We are going to need huge supply of lithium to meet the various lithium ion batteries denad in electrci vehicle, and other consumer applications. Have a look at how battery market shares will grow andd why lithium ion shares are the best investments!
You might have already heard about the recent ‘Lithium Boom!’. And that why you wonder what could be the best lithium mining company to invest in? But first what’s a lithium boom? What is it all about? Well, to understand that let me take you back to some history of where this all began.
EVs are better!
Now if you are aware of environmental issues, you might have heard of EVs or Electric Vehicles. Electric Vehicles are the nest big thing that the whole world is tending to prefer in future to battle with the environmental damage, air pollution and public health. Electric Vehicles are supposed to offer the better public health since they reduce the emissions that cause climate change, fog reducing the ecological damage. So, EVs are much better than the gas cars. It’s no surprise that they are becoming mainstream! Not satisfied? well, here are the Top 12 Reasons EVs are better than Gas Cars
[Source- Bloomberg]
So, What’s Lithium Boom?
Evs are going to be much in demand, that being justified what’s all about lithium booms and investing in lithium producing companies? Well, the “Game is lithium is the most important component of Evs, batteries and lot of consumer vehicles. Bloomberg predicts that EVs poroduction will be 100 times more than now by 2040. That being said, you can just imagine the supply required from the lithium mining companies in future. It’s predicted that to meet the demand the junior lithium mining companies will also play the Big Role. Some 2 or 3 years ago we saw spike in the meta’s value due to shortage of lithium compared to the production of EVs. The Cause of shortage was, lithium ion batteries were not just needed in the conventional laptop and mobile markets, but they had a new demand in electric vehicles market. Moreover, the demand for electric vehicles is not going to be less, rather it will be 100 times more that the current production. So, the we are going to need more lithium in future. And the major mining players like SQM, Albermale and FMC will have to supply enough of the lithium. But the truth is, these major companies can’t alone meet the new demand. so, where will that lithium come from? That’s where the junior mining companies come. The junior lithium companies like QMC ( Quantum Minerals Corp)are ready to meet the new demand and offer the best investment returns to their investors. So, the point is, There’s a huge ‘Lithium Boom due to Huge Lithium Demand!’. Investors have already made their fortunes that this commodity will pay back well in coming years
How to make most out of it?
If you invest in lithium now, you won’t be dissatisfied in 10 years coming. You can purchase the stocks from the best producers and explorers of lithium. Some of them are
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