Tag: LIT
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Top Reasons to Invest in Oversold Lithium Stocks
Lithium stocks are now ridiculously oversold. And most are starting to bounce back. All thanks to increased demand for electric vehicles, and the same supply-demand issue the world has been facing for quite some time. Automakers are so concerned about supply for EV batteries, they’re racing to secure supply. For instance, Albemarle will deliver more than 100,000…
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Elon Musk Says Lithium Demand Will Continue to Pop
Lithium stocks could see higher highs. For one, demand shows no clear signs of slowing. In fact, Elon Musk just said, “I would really like to encourage, once again, entrepreneurs to enter the lithium refining business. You can’t lose. Lithium batteries are the new oil.” That being said, investors may want to keep an eye…
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Top Ways to Trade Booming Lithium Demand
Lithium prices could go ballistic. For one, there’s speculation President Biden could invoke a Cold War-era defense law this week to encourage domestic production of metals needed to make EV batteries. In fact, according to Bloomberg, the DPA would allow the government to use a $750 million Title III fund to help increase domestic production…
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The Top Ways to Trade the Electric Vehicle Metals Boom
The global push for electric vehicles is only accelerating. All as the world pushes for lower emissions. The U.S. for example just pledged to reduce emissions by up to 52%, which could provide a sizable boost to the EV industry. The UK just announced plans to stop the sale of diesel and gasoline vehicles by…