@Impetuous it's not a complicated answer but the fact is...

@Impetuous it's not a complicated answer but the fact is Lithium is at the heart of most variants of either EV batteries or battery storage. At the moment you can have a lithium battery with nickel and cobalt as key ingredients but you can also have an LFP battery- no nickel or cobalt but iron phosphate- even solid state batteries which are " being developed " require the common denominator- Lithium. Lithium is light which is critical when weight is a consideration. Also Lithium is at the heart of the supply chain worldwide so now it would take years for an alternative to replace it. LTR management knows this and has stated it clearly- they do not see a viable alternative to Lithium. it would take more than a decade for an alternative to become main stream- billions has been spent over the last 40 years across the globe on Lithium based batteries - think phones, watches, gadgets, cars, off grid storage etc etc...it ain't changing any time soon. The demand is insatiable now as EV's become mainstream the demand will exponentially increase. LTR is in pole position to exploit the surging demand for more than 20 years. As others have said - a cash printing machine. DYOR