Supply versus demand, page-14

Thanks @persistentone
Sorry - too much for me to do. I have tried to upload a csv but not allowed.

I see today that Morgan Stanley is coming to the same conclusion as I have re overwhelming supply.

https://www.ft.com/content/66012fe2-1ae1-11e8-aaca-4574d7dabfb6

Really the market will soon produce as much of these Li materials as the market wants - as there is such an abundance of the stuff.

	Column 1	Column 2	Column 3	Column 4	Column 5	Column 6	Column 7	Column 8	Column 9
1		NOW	2018	2019	2020	2021	not sure
2	SQM	50000		13000	25000	25000	102000		Brine
3	Albemarle	50000		20000	55000				Brine
4	FMC	46000							Brine
5	Ganfeng	30000							Hard Rock
6	Tianqi	34000							from existing hard rock
7	Other China adj	23000							Both
8	ORE	17500							Brine
9	PLS		42000				37000		Hard Rock
10	AJM		37000						Hard Rock
11	Mt Marion	64000	8000						Hard Rock
12	Mt Cattlin	22000	6000						Hard Rock
13	Mt Holland via Lake J			32000					Hard Rock
14	Whabouchi						no project	Hard Rock
15	Cauchari				25000		25000		Brine
16	Greenbushes	80000			80000		20000		High grade Hard Rock
17	ORE expansion			25000					Brine
18	Sal De Vida						25000		Brine
19	AJM stage 2						35000		Hard Rock
20	Wodgina		80000	40000					Hard Rock
21	Bald Hill - Tawana		25000						Hard Rock
22	adjustment for China	-67000
23	totals - non cum	416500	198000	130000	185000	25000	244000

	Column 1
1	note - probably some doubling up between Chinese producers + and hard rock projects
2	all projects are listed at completed target production - but most will take a long while to ramp up to there
3	all rough numbers - about 20% of hard rock Li is not recoverable
4	Much Greenbushes production assumed to be counted in China numbers - hence adjustment
5	All in Lithium Carbonate Equivalent - LCE, assumes 80% conversion from hard rock conc
6	I have found data that 20ktpa LCE is sourced from China, and 67 ktpa is from  imported sources
7	http://www.indmin.com/events/download.ashx/document/speaker/E000994/a0ID000000arDqQMAU/Presentation
8	Don't rely on these numbers - lol