UBS tips lithium supply to nearly double by 2025
Tom Richardson
UBS said new supply from China and Latin America could see total lithium carbonate equivalent (LEC) supply nearly double between 2022 and 2025.
In total, it estimated around 2 million tonnes of LCE may be online by 2025.
However, the broker said the recent collapse in lithium prices may have bottomed out and has kept buy ratings on Allkem, Mineral Resources, IGO Ltd, Liontown Resources and Wesfarmers, with a neutral rating on Pilbara Minerals.
Good News & Bad News, page-25934
-
- There are more pages in this discussion • 18,458 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PLS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.02 |
Change
-0.040(1.31%) |
Mkt cap ! $9.090B | |||
| Open | High | Low | Value | Volume |
| $3.08 | $3.11 | $3.02 | $55.82M | 18.22M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 424619 | $3.02 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.03 | 17344 | 2 |
View Market Depth
| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| PLS (ASX) Chart |