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Automakers are investing heavily in electromobility, and Elon Musk swears by lithium



Lithium is not only used in electric vehicles, but also in many everyday objects.

Only recently, Elon Musk recommended entering the lithium industry because there were enormous profit margins, \”it\-s like printing money. Batteries and rechargeable batteries are increasing in importance immensely, so that one sometimes hears that we are only at the beginning of a lithium boom. In this country, research is being done on lithium, recycling and by-products. Germany has yet to establish itself on the international lithium market. Chile, Australia, Argentina and, of course, China dominate here. And the current energy crisis and high energy prices show that dependencies can be fatal.

Car manufacturers also know that they can no longer get around lithium. Audi, for example, is investing 320 million US dollars to increase the engine output of electric vehicles in Europe. One focus here is on Hungary. The country ranks 20th among the world\-s largest car exporters. Renault Group will enter into a joint venture with Chinese supplier Minth Group to expand a battery parts production facility. It is expected to produce around 300,000 cases annually by 2025. Furthermore, a joint venture exists between Sony and Honda with the aim of producing electric vehicles by 2025. Honda plans to offer around 30 electric vehicle models by 2030. Two million electric vehicles are to be produced per year.

So, for electromobility to gain momentum and CO2 emissions to be cut, a lot of lithium is needed. Alpha Lithium and ION Energy, for example, have this raw material in their projects.

Alpha Lithium – https://www.youtube.com/watch?v=9d-nsnTk4ZY – is working in Argentina in the Lithium Triangle. Production is to start as soon as possible.

ION Energy – https://www.youtube.com/watch?v=1sQzQCux6_c – owns two lithium projects in Mongolia. Mining friendliness and working conditions are very good there.

Current corporate information and press releases from Alpha Lithium (- https://www.resource-capital.ch/en/companies/alpha-lithium-corp/ -).

In accordance with §34 WpHG I would like to point out that partners, authors and employees may hold shares in the respective companies addressed and thus a possible conflict of interest exists. No guarantee for the translation into English. Only the German version of this news is valid.

Disclaimer: The information provided does not represent any form of recommendation or advice. Express reference is made to the risks in securities trading. No liability can be accepted for any damage arising from the use of this blog. I would like to point out that shares and especially warrant investments are always associated with risk. The total loss of the invested capital cannot be excluded. All information and sources are carefully researched. However, no guarantee is given for the correctness of all contents. Despite the greatest care, I expressly reserve the right to make errors, especially with regard to figures and prices. The information contained herein is taken from sources believed to be reliable, but in no way claims to be accurate or complete. Due to court decisions, the contents of linked external sites are also co-responsible (e.g. Landgericht Hamburg, in the decision of 12.05.1998 – 312 O 85/98), as long as there is no explicit dissociation from them. Despite careful control of the content, I do not assume liability for the content of linked external pages. The respective operators are exclusively responsible for their content. The disclaimer of Swiss Resource Capital AG also applies: https://www.resource-capital.ch/en/disclaimer/

Posted by on 24. June 2022. Filed under Internet, Picture Gallery. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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