re: Lithium Demand

I talked about the lithium bull market the other day and why the best bet in electric vehicles might be a bet on the batteries and not on any one automaker. You can read that here in case you missed it: Lithium

Just to recap – you can’t make electric vehicles (EVs) without a lithium ion battery. Lithium is the lightest weight solid element on the Periodic Table and the lightest metal that conducts electricity. There aren’t many pure-plays to invest in but the few that exist are being discovered by the market.

Anyway, Reuters is out with a new story on what’s going on, I plucked a few eye-opening stats for you:

The production and use of electric cars is projected by Morgan Stanley analysts to rise to 2.9 percent of 99 million new vehicles in 2020 and to 9.4 percent of 102 million new vehicles in 2025, from 1.1 percent of 86.5 million this year.

By 2050, 81 percent of 132 million new auto sales will be electric, Morgan Stanley says.

and…

Consultants Roskill estimate 785,000 tonnes of lithium carbonate equivalent a year will be needed by 2025, amounting to a 26,000-tonne shortfall from anticipated supply, compared to 217,000 tonnes of demand versus 227,000 tonnes of supply this year.

Price projections out to 2025 are not available, but Benchmark estimates prices of lithium carbonate will average $13,000 a tonne over the 2017-2020 period from around $9,000 a tonne in 2015-2016.

and…

Demand for lithium hydroxide, preferred over carbonate as it allows greater battery capacity and longer life, is expected to grow at a faster pace. Benchmark predicts the price to average $18,000 a tonne between 2017-2020 against $14,000 in 2015-2016.

Josh here – I still think it’s early in terms of investors picking up on this story.

Source:

Full Disclosure: Nothing on this site should ever be considered to be advice, research or an invitation to buy or sell any securities, please see my Terms & Conditions page for a full disclaimer.

What's been said:

Discussions found on the web
  1. czat dla dorosłych commented on Jul 11

    … [Trackback]

    […] Find More here|Find More|Read More Informations here|Here you will find 72449 additional Informations|Informations on that Topic: thereformedbroker.com/2017/08/07/re-lithium-demand/ […]

  2. intimacykit commented on Jul 11

    … [Trackback]

    […] Find More on|Find More|Find More Infos here|There you can find 91653 additional Infos|Infos on that Topic: thereformedbroker.com/2017/08/07/re-lithium-demand/ […]

  3. Déménagement Internationaux commented on Jul 12

    … [Trackback]

    […] Find More on|Find More|Find More Infos here|Here you can find 75424 more Infos|Informations on that Topic: thereformedbroker.com/2017/08/07/re-lithium-demand/ […]

  4. offshore web host commented on Jul 13

    … [Trackback]

    […] Find More here|Find More|Read More Infos here|Here you can find 75206 more Infos|Infos on that Topic: thereformedbroker.com/2017/08/07/re-lithium-demand/ […]

  5. usaseopros.com commented on Jul 13

    … [Trackback]

    […] Read More on|Read More|Find More Informations here|There you can find 17913 additional Informations|Infos to that Topic: thereformedbroker.com/2017/08/07/re-lithium-demand/ […]

  6. www.msofas.co.uk/pl-PL/ commented on Jul 14

    … [Trackback]

    […] Find More here|Find More|Read More Infos here|There you will find 86074 additional Infos|Infos on that Topic: thereformedbroker.com/2017/08/07/re-lithium-demand/ […]

  7. 슈어맨 commented on Jul 16

    … [Trackback]

    […] Find More here|Find More|Read More Infos here|Here you will find 92773 additional Infos|Informations on that Topic: thereformedbroker.com/2017/08/07/re-lithium-demand/ […]

Read this next.