4 ms·
ALB and SQM are two of the big boys. Can't say either is my favorite but I am long an upside butterfly on ALB. Not a fan of SQM because of nepotism and bribery
by totalZero 6y ago
ALB and SQM are two of the big boys. Can't say either is my favorite but I am long an upside butterfly on ALB. Not a fan of SQM because of nepotism and bribery at the top. Seems like a really underdeveloped sector. I don't think people realize how earth-shatteringly huge lithium is about to be.
- PhantomGremlin 6y agoI don't think people realize how earth-shatteringly huge lithium is about to be. I've previously heard the lithium story. I've also read that it doesn't take all that much lithium to build a EV battery. If it were that precious then they would be recycling the lithium from old batteries, but they aren't. And there are tons of new lithium supply just around the corner. I don't really know any of that for sure. Just a feeling I get from keeping not-so-close tabs on the industry.
- mcot2 6y agoNickel is a lot more of a limiting factor than Lithium. This is straight from the horses mouth (Elon). See the recent news about Indonesia. Elon is always a step or two ahead.