Ann: Ceasing to be a substantial holder from MUFG, page-48

The oversupply narrative is flawed in many ways. Firstly these reports assume that the planned near term expansions will reach their nameplate capacity on time with no delays. (ever heard of that happening?) It assumes that current production targets will be met. (note that recent rainfall had flooded areas of the Atacama). And finally their 'so called expert market advice' speaks of lithium like its all created equal. The fact of the matter Is, there is lots of low quality product in that oversupply. The rise of lithium demand is for battery grade and in this market we won't survive without high quality product battery makers are searching for.