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re: Diving deeper on Standard Lithium?
Posted on 8/17/21 at 12:48 pm to Fe_Mike
Posted on 8/17/21 at 12:48 pm to Fe_Mike
Bank of America released a report on Monday with underperform ratings on Albemarle (ALB) and Livent (LTHM). BofA predicts 2022 lithium production could double what is produced in 2021 which could lead to decrease in lithium prices.
2
Posted on 8/17/21 at 12:51 pm to TigerDoug
Does that assume constant demand?
Posted on 8/17/21 at 1:07 pm to TigerDoug
quote:
BofA predicts 2022 lithium production could double what is produced in 2021 which could lead to decrease in lithium prices.
I think this is what a lot of Albemarle’s statements in their quarterly were alluding to. Mentioned it many pages ago. It seemed like they were trying to throttle supply forecasts.
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