Lithiumion batteries are emerging as an instrumental part of the electriccar revolution, resulting in significant disruption to the autoindustry.

Q1: Lithium‐ion batteries are emerging as an instrumental part of the electric‐car revolution, resulting in significant disruption to the auto‐industry. As a result the price of lithium has increased substantially since 2015. However, some argue the lithium market lacks transparency. What is meant by transparency in financial markets? What impact do you think it will have on investors? Identify some reasons why the lithium market is considered opaque.