Lithium

[winston]

3 Reasons To Go All In On Lithium

By Alex Kimani

#1. The EV Explosion
#2. The Great Reflation Play
#3. Global Economic Recovery

Source: OilPrice.com

https://oilprice.com/Energy/Energy-Gene ... thium.html

[winston]

not vested

Lithium

Lithium has found a place among the hot commodities in the last few years. A key reason has been strong growth for the electric vehicle industry.

According to S&P Global, lithium demand will more than double by FY2024 on EV growth. In FY2019, rechargeable batteries accounted for 54% of total lithium demand. It’s not surprising that lithium stocks have surged in the recent past.

In addition, research firm Roskill further opines that the demand for lithium is expected to remain strong through FY2030. During this period, the annual demand growth is likely at 19.7%. With potential for a decade long industry tailwind, lithium is among the top commodities to invest in for the coming years.

Among specific stocks, Piedmont Lithium (NASDAQ:PLL) is worth considering. After touching a high of $86.80, the PLL stock currently trades at $69.28. The company has a five-year sales agreement with Tesla (NASDAQ:TSLA) with the first shipment likely next year. The correction therefore provides a good accumulation opportunity.

Livent Corporation (NYSE:LTHM) is another stock to consider. The company recently signed an agreement with BMW Group to deliver both lithium hydroxide and carbonate. Volume deliveries are expected in the coming year, which will boost top-line and earnings growth. LTHM stock is attractive at current levels of $18.60.

Source: Investor Place

[winston]

not vested

Lithium – China
Tight Supply; Prefer Companies With Access To Upstream Resources

Lithium carbonate (battery grade) price remains steady at Rmb89,000/tonne in 2Q21,
while the lithium hydroxide price rally has been catching up since Apr 21.

Australia’s spodumene price is also increasing along with improving utilisation of lithium miners.

We expect spodumene concentrate supply to remain tight in 2021, as the capacity rampup is unlikely to offset the demand spike.

We prefer companies with a reliable supply of upstream materials and vertically-integrated business models. Maintain OVERWEIGHT

Source: UOBKH

https://research.uobkayhian.com/content ... bdc6676de3

[behappyalways]

新世代黃金! 電動車趨勢 各國掀搶「鋰」大戰｜方念華｜FOCUS全球新聞 20211217
https://m.youtube.com/watch?v=GTa8FCRPDpg

[winston]

Battery costs rise as lithium demand outstrips supply

In China, the biggest battery-producing country, the price was 261,500 yuan (just over US$41,060) a ton, more than five times higher than last January.

Global electric car sales are estimated to have reached 5.6 million vehicles in 2021 from 3.1 million in 2020, thanks to brisk sales in China.

Supply is forecast to jump to 636,000 metric tons of lithium carbonate equivalent in 2022, up from an estimated 497,000 in 2021 — but demand will jump even higher to 641,000 tons, from an estimated 504,000.

Source: Nikkei

https://www.freemalaysiatoday.com/categ ... -366156373

[behappyalways]

Lithium for EV Batteries Is in High Demand, but Protesters Push Back | WSJ
https://m.youtube.com/watch?v=5K_OtAXc4CQ

[winston]

Is China’s lithium quest fuelled by business or politics, and how far will it go to secure ‘white gold’?

South America’s Lithium Triangle contains more than half of the world’s reserves of the critical metal that is used in batteries, and China is looking to carve out a bigger piece of the pie

But the metal’s mining and refinery have been politicised amid rising geopolitical tensions with the West and an ongoing supply-chain crisis

by Ji Siqi

Source: SCMP

https://www.scmp.com/economy/china-econ ... e=homepage

[winston]

‘Two sessions’ 2022: China urged to ‘accelerate’ mining at major lithium deposits, including in Sichuan

Representatives of China’s lithium industry pitch their recommendations at the ‘two sessions’ policy-setting meetings in Beijing

Sichuan province has one of China’s richest and most accessible reserves of lithium, and sourcing the critical resource there would reduce the nation’s dependency on imports

by Ji Siqi

Source: SCMP

https://www.scmp.com/economy/china-econ ... or-lithium

[behappyalways]

Lithium Prices Have Nearly Doubled In 2022 Amid Insane Commodity Rally
https://www.zerohedge.com/commodities/l ... dity-rally

[winston]

The Trouble With Lithium

by Annie Lee

Demand has outstripped supply, pushing prices up almost 500% in a year.

The shortage of lithium is so acute that in China, which makes about 80% of the world’s lithium-ion batteries, the government corralled suppliers and manufacturers to demand “a rational return” to lower prices.

Current lithium spot prices could add up to $1,000 to the cost of a new vehicle.

Source: Bloomberg

https://finance.yahoo.com/news/trouble- ... 44324.html