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Alec Lucas - South America's Lithium Rush: Powering Battery Tech, EVs & Infrastructure

Alec Lucas - South America's Lithium Rush: Powering Battery Tech, EVs & Infrastructure

FromOpto Sessions – Invest in the Next Big Idea


Alec Lucas - South America's Lithium Rush: Powering Battery Tech, EVs & Infrastructure

FromOpto Sessions – Invest in the Next Big Idea

ratings:
Length:
39 minutes
Released:
Oct 26, 2023
Format:
Podcast episode

Description

Get Opto’s best content every day by subscribing to our FREE Newsletter: www.cmcmarkets.com/en/opto/newsletterToday, we have the pleasure of welcoming Alec Lucas, Research Analyst at Global X ETFs, to the show.In this episode, we discuss the pressing megatrend of climate change and the importance of clean tech in meeting global climate goals. Alec sheds light on South America's lithium rush and how it's catering to a growing demand for battery technology and electric vehicles. Alec walks us through the lithium production value chain, highlighting key players such as SQM and Albemarle and their ongoing negotiations with the Chilean government, revealing why Argentina and Brazil could be 'the quicker growing components' of the South American lithium market. To conclude, Alec delves into global efforts to drive investment in infrastructure, highlighting the significance of the Inflation Reduction Act (IRA) before analysing the impact of reshoring in the US. Prior to joining Global X, Alec interned as an equity research analyst at Nicusa Investment Advisors. He has a Masters in sustainability management from the Colombia University School of Professional Studies, and earned his Bachelor’s Degree in finance and value investing from Fordham University in New York. Enjoy!------------------Past performance is not a reliable indicator of future results.CMC Markets is an execution-only service provider. The material (whether or not it states any opinions) is for general information purposes only and does not take into account your personal circumstances or objectives. Nothing in this material is (or should be considered to be) financial, investment, or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by CMC Markets or the author that any particular investment, security, transaction, or investment strategy is suitable for any specific person.The material has not been prepared in accordance with legal requirements designed to promote the independence of investment research. Although we are not specifically prevented from dealing before providing this material, we do not seek to take advantage of the material prior to its dissemination.CMC Markets does not endorse or offer opinions on the trading strategies used by the author. Their trading strategies do not guarantee any return and CMC Markets shall not be held responsible for any loss that you may incur, either directly or indirectly, arising from any investment based on any information contained herein for any loss that you may incur, either directly or indirectly, arising from any investment based on any information contained herein.
Released:
Oct 26, 2023
Format:
Podcast episode

Titles in the series (100)

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