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
risky due to the unknowns of the future of lithium.
What 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.
Lithium Battery Stocks
Lithium Stocks 2014 - Tesla Motors (TSLA) - Tesla
is the top lithium stock in 2014 after rising over 300% last year. Tesla isn't a pure play in lithium but they are innovating
on lithium batteries that are powering their line of cars. If you are looking to get into Lithium, TSLA is probably
the stock for you. However, wait until the stock sees a correction below $130.
Tesla might build a battery
mega factory starting in 2015 to build Lithium-ion batteries.
More on Tesla batteries - The battery pack in the
Tesla Roadster is the result of innovative systems engineering and 20 years of advances in Lithium-ion cell technology. Tesla's
ingenious battery pack architecture enables world-class acceleration, safety, range, and reliability. The non-toxic pack is
built at Tesla’s Headquarters in Northern California.
pack weighs 990 pounds, stores 56 kWh of electric energy, and delivers up to 215 kW of electric power. Tesla battery packs
have the highest energy density in the industry. To achieve this energy density, Tesla starts with thousands of best-in-class
Lithium-ion cells and assembles them into a liquid-cooled battery pack, wrapped in a strong metal enclosure. The battery is
optimized for performance, safety, longevity, and cost.
One of the Top Lithium Battery Stocks in 2013 and heading into
2014 aside from Tesla (TSLA) is Energizer Holdings, Inc (ENR). Energizer lithium batteries are very popular and
the stock rallied 33% in 2013. If you are looking for a lithium pure plat ETF, check out Global X Lithium ETF (LIT).
The previous pure play on lithium was AONEQ but the company went bankrupt a few years ago. A123 Systems, Inc. (Nasdaq:AONE)
develops and manufactures advanced lithium ion batteries and battery systems for the transportation, electric grid services
and commercial markets. Headquartered in Massachusetts and founded in 2001, A123's proprietary nanoscale electrode technology
is built on initial developments from the Massachusetts Institute of Technology. Other Lithium Battery stocks include
Altair Nanotechnologies, Inc. (ALTI), Advanced Battery Technologies, Inc. (ABAT), China BAK
Battery, Inc. (CBAK), Lithium Technology Corp. (LTHU), Tesla Motors (TSLA)