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Lithium demand is set to skyrocket, prompting bold moves from the U.S. and Canada.
The U.S. is rolling out legislation to boost lithium production.
Plans include installing 500,000 new EV charging stations by 2027.
The U.S. aims for 80% of battery minerals to be sourced domestically by 2027.
Canada is also putting big dollars into clean energy initiatives.
Both countries are becoming pivotal players in the future lithium market.
One little-known company is drawing comparisons to Nvidia's rise.
This under-the-radar company has seen moves of approximately 73% in the U.S. and 64% in Canada over the past month.
It is now trending above its 5-Day, 20-Day, 50-Day, and 100-Day moving averages.
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September 15, 2024
Dear Reader,
With lithium demand set to skyrocket, both the U.S. and Canada are making bold moves to secure a steady domestic supply of this crucial mineral.
The U.S. is rolling out legislation to boost lithium production, including the installation of 500,000 new EV charging stations and aiming for 80% of battery minerals to be sourced domestically by 2027.
Canada is also putting big dollars into clean energy, making both countries pivotal players in the future of the lithium market.
But there’s one little-known company that’s beginning to draw comparisons to Nvidia’s rise. Which moved approximately 2,800% in 5 years. After seeing impressive moves of approximately 73% in the U.S. and 64% in Canada over the last month, this under-the-radar company is now trending above its 5-Day, 20-Day, 50-Day, and 100-Day moving averages. |
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