Major Suppliers Have Bottomed - Uptrend In Place - Smart
Money Says Buy
Summary
The apparent peak in major Lithium stocks is only a
misguided pause.
The Lithium equation imbalance is shifting upward as growing
global demand screams for more supply.
So much so, that many users are jumping in with investment
dollars to stimulate and foster growth.
Meanwhile, battery production continues to ramp-up as world
demand for hybrid and electric cars, energy storage systems
and high drain portable electronics continues to grow.
And finally, when most needed, a recent exciting second
generation technology promises to simplify and speed
up Lithium extraction from 24 days to 24 hours.
The Peak
Major Lithium producers' stock values peaked earlier this year after
a robust growth spurt beginning in 2016. Currently, major players,
Albemarle (ALB),
Sociedad Quimica y Minera de Chille (SQM)
and FMC Corp. (FMC)
are off their earlier highs and in consolidation. That process
continues to be affected by an ever changing perceived balance in
the equation between current and future global supplies of Lithium
weighed against the growing demand for Lithium-ion batteries.