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Look out for lithium, the next boom metal

Electric vehicles, and battery gigafactories of Tesla and BYD, are about to spark a phenomenal spike in demand for lithium, which is not currently traded as a commodity.

Lithium found in salty water, or brine, is the most cost effective. There are only a few places where lithium is present at high enough concentrations in brines and the most famous is in the Lithium Triangle of Bolivia, Argentina and Chile.

THE age of electrification across the transportation sector, the solar panel revolution, and Tesla's battery gigafactory are igniting a battle for the cheapest battery. That will transform lithium into a boom-time mineral and the hottest commodity on the energy investor's radar. It has been easy...