Market Alert: NOA Lithium Brines Insiders Seem Bullish with Recent Insider Buys; Lithium Demand Expected to Surge

By: Market News Alerts via Business Wire

March 19, 2025 at 10:03 AM EDT

Clean Elements bullish on NOA Lithium Brines* and increases position significantly; Lithium demand expected to surge to ~$16 billion as China leads explosive EV growth and technological breakthroughs reshape the sector

Market News Alerts Reports: Recent insider filings reveal that Clean Elements Ltd., led by Chairman Ofer Amir, has increased its position in NOA Lithium Brines Inc. (TSXV: NOAL)* through a market purchase completed on March 13, 2025.

In a recent interview published in The Finance Herald, Amir stated, "We continue to see tremendous value in NOA Lithium’s strategic position in Argentina’s Salta Province,” said Ofer Amir, Chairman of Clean Elements, in an exclusive interview. “With the completion of property acquisitions at Rio Grande and a world-class resource of 4.7 million tons of lithium carbonate equivalent, NOA has established itself as one of the most promising development-stage lithium companies in the highly coveted Lithium Triangle.”

The insider buying comes as lithium consumption is projected to grow at 15-25% annually through 2035, with market value expected to reach USD 16 billion in 2025. Industry forecasts project global lithium demand to more than double by 2030, requiring approximately 52 new lithium mines globally.

NOA's flagship Rio Grande project features a high lithium concentration of 525 mg/L in Argentina's Lithium Triangle. The company recently completed acquisition of all properties within this project, significantly de-risking its development pathway.

China continues to lead global EV growth, accounting for 86% of the increase in plug-in electric vehicle sales in 2024. BYD's new Super e-Platform, featuring flash-charge batteries with a 10 C charging multiplier, enables adding 400km of range in just 5 minutes.

With battery storage expected to represent 15-25% of total lithium demand, and development timelines for new lithium mines typically taking 16 years, NOA's advancing projects in Argentina are well-positioned for the anticipated supply deficit by decade's end.

News Highlights from NOA Lithium:

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