Chris Berry: Lithium and Cobalt are Hot, but Watch Nickel Too
Priscila Barrera - October 17th, 2017
Chris Berry of House Mountain Partners and the Disruptive Discoveries Journal shares his thoughts on the future of battery metals.
Optimism was running high at the recent Benchmark Mineral Intelligence Cathodes 2017 conference. The Investing News Network did not miss the chance to be there, and caught up with Chris Berry, founder of House Mountain Partners, to discuss the future of lithium, cobalt and nickel.
Speaking about lithium, he explained that if the market doesn’t see a steady flow of investment, the adoption of electric cars by consumers could be derailed.
For Berry, cobalt has been a bigger story than lithium in 2017 due to supply worries, the metal’s by-product nature and the questions surrounding future lithium-ion battery chemistry.
“Lithium became really interesting in late 2015 and 2016, but LME cobalt prices have seen an increase of almost 140 percent over the past months,” he said, adding that nickel will be the next battery metal of interest. Berry also explained why graphite has not received as much interest.
Watch the video above to hear more about Berry’s thoughts on the battery metals space and the future of electric cars.
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Securities Disclosure: I, Priscila Barrera, hold no direct investment interest in any company mentioned in this article.
Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.
