OTCQX:NTTHF - Post by User
Post by
tiger2201on Mar 31, 2021 8:06am
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Post# 32912400
Lithium Producer News
Lithium Producer News China's Ganfeng sees lithium rally extending as profits almost triple
https://www.miningweekly.com/article/chinas-ganfeng-sees-lithium-rally-extending-as-profits-almost-triple-2021-03-31
The postponement of lithium project expansions in South America - due to the impact of the pandemic and previous demand forecasts - will to some extent "slow down the growth of short-term lithium compound supply and create conditions for an improved pricing environment in the future," Ganfeng said.
The industry is "gradually shifting from a balanced supply and demand to a tight supply situation," it added.
tiger