Media spread that lithium sector is doomed, I. E today's AFR report SQM.
The funny part is, in 2017, SQM announced to expand their annual capacity from 70kt to 120kt in 2019, further expand to 180kt in 2021.
But reality is, "
SQM produced 45,100 tonnes of lithium products in 2018, and appears set to produce between 46,000 and 48,000 tonnes in 2019.
The commentary suggests SQM will sell close to 63,000 tonnes of lithium in 2020, and the Chilean company appears undeterred by the notion it may be adding to an oversupply of the battery commodity."
Brine producers expansion plan is always a joke.
- Forums
- ASX - By Stock
- AVZ
- AVZ Peer Transparency
AVZ Peer Transparency, page-113
-
- There are more pages in this discussion • 250 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)