April 30th, 2024
We were warned about this a decade ago.
The U.S. Department of Energy released a report highlighting critical materials playing a key role in the development of clean technology.
The report contained more than just projections though.
Don’t beat yourself up if it didn’t catch your eye at the time, most people ignored it completely, including Wall Street fat cats and hedge fund managers.
The main driver for lithium and other materials, like cobalt and rare earth elements, is electric vehicle sales which, in 2011, were just over 17,000 units… a drop of water in the ocean.
2016 brought a surge in lithium prices due to electric vehicles gaining popularity, but all good things must come to an end…
Or do they?
The real question to ask: Is this the bottom for lithium or the calm before the surge?
Since the surge in 2016 lithium prices has cooled down, many people wonder whether the lithium boom is dead, never to rise again.
However, if you had paid attention to the report released in 2011, you would know what we’re in store for.
Lithium prices have already started showing signs of life in 2019, but this is only the beginning.
A big reason lithium prices started to rise is U.S. electric vehicle sales soared 81%, but here’s the thing…
The United States is far from taking the lead in electric vehicle sales.
There is another behemoth that not only leads the world in electric vehicle sales but is also a world leader in the production of lithium.
And while electric vehicle sales climb around the world, the supply of critical rare earth materials is starting to dwindle, creating a very unique opportunity for investors privy to this information.
If you plan on making any money from lithium stocks in 2020, then you’ll want to pay attention.
Our latest report “Lithium Outlook 2020: Bottoming Prices Signal a Bullish Future” details the current state of the lithium market and where it is headed in 2020.
This investment report is 100% free and can be yours today.
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In addition to a breakdown of the current state of the lithium market and where it’s headed, our free report informs investors of an overlooked lithium play.
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