With the growth of the electric auto market comes many opportunities to invest—whether or not one should invest in cars, batteries or minerals is the question.
Chinese companies are on a spree of signing deals with different battery metal firms in a bid to boost lithium and cobalt sources.
Elcora Advanced Materials (TSXV:ERA.V, OTCMKTS:ECORF) teams up with Elephant Red to enhance the durability of solar panels and electronics with graphene coatings.
Over 13 percent of the global lithium reserves are located in Argentina, and the country ensures to maximize them.
In the rise of the popularity of electric vehicles, the need for raw minerals such as lithium for batteries has also picked up.
Apple reportedly eyes to directly buy cobalt from miners. However, due to a shortage of cobalt production, it could be a risk.
Lithium, copper, cobalt, and nickel enjoyed a surge in demand as interest in electric cars increased.