Lithium Mining Dividend Stocks

Want To Capitalize On The Rise Of Electric Vehicles? 2 Dividend Stocks Await

Electric cars are in demand and the auto industry will need more materials from companies that mine lithium. According to the Institute For Energy Research, prices of lithium carbonate have quintupled in China from a year earlier. The sustained high costs will eventually be passed on to car makers.

Two Dividend Plays That Capitalize On The Rise Of EV Battery Makers

The batteries in electric-vehicles are typically lithium-ion batteries that contain materials such as cobalt, copper, nickel and obviously lithium amongst other materials. As the demand for electric-vehicles increases, so will the demand for materials such as lithium, which is mined from the Earth.