I am not sure if everyone understands but this shortage in raw materials to manufacture batteries is not going away. The high price for Lithium is here to stay - hold - accumulate - buy , once in a life time opportunity to become financially free!!!!
Lithium price surge sends battery makers scrambling for supply
Staff reporter, Shanghai; Yusin Hu, DIGITIMESMonday 25 October 2021
Lithium carbonate prices in China rose to 182.500 yuan per tonne in October, the highest on record due to tight supply and stable battery demand. Prices for the silvery-white metal, which is a key ingredient to power electric vehicles, skyrocketed over the past year, as automakers and battery manufacturers race to secure supplies amid a global push for less-polluting energy sources. In addition, demand continued to rebound as the economies recover from the COVID-19 pandemic hit.
ORE Price at posting:
$9.46 Sentiment: Buy Disclosure: Held
