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Lithium demand forecasts too conservative

From miningmx.com

Even the most optimistic forecasts for lithium demand underestimate the metal’s future, said the Financial Times in a report this week citing the views of Tianqi Lithium CEO, Frank Ha. Tianqi Lithium is one of China’s biggest producers of the battery metal and is embroiled in a global contest for market share, the newspaper said. Ha said most projections accounted for rising electric vehicle sales but they had not fully factored in surging demand from battery-powered trucks, mining equipment and ships, as well as energy storage, AI data centres, humanoid robots and drones. “This is going to be a huge increase,” he ... (full story)

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  • Category: Fundamental Analysis