ELithium seems to be the new gold for the Australian metals and mining industry.
Australian metal explorers are striking new supply agreements with companies globally.
Australian metal explorers are striking new supply agreements with companies globally.
Why is lithium space heating up?
Every day the ASX is buzzing with new Lithium deals. Lithium is boasting great fundamentals on the back of the electric vehicle (EV). EV sales in Europe, China and North America are growing. On the back of this, Australian metal explorers are striking new supply agreements with companies globally. Australia currently supplies about 55% of the world's Lithium. Furthermore, binding supply contracts are giving producers the needed push to become a leader in this space.
Here are five Lithium deals that buzzed on ASX recently
