It was bound to happen.
Lithium has elbowed its way into mainstream investing.
You don’t believe me?
I looked into the holdings* of ~50 of the largest banks, hedge funds and asset managers.
Here are the most widely held lithium stocks:
7. Standard Lithium $SLI
‘By leveraging the existing infrastructure and operational expertise of the largest brine processing facilities in North America, Standard Lithium (SLI) is leading a new wave of U.S. lithium production.’
Going full-on US-focus.
6. Sigma Lithium $SGML
‘Dedicated to powering the next generation of electric vehicles. Positioning Brazil as a leader in the global supply chain of materials for the energy transition with environmentally and socially sustainable operations.’
Tesla was reported to be contemplating acquiring them a while ago.
That’s still unconfirmed but since then they started production.
‘SQM is a global mining company operating in northern Chile. Leader in each of its five business lines: Specialty Plant Nutrition; Iodine and Derivatives; Lithium and Derivatives; Potassium and Solar Salts.’
(I’ll revisit them in a bit)
4. Lithium Americas $LAC
‘Lithium Americas is focused on advancing the Cauchari-Olaroz and Pastos Grandes projects in Argentina and the Thacker Pass project in Nevada, USA towards production.’
Board just approved the plan of splitting into 2 companies.
3. Piedmont $PLL
‘Piedmont Lithium is developing a world-class integrated lithium business in the US, enabling the transition to a net zero world and the creation of a clean energy economy in America.’
Also partnered with $SYA at their newly restarted NAL operation in Quebec.
2. Albemarle $ALB
‘Albemarle leads the world in transforming essential resources into critical ingredients for mobility, energy, connectivity, and health.’
$ALB has seen its shares drop sharply (like $SQM) after the widely misrepresented policy change in Chile.
I reckon things will settle soon, as more understanding of the situation permeates the markets.
They are also chasing $LTR (so far, without luck)
Drumroll please, the leader is coming…
This stock is in ALL portfolios I reviewed.
And it’s been in the news in the last few days.
(albeit for better reasons than $ALB and $SQM).
1. Livent $LTHM
‘Livent powers the things that power our lives. From the revolution in EV batteries and mobile devices to the strong, lightweight alloys and advanced polymers that take innovation further, we harness lithium technology to help the world move forward.’
Merging…
I reckon it is safe to say the combined entity will become even stronger.
Much larger transaction than Albemarle’s failed bid for Liontown.
So I’m sure we’ll be seeing it more and more in portfolios.
Insights from this group:
– US hunger for lithium is growing rapidly & relentlessly
– Chile is strongest, still, with Argentina gaining traction
– Australia is virtually absent!
And that’s it for today.
Lithium stocks are becoming more common in portfolios… and you know what? I’m more than fine with that!
Let me know if you hold any of these bad boys too.
Originally tweeted by @paola_rojas on May 17, 2023.
*As per Synergy Resource Capital’s research on 13F filings up to Dec 2022/March 2023.
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