Lithium Investing News - Outlook for 2017 and beyond - Analysts weigh in
http://investingnews.com/daily/resource-investing/energy-investing/lithium-investing/lithium-outlook
(Quotes)
demand is expected to soar by 20,000 tons per year until 2021
Lowry pointed out that SQM’s lithium carbonate supply has gone up from $6/kg in 2015 to $12/kg in the third quarter of 2016. He commented that “with each passing quarter,” a new normal for lithium carbonate pricing outside of China is established...
Berry also expressed his thoughts on the lithium price, saying that the “surprising price strength really stood out” in 2016.
Simon Moores, managing director of Benchmark Mineral Intelligence, also echoed sentiments that lithium demand will grow significantly between now and 2020. During Benchmark’s World Tour 2016 stop in Vancouver, he suggested 100,000-120,000 tons of lithium will be required to keep balance...
Gw
Lithium Investing News - Outlook 2017
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