SQM, one of the best sources as a barometer of the lithium market says "Demand for the metal is set to grow by 600,000-800,000 tonnes of lithium carbonate equivalent over the next 10 years" and Automakers have "legitimate concern" about sourcing raw materials for the EV shift.
https://www.reuters.com/article/met...t-10-bln-investment-over-10-yrs-idUSL3N1RV4RP
Keep in mind that SQM wont likely expand beyond 100k for the reasons outlined in the article below, leaving a large supply gap: https://seekingalpha.com/article/4149992-2-early-lithium-companies-management-succeed
And another report: http://resourceworld.com/index.php/why-canaccord-is-still-bullish-on-lithium-equities/
Eventually all this positive news will reach a tipping point, and I think the market will turn in Q3.
SQM, one of the best sources as a barometer of the lithium...
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