Although the 2016 lithium boom has gone somewhat less detected than the infant formula boom did in 2015, the returns have been nothing short of spectacular.Investors in the sector have recognised enormous gains since the beginning of the year thanks to lithium’s soaring price. Notably, lithium is used in batteries and renewable energy and demand is thus expected to continue to rise as electric cars become more prevalent in society, and as battery packs from companies such as Tesla start to power more homes around the world…

Source: Does the 2016 Lithium Boom Have More Battery Power? | Motley Fool Australia