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Understanding lithium demand, page-554

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FrankMe

5,608 Posts.

3065

28/06/19

16:40

Post #: 39292618
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Originally posted by 8horse ↑

Just realised I shouldn't post in a chart thread

Lithium short term oversupply, is obvious, and producers are more sensible to short term oversupply, probably that's why PLS & GXY are being attacked by shorters. Another fact is China government further reduced subsidies and shifted to subsidize infrastructure including charging stations and power usages. Low range electric vehicles would be gone as there's no more subsidies for the range under 250kms. High range electric vehicles require premium lithium products. Most of Australian lithium spodumene are not except Greenbushes.
AVZ is probably coming into production 2021-2022, by then, the demand should be rising due to hundreds of billions dollars investments in electric vehicle industry.

Frank, I will be here with you for long time.

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Frank, I will be here with you for long time.

AVZ Price at posting: 5.1¢ Sentiment: Buy Disclosure: Held
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