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.
|108.41||110.31||111.57||62.79||2016 – 2017||USD||Daily|