Lithium the Anti-Oil Investment

Lithium the Anti-Oil Investment

May 5, 2022

Russian sanctions should push lithium prices higher.

What's coming up: Livent boosts investments in Argentina to triple production to 60,000 tons per year. Piedmont Lithium prepares to open a second lithium hydroxide plant.

By the numbers: Projected capital costs for the plant are $572 million. The PEA projected an estimated net present value of $2.25 billion and an internal rate of return of 33%.

What they're saying: “2021 was a transformative year for electrification in the United States,” said Piedmont President and CEO Keith Phillips.

Why it matters: Battery manufacturing capacity now exceeds 500 gigawatt-hours (“GWh”) in current and forecasted projections. Over $25 billion in capital investments have been publicly announced to take place by 2025. New battery plants will rapidly drive demand for these input commodities higher and reinforce the need to boost domestic supply chain.

Looking for more options on investing in electric vehicles? Check out lithium LAC, LTHM, LIT

Source: Latin Finance, Investing.com

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© 2024 Olive Advisors Inc. All Rights Reserved.

By using this website, you accept and agree to Olive's Terms of Use and Privacy Policy. Olive's investment advisory services are available only to residents of the United States in jurisdictions where Olive is registered. Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities or investment products. Past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections are hypothetical in nature and may not reflect actual future performance. Account holdings and other information provided are for illustrative purposes only and are not to be considered investment recommendations. All performance information is shown for illustrative purposes only and excludes the impact of fees and taxes. The content on this website is for informational purposes only and does not constitute a comprehensive description of Olive's services. For more information information on risks associated with options, please see disclosures.

Information provided by Olive Advisors Inc. is for informational and general educational purposes only and is not tax or financial advice.

Contact Olive at support@oliveinvest.com. 31 Hudson Yards, New York, NY 10001

© 2024 Olive Advisors Inc. All Rights Reserved.

By using this website, you accept and agree to Olive's Terms of Use and Privacy Policy. Olive's investment advisory services are available only to residents of the United States in jurisdictions where Olive is registered. Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities or investment products. Past performance is no guarantee of future results. Any historical returns, expected returns, or probability projections are hypothetical in nature and may not reflect actual future performance. Account holdings and other information provided are for illustrative purposes only and are not to be considered investment recommendations. All performance information is shown for illustrative purposes only and excludes the impact of fees and taxes. The content on this website is for informational purposes only and does not constitute a comprehensive description of Olive's services. For more information information on risks associated with options, please see disclosures.

Information provided by Olive Advisors Inc. is for informational and general educational purposes only and is not tax or financial advice.

Contact Olive at support@oliveinvest.com. 31 Hudson Yards, New York, NY 10001