Discover why investors are dumping shares in lithium miners and stockpiling this ‘next-gen’ battery resource instead…
Unless you’ve been living under a rock, you’ve probably heard of lithium.
From the electric vehicles popping up all over the road…
To the giant Tesla battery in South Australia…
It’s a ‘hot’ resource because it’s needed for the ever-growing production of batteries — particularly as the demand for electric cars grows.
Lithium prices rallied from 2016 as demand ramped up, earning some investors (who got in early) a pretty penny.
Even this year, Chinese and Japanese investors were swooping into Australia to drop wads of cash on lithium mines that hadn’t even started digging yet.
But I’m here to tell you that run is over…there’s another commodity about to eclipse the frenzy we’ve seen from lithium the last few years.
And the best part…
Australia is in a prime position to reap the benefits as demand from this resource goes global.
It’s not just EV giant Tesla that’s demanding high powered batteries for their electric vehicles…
There are 500 (yes, FIVE HUNDRED) electric vehicle firms in China alone.
And they’re all starving for power.
If Harje Ronngard’s analysis is correct, what he’s about to share could be your best speculative resource bet for the next few years.
In a brand-new Money Morning report, Harje reveals which commodity is likely to boom on the back of EV battery demand.
Inside this report you’ll discover:
- How the price of lithium could soon plummet: The lithium boom is already showing signs of slowing down. Smaller EV players, struggling for resources, are going belly-up. Less demand means smaller lithium miners are following suit. Manufacturers are already looking for the next winning resource.
- Why lithium buyers got smashed on price and how you can avoid it: Some lithium players shot up as high as 2,000% in the mania. But speculators who came to the party late got burned. Harje shares one tip to avoid meeting that same fate as this next resource moves in the spotlight.
- Three ASX miners pulling this ‘next-gen’ EV fuel out of the ground: Knowing the resource powering next-gen EVs does little good unless you know a few key players in the industry. Harje shares the names of three key ASX-listed miners he believes are set to cash in on the growing demand for EVs that you need to know.
You’ll learn all this and more in Harje Ronngard’s brand-new report: ‘Move Over Lithium — This Could Be the Best Resource Speculation’.
To get your free copy — right now — enter your email address in the box below and click ‘Send My FREE Report’. You’ll get a downloadable PDF file delivered to your inbox within the next five minutes.
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All advice is general advice and has not taken into account your personal circumstances. Please seek independent financial advice regarding your own situation, or if in doubt about the suitability of an investment.
Calculating Your Future Returns: The value of any investment and the income derived from it can go down as well as up. Never invest more than you can afford to lose and keep in mind the ultimate risk is that you can lose whatever you’ve invested. While useful for detecting patterns, the past is not a guide to future performance. Some figures contained in this report are forecasts and may not be a reliable indicator of future results. Any potential gains in this do not include taxes, brokerage commissions, or associated fees. Please seek independent financial advice regarding your particular situation. Investments in foreign companies involve risk and may not be suitable for all investors. Specifically, changes in the rates of exchange between currencies may cause a divergence between your nominal gain and your currency-converted gain, making it possible to lose money once your total return is adjusted for currency.