Here’s Why It’s Time to Aggressively Invest in Lithium Again

The lithium story is getting explosive – again.

For one, lithium remains one of the most strategically important commodities for the global shift to electrification, clean energy, and energy storage.

Unfortunately, lithium is shifting from over-supply to a tight deficit again.

In fact, as noted by Seeking Alpha:

“Industry forecasts continue to point to lithium demand more than doubling by the end of the decade, with 2026 shaping up as a key inflection year where demand growth clearly outpaces new supply. Several higher-cost producers have slowed production or paused expansions, while permitting timelines and capital discipline are keeping new mines from coming online as quickly as once expected. As a result, analysts increasingly expect the lithium market to move from surplus toward deficit starting in 2026.”

At the same time, demand for lithium is only rising, as supply falls thanks to lower mine activity.

All of which is creating substantial opportunities for related lithium stocks, such as NOA Lithium Brines Inc. (TSXV: NOAL), which controls a unique, high-grade lithium resource in Argentina.

NOA Lithium’s Flagship Project Holds 4.7 Million Tonnes of Lithium Carbonate

The company’s flagship Rio Grande project hosts 4.7 million tonnes of lithium carbonate equivalent at average grade above 500 mg/L, making it one of the highest-concentration brine resources still to be developed in the region.

It should be noted that very few lithium brine projects in this region remain undeveloped with high concentrations and clean ownership.

In addition, a completed PEA already outlines project economics at Rio Grande that could be worth over $2 billion for a single train of 20,000 tonnes production or as much as $3.8 billion at full capacity of 40,000 tonnes per year.

And the project has no offtakes, royalties or legacy constraints.

In other words, NOA Lithium Brines offers investors access to one of the last high-grade undeveloped projects in the famous Lithium Triangle.

And yet, despite all of that, NOA Lithium Brines currently trades at a valuation of around just C$70 million, handing investors a unique opportunity.

In fact, consider this.

With a growing supply-demand issue, NOA Lithium holds millions of tonnes of needed lithium. Yet, its stock trades at just a small fraction of comparable lithium brine developers in Argentina. In fact, other developers command valuations three to four times higher, often with lower grades and smaller lithium resources.

For example, Lithium Chile controls a lower-grade brine resource of around four million tonnes in Argentina’s Lithium Triangle.

It’s a smaller resource than NOA Lithium Brines’ Rio Grande project.

It also has lower concentrations that limit its development to Direct Lithium Extraction (DLE) technologies only, with no possibility to use commercially proven evaporation process like the case of NOA Lithium. Yet that company is reportedly under acquisition discussions valuing an 80% stake at $175 million USD.

That’s three to four times NOA Lithium Brine’s entire market cap. Yet, NOA Lithium Brines has higher grades, a larger resource, and a completed PEA with billion-dollar economics.

Moving forward, there’s even more opportunity.

NOA is targeting to complete Rio Grande’s Pre-Feasibility Study before year-end 2026. That’s a significant de-risking milestone.

The PFS will add another layer of technical and economic detail to the project, including more refined capital cost estimates, updated resource models, and more detailed engineering work. For investors, it’s the next validation point that moves Rio Grande closer to development-ready status, and a potential higher valuation for the Rio Grande project and NOA Lithium.

The production target is 2030.

Between now and then, the catalysts to watch are PFS completion, potential strategic partnerships, and broader market recognition of the valuation gap we’ve outlined.

Each milestone brings Rio Grande closer to the kind of project that attracts serious development capital…and narrows the disconnect between what this asset is worth on paper and what the market is currently paying for it.

In short…

Lithium is once again approaching a structural inflection point—where accelerating demand collides with constrained supply and limited new project development.

History shows that when this happens, capital flows quickly toward high-quality, de-risked assets with scale, grade, and clear development – all of which NOA Lithium Brines fits.

With a multi-million-tonne, high-grade flagship project, billion-dollar PEA economics, and a market valuation that remains a fraction of comparable peers, NOA offers a “valuation disconnect” opportunity. As the company advances toward its Pre-Feasibility Study, the market should recognize Rio Grande’s true strategic value, especially with the lithium supply-demand issue. Despite all of the opportunity, NOA Lithium Brines Inc. (TSXV: NOAL) trades at a fraction of comparable lithium stocks, with an undervalued market cap of about $60.5 million.

But we don’t expect for that to be the case for long, especially with NOA Lithium Brines’ potential to deliver life-changing returns for investors.