Sprott going long on Lithium

[Sparty]

https://stockhead.com.au/resources/s...ead-this-year/

Summary:

Sprott Asset Management, a global asset manager with over $100 billion in assets under management, has been increasing its investments in lithium miners in recent months.

The company has been buying shares in a number of lithium miners, including Pilbara Minerals, Liontown Resources, and Lake Resources.

The surge in Sprott's investment in lithium miners is likely due to the growing demand for lithium, which is a key component in electric vehicles and other battery-powered devices.

The price of lithium has more than doubled in the past year, and is expected to continue to rise as the demand for electric vehicles grows.

The companies that Sprott has been buying shares in are all well-positioned to benefit from the growing demand for lithium.

Pilbara Minerals is developing the world's largest lithium mine in Western Australia.

Liontown Resources is developing the Kathleen Valley lithium mine in Western Australia.

Lake Resources is developing the world's largest lithium brine project in Argentina.

The article also mentions that some other lithium miners have also seen their share prices rise in recent months, including Albemarle, Livent, and SQM.

[Sparty]

These new ETFs are part of Sprott's "energy transition" thematic lineup.


Sprott Energy Transition Materials ETF (SETM)

Sprott Lithium Miners ETF (LITP)

Sprott Uranium Miners ETF (URNM)

Sprott Junior Uranium Miners ETF (URNJ)

Sprott Junior Copper Miners ETF (COPJ)