Editor: Gerardo Del Real : Junior Mining Monthly Apr. 09, 2018 – Baltimore, MD
It’s a surprising fact: the #1 material in electric car batteries is… graphite?
Electric car batteries are often called “lithium-ion batteries,” but that’s a misleading term…
As Elon Musk recently said: [there’s] a little bit of lithium in there, but it’s like the salt on the salad.”
Only 2% of a lithium-ion battery is actually lithium.
And only 18% of the battery is made up of cobalt and other materials.
That’s because a whopping 80% of the battery is made from one single, hard-to-find resource — graphite.
Now, you’re probably not used to seeing headlines about this often-forgotten material…
But that’s going to change.
Graphite is in everything from your computer… to your cell phone… to the hundreds of other electronic devices in your home.
And the electric car market is growing so fast that it’s eating up the entire world’s supply.
Demand is soaring — and graphite producers are seeing record profits. Especially now that two Tesla executives have left to build a battery Gigafactory of their own, further straining global graphite supplies.
This unexpected material is at the center of the electric car boom… let me explain why it can make you at least 826% in the weeks ahead.
To your wealth,
Gerardo Del Real
Editor, Junior Mining Monthly