/biz/ - Business & Finance

>>58108106
>lithium
as far as lithium is concerned and as far as i know manufacturers overproduced due to hype surrounding evs and they are now sitting on warehouses filled with lithium with a big supply and no demand. largely the same logic applies where now investors and companies who want to bet on lithium are sitting around eating at their cash to stay afloat and/or are accumulating for 2025 where demand is expected to rise again.

>How confident are you that uranium is any different?
to summarize uranium is different because over the coming decade or two im expecting the interest and demand for nuclear to significantly rise. this rise in demand comes from european and american interest in green energy and china's unsatiable energy needs which nuclear seeks to remedy. the reason why these existsing companies are set to profit the most from this coming wave is because it takes anywhere between 10 to 15 years to start a uranium mine and the same amount is required to build a nuclear power plant and get it operational. granted, the NPP side of things might accelerate dependant on how changes in legislation around the world works. an example is australia has a ban on nuclear energy for some reason and (i havent researched this enough) it would make sense for me for them to lift this ban or for uranium miners in australia to start selling to china.

2/2