no certainty that the lithium prod...