With electric cars becoming more and more popular and available to the average consumer now is the time to invest in what powers these cars: Lithium.
As the demand for lithium-ion batteries that power electric vehicles rise, lithium will become more scarce and valuable.
If you are looking to invest in this market while you still can, I think a promising Canadian company is AmmPower ( $AMMP.cn $AMMPF FRA: 601A)
$AMMP owns one of the richest spodumene lithium deposits in North America (Whabouchi South lithium exploration property) and holds an option over the Titan Property located in Northwestern Ontario.
One of the only threats to the future profitability of lithium is the discovery and/or innovation of other carbon-free gas alternatives
AmmPower is not only invested in lithium but they are also trying to create 100% carbon-free blue and green ammonia.
This ammonia could become a competitor (or potentially complement) to lithium as a sustainable energy source in the future
Therefore, I see investing in $AMMP as a way to maximize potential benefit and minimize potential risk when investing in the lithium and general green energy market
This is a great video from Goldman Sacs explaining the future of lithium (potential gains and risks). You can check it out here: https://www.youtube.com/watch?v=gkMN8CN9OBY