The Top Lithium Beneficiaries of the U.S. Fight to Decrease Reliance on China

PALM BEACH, Florida, Oct. 10, 2019 /PRNewswire/ — With the ongoing trade war, and potential threats to rare earth supplies from China, the U.S. has teamed with Canada and Australia to develop reserves of lithium, copper and cobalt. As these countries seek to cut off their reliance on China for materials crucial to technology, the U.S. will share its mining expertise with other countries to help discover and develop necessary resources. By doing so, this will create further supplies to meet growing global demand. “Demand for critical energy minerals could increase almost 1,000% by 2050,” as reported by Reuters. That’s opening a wide range of opportunity for companies involved in the lithium space, including E3 Metals Corp. (TSX-V: ETMC) (OTCPK: EEMMF), Albemarle Corporation (NYSE: ALB), Sociedad Quimica y Minera de Chile S.A. (NYSE: SQM), Tesla Inc. (NASDAQ: TSLA), and Lithium Americas Corporation (NYSE: LAC) (TSX: LAC).