Lithium decreased to 108.41 USD

Lithium  | Data | Chart | Calendar | Forecast | News

BUZ INVESTORS Lithium decreased to 108.41 USD on Thursday June 15 from 110.31 USD in the previous trading day. Historically, Lithium reached an all time high of 111.57 in May of 2017 and a record low of 62.79 in February of 2016.

Demand for lithium is soaring thanks to battery demand. And interest in the industrial metal has never been higher.

But, before investing you MUST know this: Not all lithium is created equal.

Savvy lithium investors know that it’s the quality of the lithium procured, not just the quantity that will mint the biggest fortunes.

Unfortunately, most lithium miners are sitting on low-grade finds. Their investors will find out the hard way that higher production costs will greatly offset profits.

Investing in lithium isn’t as easy as investing in silver or gold as the commodity doesn’t trade in the commodities or futures market.

To participate in the lithium supply squeeze, investors have no choice but to buy shares of the explorers and producers. But to win big, they must be sure to buy the right ones.

There’s one company that appears to check all of the lithium boxes off. It’s sitting on the highest-grade lithium brine resource in the world. Plus, it’s about to double its land position in Chile, the most lithium rich area in the world.

And in July, Bearing Resources Ltd. (TSX: BRZ.VOTC: BRGRF) plans to close the transaction to acquire the world’s highest-grade undeveloped lithium project.

Lithium decreased

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Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
2017 96.85 99.02 99.74 105.96 108.20 110.34
2016 65.83 74.70 80.24 83.81 88.99 90.35 89.78 88.83 86.99 87.37 91.45

Lithium

Lithium a silver-white metal. In normal conditions it’s the lightest metal, however it’s highly reactive and flammable. It’s used in ceramics, heat-resistant glass and lithium batteries. This ETF tracks the performance of the lithium industry. As of 2014 the leading countries in the extraction of lithium are: Australia, Chile and China. This page includes a chart with historical data for Lithium. Lithium – actual data, historical chart and calendar of releases – was last updated on June of 2017.

 

Actual Previous Highest Lowest Dates Unit Frequency
108.41 110.31 111.57 62.79 2016 – 2017 USD Daily
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Jadtecnic

Richard Dambrosi (JADTECNIC) Has Been Sharing FOREX INVESTORS ANALYSIS FORECAST since 2011. Editors and Founder of InvestorsBuz.com, has a passion for Forex Social Sharing analysis and Market Trends Such as Self Driving Cars, Electric Cars, Medical Marijuana, 3d printing and Cloud computing, Refers to Readers as BUZ INVESTORS.

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