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3 Lithium Stocks That Are Getting Ready to Charge

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Lithium stocks have been some of the most volatile in 2021. One reason for this is their use in the production of lithium-ion batteries, which remain the dominant battery style for electric vehicles (EVs). However, for a number of reasons, including the global chip shortage, the EV revolution is stalled.

But in addition to semiconductor chips, this is an industry that will need lithium. And since lithium is used for a variety of electronic devices including the batteries in our smartphones, demand should remain strong. According to Statista, demand for lithium will reach 820,000 tons in the next few years; that’s approximately double its current level.

But getting there won’t be easy. Lithium is the 33rd most abundant element in the world. However, mining it in a cost-effective manner is a challenge. In this article, we’ll look at three companies that are at the forefront of this sector and have proven abilities to bring lithium........

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