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Re-Rating: General Lithium & Mali Lithium, page-67

  1. 11,393 Posts.
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    there we go

    Say good-bye to 50,000 of lithium carbonate from the worldwide market supply thanks to RIO cancelling their Serbian JADAR Lithium plant plans.

    "Ord Minnett said it expected lithium supply to exceed demand by 45,000 tonnes in 2025, and a further 50,000 tonnes of lithium from Jadar would only exacerbate the oversupply"

    Even if they went ahead they wouldn't be ready until the year 2023, well after Mali Lithium is already in the supply cycle!

    https://www.copyright link/business/mining/rio-tinto-told-to-put-jadar-lithium-on-backburner-20190603-p51u20
 
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