Lithium Craze: Comparing Arianne Phosphate ($DRRSF) ($DAN) To Top Companies
- 6 months ago
From powering electric vehicles to storing solar and wind energy, lithium plays a critical role in the transition to a greener world. So it’s not surprising demand for Lithium-Iron-Phosphate (LFP) batteries is exploding – as are the market values of its key publicly traded producers.
With energy and food prices still high and weather-related calamities occurring far too often, everyone from companies to consumers is looking for greener alternatives across the board. Electric vehicles have driven a lot of the demand, but lithium is also used in storing captured wind and solar for the power grid and residential solar power systems.
With energy and food prices still high and weather-related calamities occurring far too often, everyone from companies to consumers is looking for greener alternatives across the board. Electric vehicles have driven a lot of the demand, but lithium is also used in storing captured wind and solar for the power grid and residential solar power systems.