China’s race to corner the market could ignite another big lithium rally!
Over the past 30 years, lithium has become a prized resource. It’s a vital component of batteries that power you phone, laptop and Electric Vehicles (EVs). So, it’s no wonder why China is trying to corner the entire lithium market!
10 of the last 20 major lithium mines put up for sale were bought by China. Committing $12.3 billion to secure these prized assets in North America, South America, Africa, and even Australia.
Why? Well, there are a few reasons…