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Still in the lead: Lithium’s place in the green energy transition

ASX News, The Market Online Thematica
24 August 2023 12:52 (AEST)

Investors have seen lithium already ride through two solid bull runs – the first in 2018 and then again in 2021 through to last year.

The first half of this year has seen a sharp correction, leaving many investors wondering if they’ve missed the boat. Is it too late to have a win with exposure to the light silvery-white metal? Or, are we about to see a third wave of success?

Lithium companies scooped every major prize at the Kalgoorlie Diggers & Dealers Mining Forum Awards this year. For the first time ever, there were more presenters for battery metals companies than for gold.

Only this week, at the Kwinana Major Project Conference, Tesla called on Australia to increase its refining capacity and cut red tape.

The tailwinds are strong, with Governments around the world providing incentives and support for aligned battery metals projects, because the one thing that’s certain is electrification is happening globally. At this point in time, when it comes to batteries, lithium is in the lead.

In this thematic investing report, we look at lithium now and why it’s still in the lead for the green energy transition. We explore threats to its success and look at ASX-listed companies taking on lithium-based opportunities throughout the world.

Access the report here.

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