Strategic Asset Leasing Inc (LEAS)

[BottomTurn]

If electric vehicles become as popular as expected, China will not be able to solely depend on domestic sources of lithium. As it has done in other sectors such as oil and copper, China will have to look outbound. Over the coming years, we believe that Chinese firms will make acquisitions overseas to secure lithium reserves. And the most attractive location is South America’s “lithium triangle,” an area that covers roughly 43,000 kilometers between Argentina, Bolivia and Chile.