Lithium, a key ingredient in renewable batteries, is back on the investment agenda after a series of positive developments, but the jury of analysts remains split on whether it’s a good bet or a flash in the pan.
One bank with no doubts about lithium is Citi which reckons a global glut of the energy-storing metal will dissipate by the middle of next year as demand for electric vehicles (EVs) accelerates.
Cadence Minerals plc (LON:KDNC) provides mining services. The Company focuses on finding lithium and other technology minerals in new places, as well as offers extracting services.