With the world fighting to go green, we need as much lithium as possible. All of which will create substantial opportunities for some of the best lithium stocks to buy.
For one, according to Statista, global demand could reach 3.8 million tons by 2035. Two, the International Energy Agency says that based on current electric vehicles and battery storage needs, lithium demand could soar 13 times over by 2040.
However, while demand gains momentum, supply could become an issue. In fact, according to a CNBC report, we could run into a supply deficit by next year.
All of those issues could easily send some of the best lithium stocks significantly higher again.
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