Lithium stocks boom in Australia’s clean technology sector
The boom in lithium stocks is overshadowing a broader recovery in the Australian clean technology sector as investor interest in renewable energies builds. Several lithium explorers and emerging producers have soared this year amid expectations of rising demand for lithium-ion batteries in electric vehicles. Energy-storage technology has become the latest hot sector in renewable energy and sparked renewed interest in global cleantech companies. After years of heavy losses, Australian cleantech stocks are collectively delivering strong returns and outperforming the sharemarket – a remarkable turnaround for a sector that has had many false starts and been battered by regulatory uncertainty. The Australian CleanTech …
