just the beginning Why The Lithium Boom Is Still In Its Early Stages
Nobody knows just how big the lithium market could be.
The market’s demand for longer lasting batteries in consumer electronics is insatiable, and increasing the use of lithium steadily.
Add to that an entirely new global industry—electric cars, which use many times more lithium per vehicle than electronics—and the scale has been tipped.
There is now a race by lithium battery producers (especially in China) and end-users like Tesla to secure a stable, long term supply of this essential metal. Metal hoarding and demand is driving up prices to $15,000 per tonne or higher on the spot market, vs. only $5,000 a couple years ago.
This surge in price and demand will deliver big profits for the companies who can get properly positioned
which ion is doing