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Is lithium ore extracted from gold?
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Derivatives refer to financial instruments based on some basic assets (such as commodities, financial indexes, stocks, etc.). ), their value comes from the price changes of the underlying assets. Common derivatives include futures contracts and options contracts. Lithium ore refers to lithium-containing ore, which is mainly used to produce lithium-related products such as lithium-ion batteries. The value of lithium ore comes from the relationship between supply and demand of lithium and the market demand. Gold is a precious metal with scarcity and lasting value. The value of gold comes from people's demand for it as a wealth preservation and safe-haven asset. So lithium ore and gold are independent physical assets, not derivatives. Their value depends on their respective market supply and demand and investment demand.