Right now, as I write this, there is a mad scramble between the US, China, and the European and Middle eastern countries to try and discover and recover the most of this precious element. The future belongs to those who posess the most of it. It is used in medicine for depression and bi-polar illnesses. But the biggest use in the near future is in battery technology. The new Lithium Ion batterys are far better than anything built and used so far. They are lighter, charge faster, hold a charge longer, plus they last 1-1/2 times longer than NIMH or NiCads. All automotive companies are going to build an electric car by 2010 or 2011. These cars are going to be using LI-Ion batterys. The current supply of Lithium will not be nearly enough to supply the needed battery manufacturers with enough raw material. All countries are investing billions to discover new supplies of this valuable element. Oil will be slowly replaced with Lithium as the most valuable energy source for our planet.
Would not be a bad investment if the opportunity presented itself. Good Luck. Stealth
Would not be a bad investment if the opportunity presented itself. Good Luck. Stealth
Comment