Are Canadian lithium stocks a good investment?

In Canada, we’re low on the scale, with only 2.5% of the world’s total lithium reserves. However, although headquartered here, many of the Canadian stocks on this list produce and explore lithium internationally. Low reserves here aren’t an issue if you’re considering investing in lithium stocks. Lets dig into some of the best.

What is happening in the lithium market?

The lithium market is at the forefront of transformative global trends, driven by the growth of EVs, advanced deployment of energy storage systems, and the further deployment of clean energy technologies.

What is standard Lithium?

Standard Lithium is a unique play in the lithium space, focusing on extracting lithium from brine using Direct Lithium Extraction (DLE) technology. The company’s flagship project, the Lanxess Project in Arkansas, aims to revolutionize lithium production with a more efficient and sustainable process.

Why is lithium a big investment?

Interest in lithium has surged, driving a substantial increase in financial investment in the industry. This is primarily due to the automotive sector’s rush to fulfill the demand for electric vehicles (EVs) as the world shifts to more greener forms of travel and energy usage.

What is a lithium supply indicator?

Supply Indicator: The production and refinement of lithium into usable forms, such as lithium carbonate, are pivotal to price determination. The model incorporates historical global production data to track trends in lithium mining and extraction.

How many lithium-ion batteries will we need in 2030?

Lithium-ion batteries are the most-used type of batteries for EVs and stationary energy storage facilities. The estimates vary wildly, but by 2030, we will need more than 3 million metric tons of lithium. With more and more people adopting electric vehicles and other electronics post-pandemic, I’d be betting on the larger end of estimates.