https://hannahritchie.substack.com/p/lithium-electric-vehicles https://www.cmegroup.com/education/lessons/hedging-with-lithium-futures.html Is it the new gold?
IMO when volume picks up it can be an interesting market with large possible hedging needs across the globe but the question is if and when....
If the petro to electro transition is laid down as currently appears to be the case, and if portable electro storage is not majorly improved, then the planet's proven lithium reserves have not been shown to be capable of fulfilling the demand for the volume of vehicles the petro model served for 50 years. supply meets DEMAND = very interesting tradable.
I invested in several lithium mining stocks back in October 2020 and doing quite well, particularly with ALB (+132%) and SQM (+110%). The others are LTH, JCI and PLL.