These batteries are used in everything from smartphones to current electric vehicles and more.
A few weeks ago, the company announced that it had embarked on a pilot program to begin recycling lithium-ion batteries at its Fernley, NV plant.įor those who don’t know, lithium-ion batteries are without a doubt, the most popular choice for most electronics and EVs. In Nevada, the company owns over 12,940 acres of mines where various metals are produced for use in batteries. For one, the election of Joe Biden has put a large focus on companies like ABML.Īmerican Battery Metals works by mining, exploring, and recycling a large range of battery metals. So, why this meteoric rise for a relatively unknown alternative energy penny stock? Well, there are a few reasons why this is the case. In the past month alone, shares have shot up by over 400%.
In the past six, shares of ABML stock have risen by a staggering 784%. is a penny stock that we have been discussing for several months. With all of this considered, is TANH a penny stock to watch?ĮSG Penny Stocks to Watch: American Battery Metals Corp.Īmerican Battery Metals Corp. In addition, if all goes well, these vehicles could become the long term solution to public sanitation. So in the short term, it seems as though these street sweepers could have a large use by the public. With COVID cases on the rise, human labor has become a public health issue.
( TRCH Stock Report)ĮSG Penny Stocks to Watch: Tantech Holdings Ltd. This term references the ideologies of “Environmental, Social, and Governance,” and puts a focus on companies that look to decrease the carbon footprint, create a welcoming corporate environment, and run operations ethically and efficiently, keeping in mind the communities surrounding operations. That has created a broader niche in the market referred to as “ESG” stocks. But, with strong demand from the public and guidance from the federal government, it appears as though we are well on the way. Now, investors should keep in mind that there is a lot of development that needs to go into place in order for renewable energy and EV’s to take over. ( TSLA Stock Report), has helped to put EV penny stocks on the map in a big way. In addition, the rise of stars like Tesla Inc. If renewable energy is the primary focus, electric vehicles are definitely a secondary result of this shift. Given how far behind we are in this regard, it seems as though a lot of capital will go toward developing this infrastructure. closer to becoming renewable energy-dependent within the next few decades. For one, Biden has stated that he intends to bring the U.S. There are a few reasons why this is the case. Given that Joe Biden will be going into office, there is a large focus on both renewable energy and electric vehicle penny stocks.
With election troubles behind us at this point, we can finally start 2021 off by searching for penny stocks to watch. It seems as though investors feel quite confident in the direction that the U.S. Renewable Energy and Electric Vehicle Penny Stocks To Watch Right NowĪfter a day of political turmoil in the U.S., the stock market and many penny stocks managed to move higher.
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