Another article on CNBC about Lithium supply deficit.

https://www.cnbc.com/2022/01/23/lithium-hits-record-amid-ev-boom-these-companies-could-be-the-winners.html?__source=sharebar%7Ctwitter&par=sharebar

Lithium hits record in EV boom, spurring a ‘land grab’ among miners. These stocks could be winners

PUBLISHED SUN, JAN 23 20227:01 AM EST

As auto companies race to develop electric vehicles, an opportunity for investors to cash in is emerging: the miners extracting the raw materials needed to fuel these cars and trucks.

“I just don’t see that there’s going to be enough supply of raw materials … and I think it’s going to be a massive bottleneck,” said Vance Brown, portfolio manager at Williams Jones Wealth Management. “Lithium is a vital, essential element… I would even go so far as to say it’s a new industrial revolution.”

Different combinations of minerals including lithium, nickel, graphite and cobalt are used to make electric vehicle batteries, but lithium is the constant across battery chemistries.