White House Backs More Domestic Lithium, Delighting Investors

Lithium is red-hot right now... Unsubscribe Will New Incentives for Domestically-Sourced Lithium Continue to Amp Up Investor Excitement? Lithium is red-hot right now... Lithium carbonate prices climbed to all-time highs in 2021, skyrocketing nearly 500%. However, our transition to clean energy has created a big problem. Lithium demand from the electric vehicle industry is growing at twice the rate of lithium production. Countries we need for our lithium supply - like China - could become increasingly protective of their own resources. Or just decide to cut us off for other reasons. It's particularly risky when a country you rely on is also your geopolitical foe. The EV megatrend has left the U.S. scrambling for lithium resources... So in 2021, the U.S. laid out a 10-year plan to incentivize more domestic mining ventures in an effort to gain sufficient raw materials for lithium EV batteries. See Who Could Benefit From the Flow of Money Into the "Mined in America" Lithium Sector Right Now

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