Revisiting the Lithium Mania a Year Later

A year ago this week, I wrote about investing in lithium.

The title of the piece — “Should You Buy Into the Lithium Mania?” — hinted at my skepticism about the boom in lithium prices and lithium stocks.

I quoted Robert Friedland — well known in the mining community for speculative forays into the sector — who predicted: “The lithium market will end in tears.”

As it turns out, I was wrong — at least up to now.

Both lithium prices and lithium stocks have soared since then.

Sociedad Química y Minera de Chile S.A. (SQM) — the world’s largest producer of lithium –jumped over 75% in the past year.

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