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The 'Oil Of The Future' Is Set To Soar In 2021- FN Media Group Presents Safehaven.com Market Commentary NEW YORK, Feb. 26, 2021 /PRNewswire/ -- Lithium is now a critical metal for Europe. In September 2020, the EU added lithium to its Critical Raw Materials (CRMs) list, warning of the need for a continuous flow of lithium supply for zero-emission mobility. Mentioned in today's commentary includes: Enphase Energy (NASDAQ: ENPH), NextEra Energy (NYSE: NEE), FMC Corp. (NYSE: FMC), Celestica (NYSE: CLS) (TSX:CLS), Lithium Americas Corp. (NYSE: LAC) (TSX:LAC) They are investing billions, including…$3.9 billion (3.2 billion euros) approved in December 2019 for the EU's first battery subsidies with seven countries to catch up to Asian competitors…$3.5 billion (2.9 billion euros) in its second battery-related "European Battery Innovation" project approved by the European Commission in 2021...and $9.2 billion (7.6 billion euros) in EU structural funds to support innovative battery projects under the Smart Specialisation Platform. The Bergby project includes three exploration licenses covering 1,903 hectares of prime EU market-bound lithium potential. Now United Lithium (ULTH; ULTHF) will be buying it, on terms and conditions that have been made public. So, it already has a mineralization discovery and a ground magnetic survey appear to show the thickest part of the pegmatite, which was then identified by drilling as well. Assay results from 41 boulders showed the potential for high-quality lithium. Li2O (lithium oxide) averaged 1.06% and ranged from 0.03% to 4.56%, which is getting close to the theoretical maximum. But even with all the pegmatite showings in these boulders and outcrops, there are still more areas that have never been tested for lithium mineralization. A tiny, $32-million miner is expected to soon close on a lithium property that they will soon be working at defining the size of its mineralization discovery. This is the moment when junior miners tell the world what they have found..
PLUS, once the Northvolt lithium battery Gigafactory goes online in Sweden... it will get even better. Will Europe Replicate The U.S. Lithium Boom? The world has known for some time that there would eventually be a lithium supply squeeze. All the hype around lithium a few years ago was … premature. Or forward-thinking, depending how the markets want to look at it. Some investors jumped the gun and went all in expecting a supply squeeze that never came. Now, that supply squeeze is here, and the proof is in the EV and EV tie-in stocks. Tesla has gained 420% in just 12 months and is, as always, unstoppable. Blink Charging Co. which owns, operates, and provides EV charging equipment and networked EV charging services in the United States, has seen 52-week gains of over 2,000%. Chinese EV maker NIO is up a stunning 1,450% in a year. And the list goes on … because the marketis all about the energy transition …And EVs are the most important immediate element of that. They all need tons of lithium, so that's one place the big money is looking. BNEF has revealed that a broad measure of global energy transition investments in 2020 clocked in at a record $501.3 billion, good for 9% Y/Y growth. Battery storage, smart grid and energy efficiency companies managed to bring in over $8 billion last year … that's up from $3.8 billion in 2019. Battery storage also saw a huge boost in corporate funding, with 54 deals in 2020 worth $6.6 billion. And VC is starving for all of this. Globally, venture capital funding for our energy transition was 12% higher in 2020, raising $2.6 billion. Everyone needs lithium. Tesla, Mercedes, Porsche, Volvo, BMW and more. And now, when the timing couldn't be better, United Lithium is moving fast to buy a property right in Europe's back yard … a lithium discovery that if commercialized, can go directly to market and is surrounded not only by other mines and tons of infrastructure, but in close proximity to a battery Gigafactory that will come online soon. Despite the tough first half of 2020, however, Enphase has remained a favorite on Wall Street. Since January of last year, Enphase has seen its share price rise by a massive 472%, and it's only just getting started. As the renewable push kicks into high gear, and with the United States expected to spend over $1.7 trillion on green energy initiatives over the next decade, Enphase might just emerge as one of the biggest winners. Though it's price movement hasn't been as exciting as Enphase, it has remained on a consistent upward trajectory. In fact, long-term investors who bought in just 5 years ago would be sitting pretty on 300% returns. And the icing on the cake? It pays dividends. FMC Corp. (FMC) was founded in 1883, and has been around the block and back. FMC has a long history stretching between many different industries, but within all of them, FMC has remained a leader in innovation. FMC's involvement in the lithium industry is particularly notable. The company is one of the top three in lithium and associated technologies. It is one of the largest suppliers into electric vehicle applications using lithium hydroxide. Celestica (CLS, TSX:CLS) is a key company in the lithium boom due to is role as one of the top manufacturers of electronics in the Americas. Celestica's wide range of products includes but is not limited to communications solutions, enterprise and cloud services, aerospace and defense products, renewable energy and enough health technology. Like the rest of the market, Celestica fell victim to the massive selloff sparked by the global COVID-19 pandemic, seeing its share price fall into the $2 range in March 2020. Since then, however, the stock price has soared by nearly 400% to its current trading price of $8.31. As the world races towards a greener future, however, the upside potential for Celestica could be even higher. Lithium Americas Corp. (LAC, TSX:LAC) is one of North America's most important and successful pure-play lithium companies. With two world-class lithium projects in Argentina and Nevada, Lithium Americas is well-positioned to ride the wave of growing lithium demand in the years to come. It's already raised nearly a billion dollars in equity and debt, showing that investors have a ton of interest in the company's ambitious plans, and it will likely continue its promising growth and expansion for years to come. By. Aya Beekhof **IMPORTANT! BY READING OUR CONTENT YOU EXPLICITLY AGREE TO THE FOLLOWING. 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