'Lithium chemical demand rose to an estimated 269,000 tonnes in calendar 2018, up 15% versus the previous year, on the back of a 64% jump in global Electric Vehicle (EV) sales, which breached 2 million units for the frst time. EV adoption is in its infancy with sales positioned at the early stage of the S-curve pattern for innovation'
'Many battery materials commentators forecast that the demand outlook for lithium chemicals is exceptionally strong and that annual demand will breach one million tonnes of lithium carbonate equivalent (LCE) by 2025.'
Shorts down to 6%, could be a KABOOM cycle...
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