PSC News related topic, page-263

I was thinking can supply catch up with demand if global lithium battery demand is rising as low as 20% year on year?

Rising at 20% rate might be conservative while ev rising more than 50% yoy, battery storage is growing faster than expected rate... emergency units worldwide are changing all diesel generators to batteries... police, fire, hospital departments...

2018-300kt, 2020-360kt, 2022-520kt... 2022 is the critical year where many major car companies have promised to roll out more EV models by 2022.

VW promised for 20 models... Volvo, BMW, Tesla’s Shanghai plant, Nissan and etc. many new Giga factories will be operating by then and new batteries have to be ready before car productions.

So I would expect minimum 600kt by 2022, conservatively. New productions, ramp up have been delayed, look at PLS, AJM have been delayed for 5-6 months. New development takes time for offtakes, funding, construction...

IMHO, Games being played in lithium sector, spot price falling has caused panic in the entire sector while contract price stayed tight???

This is how those big boys make money from share market!!!

DYOR




https://www.pv-magazine.com/2018/08...soaring-market-sees-next-million-in-may-2019/

https://insideevs.com/tesla-global-plug-in-car-sales-july/amp/?__twitter_impression=true

The trackless tram would be electric and powered by lithium-ion batteries
https://thewest.com.au/news/perth/t...d=1535838989045&__twitter_impression=true