GXY 0.00% $5.28 galaxy resources limited

The Australian Newspaper: Lithium oversupply fears grow as Chinese plan $300m plant, page-18

  1. 340 Posts.
    As stated before: no oversupply in the next 15+ years.

    The 2nd to last paragraph, and you all already know this. It takes years to build & bring new production to market. Even if your sitting on a existing mine.  Quote:
    "How much they can lift production and when that comes into the market is always the question. Yes there’s a lot of potential supply capacity out there, but history has shown that very little of that actually comes on line and the bit that does is always delayed or very late.”

    I'll post the Chris Berry picture that Joe Lowrey mentioned again: image.png image.png
 
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