A Latin American lithium play?

Is the battery the future of the automobile?

If you follow the auto industry, then you've probably heard that the battery is the future of the automobile. In fact, some claim that the battery, or at least its manufacturers, could be more important than automakers.

Yesterday, the Fast Money crew offered up some Asian companies as investment vehicles off the battery powered revolution.

Anyway, the future of the battery is probably based in lithium-ion batteries. Today, Jim Cramer suggested SQM as a great Latin American play on lithium. Since most of the world's largest supplies of lithium are found in Latin America, it seems that control of lithium supplies could be a very profitable niche.