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HomeInvestmentLithium Juniors are the Way forward for the EV Story

Lithium Juniors are the Way forward for the EV Story

John Kaiser: No Upside in Tesla, Lithium Juniors are the Way forward for the EV

Tesla (NASDAQ:TSLA) could also be on the middle of the electrical car (EV) revolution, however the Elon Musk-led firm has no upside left. Meaning traders must look elsewhere for alternative.

That is based on John Kaiser of Kaiser Analysis. Talking on the Prospectors & Builders Affiliation of Canada (PDAC) conference, he stated that lithium juniors have turn into the place to be.

Referencing a report from Rio Tinto (ASX:RIO,LSE:RIO,NYSE:RIO), Kaiser stated that by 2035, roughy 1 million metric tons (MT) of lithium metallic equal will probably be wanted to help EV demand.

“The brines are going to provide you with a giant chunk, and Australia’s pegmatites will add extra, (however) that most likely nonetheless will handle solely half,” he stated, noting that he expects firms working in Jap Canada to step up.

Jap Canada has suffered setbacks as a lithium jurisdiction resulting from previous points, together with the downfall of Nemaska Lithium, however Kaiser stated that the realm is much like Western Australia, the place firms have seen success with pegmatite exploration. And along with that, it advantages from good entry to water.

“With out this lithium changing into a actuality, Tesla goes to a buck — it dies,” he stated.

Kaiser sees the lithium market as a gateway to the mining sector for younger folks, and stated that though it may be tough to know, the payoff might be substantial.

“Play a statistics recreation. Have a look at the sector, see who’s severe. Put collectively a basket of those lithium firms and deal with it like a Silicon Valley startup portfolio the place they’ve dozens of high-risk tales,” he stated, noting that whereas there will probably be failures, there can even be a handful of “superstars.”

Watch the interview above for extra from Kaiser on lithium and the alternatives he sees within the area. You too can click on right here for our recap of PDAC, and right here for our full PDAC playlist on YouTube.

Remember to comply with us @INN_Resource for real-time updates!

Securities Disclosure: I, Charlotte McLeod, maintain no direct funding curiosity in any firm talked about on this article.

Editorial Disclosure: The Investing Information Community doesn’t assure the accuracy or thoroughness of the knowledge reported within the interviews it conducts. The opinions expressed in these interviews don’t mirror the opinions of the Investing Information Community and don’t represent funding recommendation. All readers are inspired to carry out their very own due diligence.

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