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 2015 - Tesla Motors (TSLA)
- Tesla is the top lithium stock in 2015 after rising over 300% in the past few years. 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 $170.
building a huge 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. The Model S & Model X batteries are built here
The 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 2015 aside from Tesla
(TSLA) is Energizer Holdings, Inc (ENR). Energizer lithium batteries are very popular and the stock
is up 6% so far in 2015. If you are looking for a lithium pure play ETF, check out Global X Lithium ETF (LIT).
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