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Good News & Bad News, page-10783

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    Could This Be The Hottest Commodity Play Of 2021

    By Ruby Wexford - Feb 24, 2021, 5:00 PM CST
    Lithium-ion is about to take on a lot more significance.
    This is not about your iPhone anymore.
    It’s not even just about your electric vehicle.
    Lithium-ion batteries will power a large part of our world in the future and are now an important aspect of a multi-trillion-dollar energy transition.
    That makes the world’s handful of lithium producers now finally a hot item to own a piece of.
    It makes a lithium discovery about to be acquired by a junior like United Lithium the stuff that should Wall Street excited.
    It’s partial vindication for those lithium bugs who jumped the gun years ago by investing in lithium plays that never seemed to go anywhere. Everyone was talking about a looming lithium supply squeeze that never came.
    Well, now it’s closer. Those lithium bugs were just before their time.
 
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