AVZ avz minerals limited

Understanding lithium demand, page-8

  1. 34,442 Posts.
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    Great post!

    This sort of posts make HC a great place for fellow members.

    Lithium short term oversupply provides long term opportunities.

    Albemarle Chief Financial Officer Scott Tozier said Thursday on a conference call with analysts. The number of available plug-in hybrids and battery-electric models announced by automakers for 2021 has grown by almost 40 percent since mid-2017. As a result, demand for lithium carbonate equivalent will be about 475,000 tons by 2021 and 1 million tons by 2025, he said.

    https://www.globenewswire.com/news-...rket-To-Reach-USD-109-72-Billion-By-2026.html

    I'm in for short/medium term hold.

    GLTA.
 
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