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Resources Stocks Down Under 4 November 2021: Lepidico, Apollo Consolidated, Magnum Mining and Exploration
Lepidico: The lithium underdog in the EV race
In today’s edition of Resources Stocks Down Under, we’ve said it before and we’ll say it again – the growing EV demand means a massive growth in demand for lithium, which could triple between 2020 and 2030. Lepidico intends to be a player with its unique technology that allows the production of lithium carbonate from lithium mica. While share prices for companies like Lake Resources (ASX: LKE | see 8 April 2021 report) and Vulcan (ASX: VUL | see 21 January 2021 report) have already finished their first laps, can Lepidico catch up from the start line?
Also in today’s edition, a look at gold miner Apollo Consolidated (ASX: AOP) and iron ore miner Magnum Mining and Exploration (ASX: MGU).
Click here to read the previous edition of Resources Stocks Down Under published 28 October 2021