Look at this portion as well, Mr. Bohlsen, is alluding to ALB TO rumors: My view is similar, that lithium prices will stay strong and new lithium spodumene supply from the Australian miners (Neometals/Mineral Resources, Galaxy Resources, Altura Mining, Pilbara Minerals) will fill the gap in demand for 2017 and 2018. I do see demand being a lot stronger than what most experts are forecasting as 2017 should see the arrival of the affordable EV, which should boost EV sales. You can read more here. Finally, in 2017 I think we may see some of the lithium majors buy out some of the lithium juniors, or do deals similar to the SQM/LAC deal. Albermarle may be a possible buyer.
GXY Price at posting:
51.8¢ Sentiment: Hold Disclosure: Held
