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rdncoic

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25/04/18

18:52

Post #: 32678335
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Originally posted by rdncoic ↑

BATTERY MATERIALS CONF: 10 things we learned at the inaugural event
Here are 10 key takeaways from Metal Bulletin’s and Industrial Minerals’ first Battery Materials conference in Shanghai on April 18-19.
Bringing online new lithium supply remains a painful process:
Bringing new capacity on stream is not easy and it is still difficult to bring new lithium projects online due technical and weather-related issues, as well as lack of investment and know-how, according to William Adams, Metal Bulletin head of base metals & battery research.

It took 10 years to double global lithium supply, while demand is anticipated to double every five years in the next 10 years, SQM senior commercial vice president Daniel Jimenez added.

“Supply has historically been overestimated and the lithium industry has a poor track record of predicting demand and supply…when supply will meet demand is uncertain,” Jimenez said.

Furthermore, chemical volumes produced from lithium carbonate equivalent units exported from Australia are reaching the market in lower than expected volumes, Galaxy Resources’ managing director Anthony Tse said, anticipating a shortage of material in the years to come.

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And some pictures from a mine...............

https://boerse-social.com/2018/04/25/european_lithium_institutional_view_stefan_muller

EUR Price at posting: 18.5¢ Sentiment: Buy Disclosure: Held
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