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    lithium investing

    Electric cars put lithium miners on fast track

    Investing News Network
    Oct. 08, 2010 05:19PM PST
    Battery Metals Investing

    In the next 10 years, lithium output and demand is likely to double as automakers roll out hybrid and electric cars using lithium-ion batteries.

    In the next 10 years, lithium output and demand is likely to double as automakers roll out hybrid and electric cars using lithium-ion batteries.

    The press release is quoted as saying:

    But while lithium is fairly abundant, it is not easy to find a cost-effective deposit and process the highly reactive metal. That points to increased M&A activity for companies with promising reserves but only a distant chance of production.

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