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With big oil looking to get into lithium production, investors might wonder if lithium stocks are the best way to play the ongoing demand for the alkali metal. The Energy Mix recently reported comments from TechMet Chief Executive Officer (CEO) Brian Menell. He said, “There are a number of oil and gas majors putting a lot of time and attention into how they can become big in lithium.” “It’s a natural evolution for oil companies,” Menell said. “Lithium brines are an obvious one as unlike charging networks and wind farms, where [the fossil companies] have no skills besides project management, they are skilled at subsurface pumping and fluids.” I’ve been tasked with recommending three lithium stocks to buy. It’s possible that one or more of them could be oil and gas producers. It’s also possible that there are better ways to play the ongoing demand for lithium, including electric vehicle (EV) stocks, etc. Here, then, without further delay, are three lithium stocks with attractive entry points. Equinor (EQNR) Source: II.studio / Shutterstock.com The article in the introduction mentions four companies from big oil looking to get a piece of lithium production. Equinor (NYSE: EQNR ), the Norwegian oil giant […]
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