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What Roll Will Cobalt and Lithium Play In E V and Renewable Energy Revolution?

  • Broadcast in Energy
Solar Now And The Future

Solar Now And The Future

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Hosted By: Ronald Bethea

Keith Kohl
Investment Director, Pure Energy Trader

It’s been found inside the tomb of King Tut...

And now the largest, most valuable companies in the world are scrambling for it, including...

  • Apple
  • Microsoft
  • Toyota
  • Tesla
  • Ford
  • General Motors
  • Samsung
  • And more...

Dubbed “blue gold,” this mysterious blue metal is used in magnets, aircraft engines, high-tech turbines, and even in cancer treatments.

But what’s REALLY driving demand for it is the massive surge in the production of lithium-ion batteries.

These batteries power your smartphone and your laptop.

But they also power electric cars, homes, trains, submarines, battleships... even entire power grids.

These batteries form the backbone of America’s newest energy revolution, with Elon Musk, the CEO of Tesla Motors, at the center of it all.

His massive $5 billion battery factory in the Nevada desert, known as the Gigafactory, will produce more batteries in a year than were produced in the entire world just five years earlier.

As Elon Musk recently said, "[there's] a little bit of lithium in there, but it's like the salt on the salad."

Currently, the United States produces less than 1% of the world’s total “blue gold” supply!

And the mainstream press is starting to catch on...

  • Oilprice.com says, “There’s a new metal in town, and its bigger than lithium and hotter than any other commodity on the market right now.”
  • The Washington Post declares there’s a “mad scramble for cheap [‘blue gold’].”

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