Lithium

[Dona Ferentes]

Good evening.
Kindly lifted from Visual Capitalist.

Visualizing 25 Years of Lithium Production, by Country

Lithium production has grown exponentially over the last few decades. Which countries produce the most lithium, and how how has this mix evolved?

www.visualcapitalist.com

 

[waterbottle]

EV sales dropping, Tesla puts Shanghai plant on oil. Lithium prices will probably follow downwards at this point...

 

[waterbottle]

Lithium getting absolutely flogged. Seemed like it was in lock-step with oil earlier in the year but now diverging.

 

[bk1]

Writing on the wall in November, take the hint.
SQM and LTHM both similar.

 

[rcw1]

Good afternoon
Nice day all round for Lithium stocks yesterday.


Happy New Year.

Kind regards
rcw1

LITHIUM Sat 31 Dec 2022 3:36 PM Sydney time

Code	Bid ($)	Offer ($)	Last ($)	Change ($)	(%)	Open ($)	High ($)	Low ($)	Volume
AKE ​	11.210​	11.340​	11.240​	0.150​	1.35​	11.240​	11.450​	11.240​	2,129,318​	​	​
CXO ​	1.025​	1.040​	1.025​	0.050​	5.13​	1.000​	1.040​	0.995​	19,130,836​	​	​
INF ​	0.115​	0.120​	0.120​	0.010​	9.09​	0.115​	0.120​	0.110​	899,880​	​	​
PLS ​	3.750​	3.770​	3.750​	0.070​	1.90​	3.730​	3.810​	3.710​	18,914,597​	​	​
GL1 ​	1.800​	1.850​	1.845​	0.160​	9.50​	1.715​	1.860​	1.715​	678,644​	​	​
SYA ​	0.190​	0.195​	0.190​	0.010​	5.56​	0.190​	0.200​	0.187​	41,211,431​	​	​
LKE ​	0.790​	0.805​	0.800​	0.045​	5.96​	0.765​	0.805​	0.755​	7,456,641​	​	​

 

[Sean K]

Good afternoon
Nice day all round for Lithium stocks yesterday.


Happy New Year.

Kind regards
rcw1

LITHIUM Sat 31 Dec 2022 3:36 PM Sydney time

Code	Bid ($)	Offer ($)	Last ($)	Change ($)	(%)	Open ($)	High ($)	Low ($)	Volume
AKE ​	11.210​	11.340​	11.240​	0.150​	1.35​	11.240​	11.450​	11.240​	2,129,318​	​	​
CXO ​	1.025​	1.040​	1.025​	0.050​	5.13​	1.000​	1.040​	0.995​	19,130,836​	​	​
INF ​	0.115​	0.120​	0.120​	0.010​	9.09​	0.115​	0.120​	0.110​	899,880​	​	​
PLS ​	3.750​	3.770​	3.750​	0.070​	1.90​	3.730​	3.810​	3.710​	18,914,597​	​	​
GL1 ​	1.800​	1.850​	1.845​	0.160​	9.50​	1.715​	1.860​	1.715​	678,644​	​	​
SYA ​	0.190​	0.195​	0.190​	0.010​	5.56​	0.190​	0.200​	0.187​	41,211,431​	​	​
LKE ​	0.790​	0.805​	0.800​	0.045​	5.96​	0.765​	0.805​	0.755​	7,456,641​	​	​

Yes, but how much off highs? I have a feeling just about all would have been smashed the past month or so due to Mr Market thinking they had 1. Run too hard, 2. Recession to dampen EV demand, and 3. China uncertainty.

 

[rcw1]

Yes, but how much off highs? I have a feeling just about all would have been smashed the past month or so due to Mr Market thinking they had 1. Run too hard, 2. Recession to dampen EV demand, and 3. China uncertainty.

Good afternoon Sean K
rcw1 trades em, quick. Not all at once, not that good ha ha ha ha, have tried unsuccessfully to do that though ha ha ha ha ha
Yes, rcw1 is well aware of the commentators about Lithium.

Here's another one written two days ago... Balanced, you judge...



Have a very nice New Years Eve.

Edit Ooops must cut and past

World’s Biggest Lithium Producer Bets On Prices Staying High Despite Supply Rush - WorldNewsEra

Albemarle, the world’s largest lithium producer, expects high prices for the key battery metal to persist for years even as they spark a rush to expand supply.

worldnewsera.com

Kind regards
rcw1

 

[Boggo]

Twenty Global Lithium Stocks to Watch in 2023

Lithium prices are soaring and interest in lithium stocks is palpable as investors position for the electric vehicle revolution. Demand for Electric Vehicles is expected to increase over the next decade with lithium entering a structural supply deficit and providing support for lithium prices...

ukinvestormagazine.co.uk

 

[Sean K]

So, UBS is long lithium and GS is short? It's almost like going to the casino and picking red or black.

 

[explod]

The Sack's are doing everything to talk it down so that they can accumulate upcoming stocks. Dodgy lot in my view

 

[martaart077]

So, UBS is long lithium and GS is short? It's almost like going to the casino and picking red or black.


View attachment 152065

What if it lands on 0 or 00.

 

[Dona Ferentes]

Because Albemarle is a significant player in Aust lithium, although US listed, perhaps it deserves its own thread?

US giant lifts lithium demand forecast by nearly 15pc​

Lithium giant Albemarle has raised its forecast for future lithium demand by more than 15 per cent and signalled it would expand its Australian mines to supply the lithium needed for the world to rapidly adopt electric vehicles.
But Mineral Resources swiftly provided a reminder on Wednesday that expanding mines in Western Australia is easier said than done, revealing that expansion of its Mt Marion lithium mine had been delayed by labour shortages and equipment delays, forcing a 17 per cent cut to this year’s export target.

Albemarle is one of the biggest players in the global lithium industry and is a part owner of two big Australian mines, Greenbushes and Wodgina, and also has a processing plant at Kemerton that turns spodumene concentrate from those mines into battery grade lithium hydroxide.
Albemarle expects those assets will be very lucrative in the decade ahead, predicting in Wednesday’s five-year strategy update that its global revenues from lithium would rise from $US4.7 billion in 2022 to as much as $US15.7 billion in 2027.

Albemarle raised its forecasts for lithium demand by about 15 per cent, suggesting the world would consume 1.8 million tonnes of the commodity (lithium carbonate equivalent) in 2025 and 3.7 million tonnes in 2030.....

........
.and a bit more detail can be found here.

Lucrative Times for Lithium Giant Albemarle – ShareCafe

Albemarle has confirmed the fabulous returns from the present boom that some of its mates in the lithium sector hinted at last week in their latest quarterly reports.

www.sharecafe.com.au

 

[Dona Ferentes]

And today's wall of worry,

Benchmark lithium carbonate prices fell for an eleventh straight day in China on Monday to an 11-month low, as short sellers raised their bets on Australian lithium stocks falling in 2023.

The latest ASIC data shows that five of the 16 most shorted stocks on the ASX are lithium hopefuls. Core Lithium, Liontown Resources, Lake Resources, Vulcan Energy and Sayona Mining all have between 6 per cent and 10 per cent of their outstanding shares shorted.

Four of the five most shorted lithium businesses are yet to reach production, as hedge funds bet the lithium boom will pass them by as more supply comes to market by 2030.

 

[Rabbithop]

Yep. Its SCARRY.

Lithium getting absolutely flogged. Seemed like it was in lock-step with oil earlier in the year but now diverging.

 

[rcw1]

…. Four of the five most shorted lithium businesses are yet to reach production, as hedge funds bet the lithium boom will pass them by as more supply comes to market by 2030.

Good evening

Hedge Funds hmmmmmmmmmmm


Ha ha ha ha ha

Have a very nice night

Kind regards
rcw1

 

[Sean K]

Not sure if it's a buying opportunity, or what the? I'm vexed.

 

[Dona Ferentes]

Not sure if it's a buying opportunity, or what the? I'm vexed.

Ditto..

 

[Sean K]

Ditto..
View attachment 153479

Crikey! Sub $20K Li in 7 years. Or, is Refinitiv shorting it with GS? Post me some of that methadone.

 

[waterbottle]

Ditto..
View attachment 153479

Interesting. So lithium carbonate price is meant to fall as demand continues to outstrip supply? Did someone redefine economics?

 

[Dona Ferentes]

Crikey! Sub $20K Li in 7 years. Or, is Refinitiv shorting it with GS? Post me some of that methadone.

Yeah, the 'thesis' is basically along the lines of the market accommodating supply....
((Hey, i don't necessarily believe it, either))

".... expect[ing] the lithium supply deficit to peak over 2024 and 2025, before easing but remaining undersupplied to 2030. Morningstar said around two-thirds of new automobile sales would be electric or hybrid in 2030 as demand for batteries was also raised by new energy grid storage developments.

"Morningstar noted lithium experts said a new greenfield project typically takes between four and six years for development and construction, before another three years to ramp up to optimal production levels.

"Other projects on the upper end of forecast completion times could take around nine years to reach production and more than 10 years to bring supply fully online via optimal production..."