Compelling opportunity, page-36

Several years back (when AGY was pushing 40 cents and then GLN pushed 70 cents) Lithium stocks were going crazy. ORE was up around $7.50.

This was all based on the electric vehicle hype. Frankly, the excitement peaked early.
I wrote a blog article back in 2017 https://jwpm.com.au/industrial-marketing-blog/lithium-a-case-of-a-salt-and-battery

In that article is a link to a YouTube presentation where a respected industry commentator was...

forecasting Lithium will reach USD$100,000 a tonne.

That was all happening back in 2017 - so what happened?

Two things happened...

1. The hype came too strong, too early.
2. The car industry takes 3 to 5 years to design and gear-up for a new model.

So, the growth in demand is underway - just rolling out a bit later and at a more sensible pace.
But we are reaching the in flexion point on the exponential demand curve. Things could get exciting pretty quick.

In the back of everyone's mind is the idea that a better battery technology will be invented. But, Lithium has a couple of unique properties that make it hard to beat...

1. It's very light - number 3 on the periodic table. A block of Lithium metal would float on water like balsa wood (but, it would explode first - pure Lithium is highly reactive with water).
2. Its chemical properties in battery chemistry deliver the highest performance for energy density, stability and manufacturability.

Even if there was a major battery break through that doesn't use Lithium - it would be 10 years before it was commercially a threat.
Most of the development effort is going into squeezing more performance out of Lithium not looking to find something better.

Lithium is it for the foreseeable future.

IMO