How Countries on 3 Continents Are Challenging China's Lithium Monopoly It's no secret that the world's vehicle fleets are turning electric. What was once a novelty, EV's are becoming so commonplace that we rarely give them a second look. Think about how many electric vehicles you see on the road daily. Whether it's a Tesla, a Volvo Truck, a Dodge muscle car, or even Harley Davidson motorcycle, more and more battery powered vehicles hit the road every day. But with this surging demand comes a big problem. China controls 80% of the world's lithium, and that's the way they want it. This is not just an economic issue. It's a national security issue for many countries, as lithium is also needed for cell phones, laptops, and many defense applications. But now China's strangle-hold on this "white gold" may be coming to an end. An under-the-radar company has discovered what could be one of the largest stores of available lithium on the planet, and it has some very smart investors excited about this rare opportunity. Here's why this should be on your radar. |
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