Imagine the batteries in your smartphone or your friend’s electric scooter. They’re likely powered by lithium, a lightweight metal that’s crucial for making rechargeable lithium-ion batteries. These batteries are everywhere these days – in phones, laptops, electric cars, and even some renewable energy storage systems. So, the companies that mine lithium and process it into a form that can be used in batteries make up what we call the “lithium sector”.
Now, when we say “lithium stocks“, we’re talking about shares of these lithium mining and processing companies that you can buy on the stock market. When you buy these stocks, you’re basically betting that the demand for lithium will keep growing. And thus the company’s profits will grow, and so will the price of your stocks.
Lithium Stocks To Buy [Or Avoid] Now
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