by Jason Simpkins
I can’t think of any commodity that’s had a better 2016 than lithium.
Just nine months ago it was selling for $5,000 per metric ton. Now it’s at $8,500 and could make $10,000 by year end.
So while other commodities like gold and oil get all the glory lithium is really the one getting it done.
Lithium is used in a wide variety of products, from ceramics to rooftop solar cells. However, its biggest use is in electric car batteries.