Electric lorries (EV) are expanding quickly, challenging the standard gasoline lorry market.
Within the EV industry, lithium is one of the most crucial metals, said Chris Berry, head of state of House Mountain Allies.
Talking To David Lin, anchor for Kitco Information, Berry said that "the reasons why [lithium] is growing so quickly and that investors are acquiring it is because it's possibly the one battery steel, the only battery metal, that is really not substitutable."
Need for lithium is expected to grow at a compound yearly price of 20% from now till 2030, Berry said.
But will it be as important as oil in the coming years?
Adhere To David Lin on Twitter: @davidlin_TV ()
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