Oversold lithium could be about to rally – Mining.com
It’s been a decade of lows for commodities after posting 7 declines in 11 years, but we’ve seriously underestimated lithium. It’s back with a vengeance in 2019. The commodities market endured yet another annus horribilis, with just four commodities—natural gas, uranium, cocoa and wheat—recording any uptick at all. Last year’s 12 percent slide by the […]
Lithium Market Cheers as Top Supplier Sees Demand Driving Higher
By Laura Millan Lombrana and Jack Kaskey 21 February 2019 Albemarle calms concerns about oversupply, weak Chinese demand Albemarle reported better-than-expected quarterly results The world’s largest producer of lithium calmed investor fears of oversupply and slower Chinese demand for the mineral used to power electric vehicles, sending shares surging across the industry.Albemarle Corp.’s fourth-quarter earnings topped analysts’ […]
Lithium Market `Problematic’ on Project Delays, Livent CEO Says – Bloomberg
Bloomberg Business – By Laura Millan Lombrana and Susanne Barton Lithium Market `Problematic’ on Project Delays, Livent CEO Says The lithium industry’s struggle to match booming demand for the rechargeable-battery ingredient is “problematic” and will further tighten the market, according to the only lithium pure-play trading in New York. “It’s almost impossible for me to see a meaningful decrease” […]