Lithium = New Oil via /r/wallstreetbets #stocks #wallstreetbets #investing

Lithium = New Oil

Long 20,000 shares of ABML soon to be ABTC. Basically, they are gonna recycle batteries/tech back into battery-grade metal.

Development stage company building their pilot plant just hours away from our boy Elon in Nevada. Plant designed to process 20,000 metric tons of scrap materials, for perspective only 90,000 metric tons were recycled globally in 2019.

If you believe in EVs and an eventual shortage in metals used for batteries, then look at this company.

Submitted November 10, 2020 at 05:25AM by riskboysoup
via reddit