Top 5 Lithium Miners To Consider
Source: Seeking Alpha
By: Matt Bohlsen
Why invest in a lithium miner?
- Lithium mining is a leading industry supporting three separate billion dollar industries - smartphones, electric vehicles and energy storage.
- China's lithium-ion battery production tripled in 2015.
- With 12 lithium ion battery "mega factories" set to come on line (or expand) by 2020 (including Panasonic (OTCPK:PCRFY), Tesla (NASDAQ:TSLA), LG Chem (OTC:LGCLF), Samsung SDI (OTC:SSDIY), Byd (OTCPK:BYDDF), Foxconn (OTC:FXCOF), and Boston Power), according to Benchmark Mineral Intelligence (and 7 of those in China), owning more of the supply chain makes a great deal of strategic sense.
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