A bull market in lithium?
Contrary to current sentiment surrounding the mining industry is the realistic positive outlook for lithium. The electric vehicle (EV) market has experienced heightened interest despite a more than halving of the oil price over the past year, helped in no small part by North American EV evangelists and by the Volkswagen (VW) scandal. The latter has already caused the automaker to unveil new, purer clean-tech vehicles to help recover its brand image. In our opinion, lithium supply risk may not be correctly factored into the ambitious plans of EV automakers, which should be recognised as a positive for investment into the lithium mining subsector.Cadence Minerals is engaged in identification, investment and development of Lithium and rare earth assets. Co. is also exploring other mining related opportunities.
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