Investing in the World’s Largest Producer of Cobalt

We’re going to be upfront about this and tell you that our track record when it comes to dispensing investment advice regarding commodities isn’t the best. Our first foray into the subject was an article published in August of 2015 titled Don’t Invest in Lithium Mining Companies which focused on the fact that (at the time) revenues attributed to lithium were a small percentage of overall revenues for the 3 Lithium Mining Stocks That Produce 90% of All Lithium. While that was true back then, fast forward to today and we see that lithium revenues have all but skyrocketed along with the stock prices for these 3 companies (returns since August 2015 are seen below):

• FMC Corporation (NYSE:FMC) – +76%
• Albemarle (NYSE:ALB) – +92%
• Sociedad Quimica y Minera (NYSE:SQM) – +247%

We also turned you on to a Chinese lithium stock that is up +86% since we wrote about it May of last year. Of course stock price appreciation says nothing about future p