7 Lithium Stocks Ready for a Major Comeback "Crisis will turn into an opportunity for lithium stocks. That’s because supply issues are only temporary. And remember, as I noted on Jan. 21, “With some lithium mines shutting down or reducing production we could see less supply. This could help stabilize prices and
send lithium prices higher with demand.”
Two, current lithium prices are not sustainable, as noted by Albemarle (NYSE:ALB). In fact, according to the company, prices will need to rise “in order to trigger the supply investments needed to meet long-term demand growth,” as quoted by Mining.com. “Lithium suppliers around the world are reining in spending and, in some cases, production after demand for the key component in electric-vehicle batteries slowed just as new mines started up.”
Three, we have to consider that some analysts forecast that “lithium supply is expected to enter a deficit relative to demand by 2025.”
Eventually, all will contribute to higher lithium prices, just as we’ve seen with prior dips. That being said,
investors may want to start loading up on beaten-down lithium stocks. They won’t make you rich overnight, but once the lithium price boom returns,
you’ll wish you bought in. https://finance.yahoo.com/news/7-lithium-stocks-ready-major-211144089.html