FN Media Group Presents Oilprice.com Market Commentary
LONDON, Aug. 16, 2023 /PRNewswire/ -- The undeniable inevitability is that everything is going to be electrified, and batteries are our future, as well as the biggest opportunity for investors in a lifetime. Yet, the lithium space has become crowded and chaotic, while the lesser-known critical battery component—graphite—is an extraordinary $23-billion bounty ripe for picking. By 2032, it is projected to be worth an estimated $43 billion. Companies mentioned in this release include: Freeport-McMoRan Inc. (NYSE:FCX), Rio Tinto Group (NYSE:RIO), Teck Resources Limited (NYSE:TECK), Sociedad Química y Minera de Chile (NYSE:SQM), Lithium Americas Corp. (NYSE:LAC).
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