Lithium: More Than Bath Salts and Mineral Water

In 1930, the only markets for lithium were mineral water and Lithia effervescing tablets for rheumatism. Big deal. Today, lithium is so critical for batteries in electric vehicles and personal electronics that recent headlines compel even the risk adverse to call their investment broker: “An increasingly precious metal” (The Economist), “A bold approach in commodities pays off” (Wall Street Journal), or “Hailed as the New Petroleum,” (Forbes). Lithium is so hot, REAP has to write about it again. Tesla isn’t the only firm producing lithium-ion batteries in a gigafactory. So is LG, Samsung and Panasonic. See, lithium batteries are the [...]