GXY 0.00% $5.28 galaxy resources limited

New Lithium Related Article, page-5294

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    We all know silver donut's proclamation of a "perpetual lithium deficit" back in early July. Did not realise that Credit Suisse also echoed silver donut back then.

    https://www.forbes.com/sites/timtre...ed-to-rise-after-warning-of-perpetual-deficit



    “Lithium prices have risen sharply since February and we do not believe it is temporary,” Credit Suisse said.

    “Following production cuts (when the price crashed), the lithium supply glut has ended and the market is now tightening as the EV revolution accelerates," supported by the global commitment to decarbonization.”

    Credit Suisse said lithium demand might treble by 2025 from 2020 levels and supply would be stretched to meet that demand, but higher prices were needed to “provoke the required supply response.”
 
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