When will it take off again?, page-20

If last year is any guidence, the downrampers, sell side, shorters attacked Li stocks in the first half of 2017 (same BS was spun, shorters all over it), then in the second half they rallied in a big way.

Why did this happen, the Li sector (not just the miners, but also the downstreamers) is very small, new, thus not well understood. Further, if you look at the volumes of EV's sold, higher sales have been skewed to the second half of the year, which has been the case for the last 3 years. While this is just an observation, with the level of demand news coming in weekly, I suspect the second half of 2018 to be same as 2017, but once again, only an obersvation.

The only thing we need to worry about, is converter and battery maker capacity, in that they needs to ramp up in line with new supply thats coming on line (PLS/ AJM/ TAW), otherwise, their product may not be converted, which will slow progress of EV uptake, storage, etc in the short term.

Having said that, it is clear that security of supply is more important than Li prices at present, because some of those converter factories either in build or expansion phase, need to snap up any new supply, given most near term supply coming on line is already sold for at least the new 5 years.
All this talks to a tight market and thus, prices remain elevated at current levels. AIMO, DYOR.