TSXV:LITH - Post Discussion
Post by
goldennorth on Feb 09, 2021 5:30pm
Sizeable Potential.
In 2021, Benchmark Mineral Intelligence is forecasting that total lithium demand for all applications will increase to over 400,000 tonnes lithium carbonate equivalent (LCE). Significant demand may even exceed these requirements. Shortages of lithium specialty chemicals are expected by the mid-2020's, "given the current pace of supply development," Vivas Kumar, a principal consultant with Benchmark Mineral Intelligence and former senior manager for Tesla's battery supply chain, said on the investment panel. (Jun. 25, 2020). Lithium will be in very high command throughout this decade. Lithium stocks are moving up and this one LITH.V will be an equitable standout.
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