subject: Lithium, Potentially Lucrative For Investment Purpose [print this page] Lithium is the remarkable light metal that is highly reactive. A vital material, lithium was used in creating the first atomic bomb in the year 1940. This particular metal has various other usages as well. Lithium ion batteries are the major product that provides power to various electronic things, which is portable such as iPods, laptops, cell phones, and PDAs. Now lithium Ion batteries are also used for powering the new emerging product category of the electronic vehicles such as scooters and bicycles. It is predicted that with the increase in demand of vehicle batteries the demand for Lithium would also increase.
Thus, it is a well-known fact that lithium is one of the most common elements used all over the world. The only problem lies in the limited availability of the metal. Lithium is such a metal, which is discovered only in a few places. In the investment market, lithium is the most tempting product for investors who can make some money with the growing demand of energy efficient technologies. Lithium batteries are more resourceful and this particular quality of the metal is causing it to be high in demand among the automobile and electronic industries. It has the ability to amass electric energy more efficiently than any other material.
Lithiums limited supply is the alluring factor, as this metal becomes potentially lucrative for investment purpose. If you are thinking of Investing in lithium , there are various options in the market such as lithium stocks, funds, and ETFs. Investors can put money on several companies, which are engaged in lithium production. The most important factor is that investors can also purchase lithium ETF as it offers exposure to the various commodity producers. Exchange traded product is the most proficient way to gain access to lithium.
The Global X Lithium ETF is one of the most targeted products, which offers investors an exposure to monitor the performance of the lithium industry very closely. This ETF is a global portfolio of companies, which deals with lithium mining in the exploration and lithium-ion battery production.As the availability of lithium stock is less, the ETF is highly preferable among a few big names. The ETF is invested in mining and companies that require a battery for the production of various inventions. The chemical and mining company in Chile is the largest lithium producer in the whole world.
Lithium is a commodity, but it is expected to be a good substitute for fossil fuels in the future. The new lithium-ion-powered car launched by Tesla Motors is making news all over the world. The invention has increased the demand for lithium. The lithium ion batteries are not just used for vehicles, they are also in demand for cellular phones, cameras, and laptops. With the growing economy, more electric cars are expected to be launched and it would increase the demand of batteries. The bottom line is lithium is quickly gaining momentum among investors, and its outstanding performance in the market is the most alluring factor.
