THIS IS NOT A COBALT FORUM. Lithium in short supply. Ablemarle admit they got it wrong: Lithium Market Cheers as Top Supplier Sees Demand Driving Higher By Laura Millan Lombrana and Jack Kaskey February 21, 2019, 3:13 PM EST Albemarle calms concerns about oversupply, weak Chinese demand Albemarle reported better-than-expected quarterly results The world’s largest producer of lithium calmed investor fears of oversupply and slower Chinese demand for the mineral used to power electric vehicles, sending shares surging across the industry. Feb 20 (Reuters) - Albemarle Corp, the world's largest lithium producer, posted a higher-than-expected quarterly profit on Wednesday and gave a bullish 2019 outlook, saying it sees nothing that could slow demand for the white metal used to make electric car batteries.
