"According to data by Statista, demand for lithium is expected to rise at a compound annual growth rate of 7.5 percent through to 2025 when annual demand will reach 410,055 metric tonnes."
Galaxy Resources: Huge Gains Ahead For This Lithium Miner
We need more well researched articles like this one in the media, as this is a concise, and more accurate summary, of the many articles that have been written about this sector.
I can't see Galaxy management dragging their feet on the development of their assets, as they do need to consider the various options that they may have at their disposal, and consider what will be in the Company's best interests, in the way of offtakes, and strategic partnerships. They will want to be remaining in the box seat when it comes to making decisions for the company, and retaining as much of the control. GL
GXY Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held