Investors Turn From Oil Boom to Lithium Boom?

Eager Investors See Parallels to Our Last Century's Oil Boom...

There's a "New Oil" in Town – And Investors are Taking Notice Henry Ford's Model T, with its newfangled internal combustion engine, triggered last century's oil boom. Over a century later, lithium-filled electric vehicle batteries are on track to replace gas as fuel. With Bloomberg predicting 30 million EV sales by 2030 and 60 million by 2040, it's no wonder lithium is considered the "new oil." Henry Ford's Model T, with its newfangled internal combustion engine, triggered last century's oil boom. Over a century later, lithium-filled electric vehicle batteries are on track to replace gas as fuel. With Bloomberg predicting 30 million EV sales by 2030 and 60 million by 2040, it's no wonder lithium is considered the "new oil." See why new domestic lithium exploration could turn into bad news for China – and good news for investors

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