| Dear Reader, Tesla’s no longer king of the EV industry. It’s now struggling against a wave of competition — from giants like Ford and General Motors to newer entrants like Rivian and BYD. That’s actually good news for Aussie investors. More EV manufacturers getting into the game means more demand for critical resources like lithium and nickel. As the White House forecasted in 2022: ‘Global demand for these critical materials is set to skyrocket by 400-600% over the next several decades. ‘For minerals such as lithium and graphite, demand will increase by even more — as much as 4,000 percent.’ The problem is there isn’t enough global supply to satisfy this ambitious demand. Joe Lowry, better known by his moniker ‘Mr Lithium’, summarised this dilemma: ‘In the next two years, even though there will be a significant growth in supply, it will be less than demand, so the gap will just continue to grow.’ But Australia happens to be rich in these critical minerals. However, it’s not lithium we need to focus on in today’s market. It’s another metal. And the shortage could make established Aussie miners with enough supply extremely valuable in the coming years. Such as this ASX mining stock I discovered, trading for less than 15 cents at the time of writing. Learn more about this small-cap stock, including the write-up and ticker symbol, in my updated briefing. Click here for access. Cheers, Callum Newman,
Editor, Australian Small-Cap Investigator | 