Lithium Mining and Exploration Potential, highlighting GRYO Stock, Gryphon Resources Company.

 

You probably have a cell phone at home. Have you ever wondered what powers it? Surely you already know. It's a Lithium battery. Billions of cell phones are manufactured every year and most of them function with a Lithium battery as well as tablets such as the iPad, video cameras, digital photo cameras. On the other side of the spectrum... electric cars such as Tesla and many others also use Lithium batteries. The demand is there and it's growing at a disturbing rate!

.A briefing about GRYO - Gryphon Resources is a mineral exploration company focused on the development of lithium resources in the Southwestern United States. The company’s key objective is to develop a world-class lithium project in the state of Arizona that will capitalize on surging demand for lithium-ion.

Gryphon´s primary asset is currently the mineral exploration rights to a 640 acre parcel of property in western Arizona referred to as the L.G. Properties. This property has the potential for discovery of large volumes of brine containing economic concentrations of lithium. GRYO announced that it has acquiring 11 properties in Arizona. GRYO is looking for Lithium which has been branded the next 'black gold'! GRYO is a mineral company,and currently focused on finding Lithium and quite possibly are onto something BIG here! China and India are stockpiling Lithium, which is considered a clean energy, and GRYO stock was up 66% on 'Black Friday'. They are definitely a company to keep an eye on. With their recent property purchases in Arizona a series of good paying job opportunities may show up in a region that could use it.

 

 Lithium has a remarkably diverse range of uses, depending on the form in which it is produced. The major use categories are, glass and ceramics, aluminum alloy, greases and batteries. Gryphon considers the battery market, primarily for hybrid and electric vehicles and as storage batteries for wind and solar energy plants, as its target market.Lithium ion batteries have become the rechargeable battery of choice for the makers of cell phones, laptop computers, shavers, power tools, and hybrid cars. The real revolution is the global demand for environmentally friendly plug-in electric cars. The lithium-ion battery advantage is obvious over its competitor, nickel metal hydride. Lithium-based batteries are the best in every category such as energy density, longer life faster re-charge, no 'memory' effect (charge it up no matter the level of the current charge)and is a battery for all seasons (it operates down to temperatures of -60C).