Faster, Lithium, Faster!

I’ll keep this short and sweet. If you’re not investing in battery metals right now, you’re probably not doing it right.

By battery metals, I mean the metals making the wheels of the electric vehicle (EV) revolution spin round and round. Lithium, sure. But also nickel, cobalt, manganese and copper. And graphite, too — even though it’s not a metal, it’s used in EV batteries.

Today, we’ll just talk about lithium. Prices for the metal have been on a tear this year as demand ramped up.


 

In July, I wrote about how the EV revolution was accelerating demand for lithium. I added to my forecast earlier this month, explaining how the supply/demand squeeze was only going to get tighter.

Now guess what? The latest news should shift lithium prices into overdrive.

•  Global demand for EVs surged by more than 150% in the first half of the year! Analysts are racing to yank their forecasts for coming years even higher!

•  Now, the world’s biggest lithium producer — Sociedad Quimica y Minera de Chile (NYSE: SQM) — just published an eye-popping forecast. The company says demand for lithium could increase more than 40% this year. Last year, total global demand was 47,300 metric tons!

•  What’s more, SQM expects demand to ramp up … and up … and up. “We now believe that total global demand could surprise 1 million tons in 2025,” SQM said in its earnings release. That is wild, because the HIGHEST previous projection was for only 839,000 metric tons of demand by 2025.

To be sure, not everyone is that bullish. On Monday, Bank of America (NYSE: BAC) analysts said a large uptick in global supply is coming “at some point.” Bank of America added that 2022 production could potentially double 2021 production.

You know what? That’s great! I want MORE people to be bearish. That gives the rest of us more time to add positions for when the blast-off comes.

My previous recommendation for the public was Global X Lithium ETF (NYSE: LIT). It’s doing nicely. I’ll save my single-stock recommendations for my premium subscribers.

EXCEPT, I am doing a virtual presentation on energy metals for The MoneyShow on Aug. 24! And you can register to attend for FREE!

My presentation is called “The Coming Goldrush in Battery Metals.” I’ll take a deep dive into the forces driving this massive megatrend and offer up some choice picks. To find out more, CLICK HERE.

I hope you can attend. The future of battery metals is awesome. And the profits could be extraordinary.

All the best,

Sean

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