Lithium Hysteria Spreads Across the U.S.

A New York City high-rise fire that left 46 people injured prompted the city council to convene an emergency meeting to propose new laws regulating the sale and recycling of lithium batteries. But the hysteria didn’t stop at the city limits… A New York City high-rise fire that left 46 people injured prompted the city council to convene an emergency meeting to propose new laws regulating the sale and recycling of lithium batteries. But the hysteria didn’t stop at the city limits…   [Wealth Daily]      Alex Koyfman / Nov 15, 2022 Lithium Hysteria Spreads Across the U.S. Google searches for "lithium fire" have increased by a factor of 12 over the course of the last two weeks. The reason, which I covered in more depth in [last week's Wealth Daily](, is a NYC high-rise fire that left 46 residents and firefighters injured on the morning of November 5. The culprit was a malfunctioning electric scooter battery. It was the 189th such fire in the city for the year and was severe enough to prompt the New York City Council to convene an emergency meeting for the proposal of new laws regulating the sale and recycling of lithium batteries. The hysteria, however, didn't end at NYC limits. Before the week was over, the Pittsburgh Fire Bureau issued a statement to the public in hopes of quelling growing concerns over the safety of lithium batteries. "There's no industry-wide mechanism for tracking the cause of lithium-ion or battery-related fires. That's something the U.S. Fire Administrator is working diligently for the nation to track this and other hazards," said Assistant Fire Chief Brian Kokkila in an interview with CBS News last Thursday. This "alarming trend," is becoming a major concern for both citizens and agencies as our dependence on lithium batteries expands... but it's hardly the only issue when it comes to rechargeable batteries. Slow to charge, quick to degrade, and very costly, environmentally taxing, and politically troublesome to source, the lithium revolution has caused almost as many problems as it solves. Yet our addiction to the convenience of rechargeable energy storage gets stronger every year. Here Lies Silicon Valley, RIP If you thought the tech crash was bad... you haven’t seen anything yet. Due to a massive shortage of one rare resource that’s critical to their existence... Silicon Valley and the $5.2 trillion tech industry are facing a death sentence. And only one tiny company can save them from disappearing. [Read more about the $1 company ready to revive Big Tech.]( New Laws Won't Solve the Problem... But This Could The reason I'm saying this is that right now the next big thing in rechargeable batteries is already on the production line... A new battery with a space-age new cathode and a completely new ballpark in terms of performance and durability. We're looking at a capacity increase of 2–3x, a life span increase of up to 5x, and a charge speed improvement of 70x. Here's just a preview of what you should expect... You will be able to charge your electric car in less than two minutes, drive more than 1,000 miles between charges, and have that car outlast you as it racks 1 million miles or more with no major overhauls to the power plant. Now, to be clear, what I just described isn't here just yet, but smaller, consumer-tech-sized batteries are already in production. Within the next couple years, you will start to see these advanced new batteries appearing in larger applications. Here's where things get even more interesting... The company manufacturing these batteries did more than just create what could be the rechargeable power storage benchmark for the next half-century... [QUIZ] 46 BILLION Barrels of Oil?! A massive $5.9 trillion oil boom is about to take place. Three tiny companies just acquired the rights to mine an untapped patch holding 46 billion barrels of oil in a mystery location... And it even has the potential to reach $9 trillion in value if prices reach $200 per barrel! So which country do you think will lead this upcoming oil surge? - Venezuela - Saudi Arabia - Canada - Russia Think you know the answer? [See if you’re right!]( No Mining, No Refining, No Shipping, No Chinese Interference It also patented a method for manufacturing the cutting-edge material from which these cathodes are made. There is no mining, no refinement, and no complex supply chain involving foreign suppliers. The Chinese, who currently have a headlock on the global lithium sector, have no claim to any of this technology. Everything is made in-house at the company's Brisbane production facility in northeastern Australia using only two raw materials: natural gas and electricity. Now, here's perhaps the biggest surprise of all: As of this morning, [this advanced materials company]( had a market capitalization of less than $200 million. That's less than 1/1,000th the size that the annual lithium market is projected to be at the turn of the next decade. There's easily multibillion-dollar value here, which leads me to conclude that this is one of the biggest, if not the biggest, pricing inefficiency exhibited by any publicly traded company in operation today. In short, it could be the cheapest stock you can buy. As you may have guessed, there's a lot more information to go over for anyone considering investing, so I've gone ahead and made it easy for all our Wealth Daily readers. We recently published an informational video covering all the ins and outs of the company and the battery technology that could disrupt the world of lithium batteries in the coming two–three years. [Check it out here](. Fortune favors the bold, [alex koyfman Signature] Alex Koyfman [[follow basic]Check us out on YouTube!]( The Single Biggest Innovation in 200 years... And Tesla’s Biggest Flaw... Tesla is considered one of the most successful vehicle manufacturers in the world. It has the highest market cap... dominates the EV market... and manufactures its own batteries. But there’s one major flaw that could make Tesla as we know it obsolete... And it has everything to do with this strange device: What you’re looking at is the biggest electric motor innovation in 200 years. This new generation of motor uses less electricity, costs less to maintain, and lasts much longer than your typical motor. Soon every car manufacturer in the world will be forced to use this new motor. [The tiny company behind this innovation has a market cap of $20 million...]( But its valuation could explode to billions once the mainstream media catches on. [Discover how you could stake your share in this company today.]( [Feedback? get in touch](mailto:/newsletter@wealthdaily.com?subject=Wealth%20Daily%20feedback) [Read this email online]( [Manage Newsletters]( [Share on Twitter]( You signed up for our newsletter with the email {EMAIL}. You can manage your subscription and get our privacy policy [here](. This email is from Angel Publishing, 3 East Read Street, Baltimore, MD 21202 © Wealth Daily.  Â