Many minerals make up a EV battery. Lithium in reality does not alter the cost much. Read an article on the myths of lithium. If Lithium increases in price by 50%in reality The battery will only go up in price by 4%. So heaps of room for other metals to make money from batteries.
Likely why the big ones like RIO have not bothered getting big in Lithium.
i do hold some Lithium stocks however.
I think it’s only a matter of time before RDM makes a decent strike.
Many minerals make up a EV battery. Lithium in reality does not...
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