NetworkNewsBreaks – Marifil Mines Ltd. (TSX.V: M
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Vancouver-based mineral exploration company Marifil Mines (TSX.V: MFM) (OTCQB: MFMLF) is poised to profit as the electric vehicle (“EV”) market continues to surge. An article discussing the company reads: “The world’s appetite for battery-powered vehicles shows no sign of abating as major automakers announce plans to launch more than 400 models of electric vehicles (“EV”) by 2025, a report by Frost & Sullivan states (http://nnw.fm/O5dOc). Global EV sales are expected to grow at a compound annual growth rate of 11 percent between 2017 and 2022, when the industry could be worth almost $128 billion, according to BCC Research (http://nnw.fm/VA57o). Fueling these electric vehicles, and many of the mobile devices enjoyed by consumers, are lithium-ion batteries.”
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