Lithium Miners News For The Month Of January 2018
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Posted On: 01/29/2018 10:49:38 AM
Lithium Miners News For The Month Of January 2018
Jan. 28, 2018 3:24 AM ET|
Lithium demand versus supply outlook
On January 2, The Times wrote: "Electric cars put battery metal prices in fast lane. The metals needed to power electric vehicles were in hot demand in 2017, but a leading observer of the market believes that prices are still only in the foothills of the peaks they may yet achieve." Mr. Miller warned that a lithium supply crunch was looming. "There's no question of there not being enough of this stuff out there, but it's whether it will come in the time period that Volkswagen or BMW want it to," he said." Andrew Miller of Benchmark Minerals is in the top 3 leading EV metals experts in the world.
On January 24, Benchmark Minerals released, "Lithium oversupply fears grip investors as industry still awaits Auto, Grid era." A summary of key points:
"Sky high China prices may see correction in H1 (2018).
Rest of World (ROW) prices have room to continue their rise in H1 (2018).
Room for price convergence, yet global average to still rise.
As a result of these most critical supply and demand dynamics, it is important to remember the fundamentals of the lithium industry have not changed.
(Regarding the SQM expansion). This is good news for a lithium industry post-2021. Until then the status quo remains."
https://seekingalpha.com/article/4140705-lith...nuary-2018.
Jan. 28, 2018 3:24 AM ET|
Lithium demand versus supply outlook
On January 2, The Times wrote: "Electric cars put battery metal prices in fast lane. The metals needed to power electric vehicles were in hot demand in 2017, but a leading observer of the market believes that prices are still only in the foothills of the peaks they may yet achieve." Mr. Miller warned that a lithium supply crunch was looming. "There's no question of there not being enough of this stuff out there, but it's whether it will come in the time period that Volkswagen or BMW want it to," he said." Andrew Miller of Benchmark Minerals is in the top 3 leading EV metals experts in the world.
On January 24, Benchmark Minerals released, "Lithium oversupply fears grip investors as industry still awaits Auto, Grid era." A summary of key points:
"Sky high China prices may see correction in H1 (2018).
Rest of World (ROW) prices have room to continue their rise in H1 (2018).
Room for price convergence, yet global average to still rise.
As a result of these most critical supply and demand dynamics, it is important to remember the fundamentals of the lithium industry have not changed.
(Regarding the SQM expansion). This is good news for a lithium industry post-2021. Until then the status quo remains."
https://seekingalpha.com/article/4140705-lith...nuary-2018.
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