Lithium futures gap upIs it a fluke or did lithium futures just make a germane gap up? It would align with the rising momentum. Let's see if the new prices hold, and if corresponding stocks like AMEX:LIT & NYSE:ALB respond in coming weeks.
LTHN2025 trade ideas
US-Ukraine minerals deal: key commodities at stake Ukraine is set to sign an “improved” minerals deal with the US after the US dropped its claim to $500 billion in potential revenue, according to the FT. The news has boosted the euro and market sentiment, but what about the commodities involved?
Ukraine holds about 5% of the world's critical raw materials, essential for EVs, clean energy, and defense. Its untapped reserves, valued at over £12 trillion, include lithium, titanium, and graphite. The US is eager to secure these resources to reduce reliance on China, which dominates 75% of rare earth production.
Ukraine has commercially viable deposits of 117 key minerals. It holds 500,000 tonnes of lithium, vital for rechargeable batteries, and one of Europe's largest titanium reserves, used in aerospace and military industries. Ukraine also holds 20% of global graphite resources, crucial for EV batteries and nuclear reactors.
However, 20% of Ukraine’s land, including regions with £6 trillion in mineral wealth, is currently under Russian occupation. Bordering areas containing £2.8 trillion in resources, faces an advancing Russian military.
Tesla $TSLA vs Lithium PricesTesla NASDAQ:TSLA vs Lithium Prices
Tesla was faced with crushing increases in the price of lithium which created a feedback-loop spiral to the downside for investor and speculator expectations.
There were many other factors going on at the same time for Tesla's big slide from $400+ down to $100+ per share, but this picture paints a picture and story which is easy to remember.
One of the biggest costs of producing battery-electric-vehicles (BEV's) is the cost of lithium. This massive run-up in the price of lithium may have exposed Tesla to the uncertain pricing of lithium supplies and may also have encouraged Tesla to begin their own lithium extracting and processing operations. Clearly, this was a problem and it fed into investor expectations and drove the stock lower and lower until finally the fever broke and lithium prices have crashed.
Keep an eye on Lithium prices here at TradingView and set alerts for a heads-up on sharp increases or decreases in the price to have a heads-up on what is happening under the surface.
Tim
10:02AM 8/22/2023 EDT
Lithium Futures Lithium Futures are trading down with price correction.
Proxy for the EV (Electric Vehicle)
Get ready for painOnce the bitcoin of battery cars sector goes ( $tsla ), what happens next is not for weak-handed.
#lithium
Lithium Commodity USA Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions
Lithium Commodity USA Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions
Lithium Long: Price is at the inception phase of demandSummary: long, there is insufficient lithium in the world to meet rechargeable battery demand.
Bullish on the weekly and monthly TF.
Core component for: electric cars, electric bike, solar systems for homes, laptops, etc..
It is probably that Lithium 2-4x going into 2022.
Simply insufficient Lithium capacity as metal goes from zero to “gold” status for the Green Deal.
Finally, appears a new commodities super cycle may be kicking off for 2022.
Lithium Bullish - 43% rise likely to continue Summary: Long, Lithium has rising 43% in 4 months.
Core material for rechargeable batteries and EVs.
