Lithium's price has actually quadrupled considering that 2021.
The Biden management is spending $3 billion in the commodity, which is important to electrical cars and truck batteries.
According to Gianni Kovacevic, Director and Creator of LithiumBank Resources (TSX.V: LBNK), there is much possibility in lithium production.
Kovacevic spoke with David Lin, support and producer for Kitco Information.
Adhere To David Lin on Twitter: @davidlin_TV ()
Follow Kitco News on Twitter: @KitcoNewsNOW ()
Follow Gianni Kovacevic on Twitter: @GianniKov ()
0:00 – The lithium thesis
1:50 – Biden's $3 billion lithium investment
8:30 – Lithium cost performance
11:16 – EV business and also lithium mining
13:30 – 50% of united state cars be electric by 2030
18:14 – Lithium cost projection
#lithium #ElectricVehicle #mining
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