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URGENT: Biden Uses Cold War Law to Turbocharge Lithium Sector
Like the oil boom of the last century, the coming lithium explosion could make everyday investors very wealthy
The US govt. is finally getting serious about America's feeble lithium production. Pres. Biden has announced he'll use a Cold War law to pump federal money into the mining of lithium and other rare metals. The stimulus will be used to construct new mines and raise production from existing ones.
For investors this can't come soon enough. America still relies heavily on China for the lithium used in electric vehicles and clean-energy batteries. Domestic rare metals miners have repeatedly asked Biden for as much as $10 billion in funding. At last, it looks like they have their way...