There are many different ways to buy Lithium Stocks in the stock
market. You can buy the pure play lithium mining companies or buy the lithium battery stocks. Both of these
groups are less risky than a few years ago because Tesla (TSLA) is the largest buyer in the world. Tesla (TSLA) will
be producing millions of batteries per year 5-10 years down the road.
is Lithium? Lithium (LI) is a soft metal that is a good conductor for heat and electricity. The country of Chile
has the world's largest reserves as well as production. Argentina, Australia, and China are big as well but don't have
nearly the reserves of of Chile. What is lithium used for? Lithium is used for ceramics and glass as well as batteries.
Lithium is also used in Nuclear plants, medical devices, and is a treatment for people who are bipolar. Lithium-ion
batteries have been popular over the past decade. Tesla (TSLA) is producing loads of lithium batteries each day at their
Gigafactory in Nevada.
Lithium Battery Stocks
Lithium Stocks 2019 - Tesla (TSLA) - Tesla
is the top lithium stock in 2019 after rising over 30% last year. Tesla is the largest buyer of lithium in the world
and they will need a lot more to produce the millions of cars coming in the next few years. If you are looking to get
into Lithium, TSLA is probably the stock for you. Autonomous vehicles will cause a huge surge in demand between 2020-2025
so TSLA stock will be a huge winner.
Tesla will be building more large factory to produce Lithium-ion batteries.
These batteries will power their future line of cars, especially the Model 3 and Model Y which is planned for 2020.
More on Tesla batteries - To reduce the costs of lithium
ion battery packs, Tesla and key strategic partners including Panasonic build a gigafactory in Nevada that will facilitate
the production of a mass-market affordable vehicle, Model 3. By 2020, the gigafactory will produce more lithium ion cells
than all of the world’s combined output in 5 years ago. The gigafactory will also produce battery packs intended for
use in stationary storage, helping to improve robustness of the electrical grid, reduce energy costs for businesses and residences,
and provide a backup supply of power.
Tesla (TSLA) batteries and powerwall battery storage devices will be produce
here. Tesla is looking at other locations to build more gigafactories and they just broke ground in China.
If you are looking for a lithium pure play ETF, check out Global
X Lithium ETF (LIT) which is up 7% in 2019 so far
Chemical & Mining Co. of Chile Inc. (SQM) - Chemical & Mining Co. of Chile Inc. (SQM) produces
Lithium in Chile and is higher by 10% in 2019.