New Lithium Profile Arrives 10:00AM EST Tomorrow - Start Getting Key Details Now
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You've heard quite a bit about lithium in the last few years as this light metal has become the principal source of battery capacity in everything from electric vehicles to cellular phones.
Due to its superior electrode potential, lithium has been an important component of battery electrolytes and electrodes since the late 20th century.
People began experimenting with lithium batteries way back in 1912, but it wasn’t until the 1980's that the first lithium-ion prototype was made – a rechargeable, more stable version of previous iterations.
First commercialized in 1991 with little fanfare, the market for these lithium rechargeable batteries quickly grew into a $3Bn industry by 1998.
In 2007, driven by the heavy-duty power tool market, batteries became the major market for lithium for the first-time, accounting for 25% of all production.
In 2009, global sales of these rechargeable batteries were estimated at USD $7.7Bn.
Now, Research and Markets says, "The global lithium-ion batteries market was worth $31.36Bn in 2019. It is expected to grow at a compound annual growth rate (CAGR) of 18.16% and reach $61.14Bn by 2023."
Consumer applications including cameras, smartphones, computer tablets, and laptops accounted for the previous lion's share of the global lithium-ion battery market revenues.
At 10:00AM EST tomorrow, you get a new lithium stock profile with staggering upside potential. You'll want your schedule cleared.
Additionally, before tomorrow do this: