|
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
One of the Top Lithium Battery Stocks in 2012 and heading into
2013 will be A123 Systems (AONE). AONE stock has been in a huge downtrend since It's IPO but the company
continues to invest in technology. Whether A123 Systems will ever be successful or not is still unclear, but AONE is
a stock to watch for sure. 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),
Ener1, Inc. (HEVV), Advanced Battery Technologies, Inc. (ABAT), China BAK Battery, Inc. (CBAK), Lithium
Technology Corp. (LTHU)
|