The lithium boom is coming: The new bubble?

NEW YORK, May 22 (Reuters) – New vehicle emission standards will likely be a boon for everything from aluminum to new plastics, but the producers of lithium — a mineral used in batteries that power new generation vehicles — could be the big winners.

But while the few public companies that mine lithium will likely see surging revenue, they will also face the pressure that comes with all booms — making supply meet ever-tightening availability.

Companies that mine lithium should see a long-term boost to their business, analysts said, although there are questions about whether there is enough lithium for all customers.

And some energy experts see the irony in lithium batteries replacing carbon-burning gasoline, since they believe exploiting lithium could be just as destructive to the environment as pollution.

Guardian