The New “Gold”?
As countries start moving from gas-powered vehicles to electric vehicles, the demand for lithium will soar even more than it is now.
Currently, the Earth isn’t short on Lithium, but Lithium miners are having a hard time keeping up with current demand.
In this interview with CEO of Benchmark Mineral Intelligence, Simon Moores, he explains while current prices are surging, he believe in the long-run as supply begins to keep up, prices will stabilize.
As far as we can see, Lithium is playing out to be the new “gold” of the new economy.