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2 Lithium Stocks You Can Buy Right Now to Play the EV Boom

Neha Chamaria, The Motley Fool
·4-min read
2 Lithium Stocks You Can Buy Right Now to Play the EV Boom

Why should you invest in lithium stocks? According to Albemarle's (NYSE: ALB) latest investor presentation, global demand for lithium carbonate equivalent (LCE) is projected to grow more than eightfold from just about 0.3 million metric tons in 2020 to 2.5 million metric tons by 2030, driven almost entirely by demand for battery-grade lithium. LCE is the standard unit of measurement in the lithium industry, and Albemarle is the world's largest lithium mining company.

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