RE: IRR10 Feb 2021 11:51
February 10th, 2021
If you haven’t heard of the lithium bull by now, you’re behind the curve.
Lithium prices blew up, soaring from $5,000 per ton to as much as $25,000 on the spot market.
After a pullback last year, the way is clear for prices to soar again to unprecedented heights.
Investors won’t have another opportunity like this for years — if not decades — to come.
That’s why our research team names the six best stocks in this free report: "The 6 Lithium Stocks Every Investor Should Know."
Goldman Sachs is calling it “the new gasoline.”
Energy experts have dubbed it the "oil" of the future.
It’s a one-of-a-kind element, used in consumer electronics, computers, and communication — think everything from cell phones all the way up to electric vehicles... basically anything necessitating a compact, rechargeable power source.
And people want tons of it. The global lithium-ion battery market is expected to grow at a compound annual growth rate of 10.8% to reach $46.21 billion by 2022.
Lithium demand is going to far exceed production in the very near future and that’s led to a major jump in prices.
Indeed, global lithium demand is set to rise to more than 260,000 tons by 2021.
But supply figures look to be less than 238,000 tons.
The shortfall is obvious.
That’s why lithium stocks have been soaring. In many cases, they’ve posted triple-digit gains.