To The Moon

Far from the spotlight of $AAPL (Apple) or $AMZN Amazon.com Inc), there is an industry that is quietly gaining its way to the next industrial leader.

Why lithium ($LIT) will be so important?

• First a lithium-ion battery is a type of rechargeable battery already in widespread use thanks to smartphones and tablets.

Recently it's gaining ground in the automotive industry and the upside for lithium is significant for the next decade. Let's look it in detail:

- Lithium batterv is essential to the rise of electric vehicles (EVS) in an era where climate change will be a priority.

- Lithium is core for renewable energy storage - key element in the energy independence from fossil fuels.

- Joe Biden has just signed a $740 billion climate change, healthcare and tax 'Inflation Reduction Act' - including tax credits for electric vehicles and energy-efficient home improvements.

The Biden administration looks to cut the sale of gas-powered vehicles to 50% of all new purchases by 2030.

- Production of the battery metal is set to almost triple by 2025.

The average electric car uses over 5,000 times more lithium than a smartphone to power the vehicle's range.

Why $LIT?

• It is a high growth potential ETF with the American $ALB (Albemarle Corporation) and Chilean $SQM (Sociedad Quimica y Minera de Chile SA) as major flagships.

• It is a full package investment because it invests in companies throughout the lithium cycle, including mining, refinement and battery production, cutting across traditional sector and geographic definitions.

Hope this article could help to see this asset with renewed eyes.