How American Lithium Tech May Be Poised for 614% Growth
A new lithium technology could change the face of lithium production forever.
Andrew Carnegie didn't invent the Bessemer converter, but used it to amass an incredible fortune producing steel at lower costs. What one simple machine can do for increasing production and lowering costs is staggering (think of the cotton gin).
The lithium industry has been plagued with inefficiency and expensive production... until now. One American company is leveraging technology, much like Carnegie, to potentially dominate the market.
As the regulations limiting the industry fall by the wayside, after being designated a "critical" metal by the current U.S. administration, and with the demand for lithium continuing to skyrocket, lithium producers are scrambling to produce more high-quality product at a lower cost.
The rewards for doing so could be astronomical. After one tiny Australian company found a way bring its lithium production to new highs - think lower costs of production, higher quality of finished product - it saw its stock skyrocket 614%. One single American company is now following suit, and early investors could stand to reap major rewards.