The MiningNewsWire Podcast

The key component in making the indispensable lithium-ion battery is in exceedingly short supply, and competition to obtain the mineral has heated up. The race to acquire reliable, long-term lithium feedstocks has sparked a worldwide shift in procurement strategy. EV makers, battery producers, and strategic investment companies are now joint venturing, buying in or looking to acquire lithium miners. At least 12 lithium transactions have been closed between downstream manufacturers and mining companies since 2016, and in the years to come ever more supply agreements between manufacturers and miners are expected (http://nnw.fm/3ZUgR). Lithium mining stocks, especially junior miners, are liable to become outsized beneficiaries of the investment and acquisition spree that’s underway. Prospective junior miner, Lithium Chile (TSX-V: LITH) (OTCQB: LTMCF), which owns vast tracks of indicated lithium assets, is positioned to potentially be one of the largest beneficiaries in the space. Some look to the Global X Lithium & Battery Tech ETF (NYSE: LIT), but direct exposure junior miners is limited. Other lithium miners in the mix include American Lithium (TSX-V: LI) (OTCQB: LIACF), Nemaska Lithium, Inc. (TSX: NMX) and Orocobre Ltd. (ASX: ORE) (TSX: ORL).