GREY:NMKEF - Post by User
Post by
Jabossson Aug 12, 2016 2:52pm
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Post# 25136962
Very interesting article by Chinese lithium manufacturer
Very interesting article by Chinese lithium manufacturerLINK:
https://www.afr.com/business/mining/china-lithiumion-battery-supply-chain-hindered-by-challenges-20160808-gqnd62
Jiangxi Ganfeng Lithium is one of the biggest manufacturers and suppliers of lithium in China. It is a very interesting article because while the battery industry is expected to grow everywhere, China has very much led the way so far and there should be a lot to learn there. The articles talks about the important role of subsidies and how it is hard to predict if the future will see an undersupply or even an oversupply of lithium! What is interesting is how they mention that the ones who will come out on top regardless of the enviorment are the low cost hard hard rock manufacturers. NMX comes to mind right away. If demand and prices go up, great we all win, if demand falls and prices go down, well the big high cost guys may still be clammoring for mines like NMX to reduce their costs.