From Market Index 5/12/22
Preferred lithium picks: Macquarie’s top lithium picks have mostly stayed the same compared to a few months ago.The investment bank prefers Mineral Resources and IGO but also sees value in Pilbara Minerals through its Pilgangoora operation, Allkem via its diversified lithium exposure and Liontown as one of the next major projects to come online.
MIN Mineral Resources Outperform $125.00 41%
PLS Pilbara Minerals Outperform $7.70 62%
IGO IGO Outperform $21.00 31%
AKE Allkem Outperform $21.00 49%
LTR Liontown Resources Outperform $3.40 68%
GL1 Global Lithium Outperform $4.40 90%
CXO Core Lithium Neutral $1.80 34%
Only a matter of time until these projections are a reality.
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