Lithium outlook 2020: All eyes on EV sales. “I think you should look for the top-tier assets, find those management teams that have experience in the space, both from a financial and technical side. “Prices in our lithium chemical index are down on average 12 percent, but demand is up 18 percent. “The question you want to ask yourself is not so much if we are at the bottom, but how long do we stay here?”For the expert, prices will remain at this level until the excess spodumene that is flooding the market right now gets mopped up — he estimates that will take at least a year.Lithium expert Lowry said prices at these levels are unsustainable.“Whether we are at the absolute bottom or whether that comes in Q1, what I believe is that once we get to a bottom, it will stay there on the low end of the pricing until the excess inventory of spodumene and low-quality material are worked through,” he said.He believes prices will start to rise in the next nine to 15 months, with a potential Similarly, Benchmark Mineral Intelligence Head of Price Assessment Speaking about demand, Miller said he expects to see continued growth for lithium, with significant increases coming in 2021 to 2022. © 2018 - Fri Jul 31 11:00:41 UTC 2020 PwC. For lithium-focused investors, watching EV sales is a must to see where and how the lithium market might move next. All rights reserved. That is what has brought the price down.”Prices performed as CRU Group expected in 2019 — the firm had been forecasting a price crash in 2019 since as early as late 2017, Heppel said.Looking ahead, most experts agree that lithium prices are close to the bottom.“I think we are at the bottom, or certainly close,” Berry said. If you want more than 20 investor kits, you need to make multiple requests. This page is for information purposes only and you should consult your professional adviser if you have any questions or are uncertain as to your rights or obligations.On July 9, 2020, following the filing of an Application by the Debtors, the Superior Court of Quebec issued an Order extending the Stay Period until September 4, 2020. “Most analysts are forecasting a bounce back in global auto sales, but this may not materialize if economic uncertainty continues to linger.”As the new year begins, and given the current market conditions, many market participants are wondering how to approach this season.“Whether we are in a bull or bear market, I don’t think your investment philosophy should change,” Berry said. As 2020 begins, experts share their thoughts on the lithium outlook and which key factors to watch this year.Despite having a tough couple of years, with prices declining at a rapid pace, experts agree that lithium seems to have a bright future ahead.Here the Investing News Network looks at lithium’s 2019 price performance, what analysts had to say about the market and what’s ahead for the metal in 2020.As many expected, China remained a main driver of the “Everyone is still focused on China and the fact that EV sales are slowing down,” Chris Berry of House Mountain Partners Speaking about 2019, Benchmark Mineral Intelligence Managing Director “The price is down. The Superior Court of Québec granted the petition and issued an Initial Order pursuant to the CCAA on December 23, 2019. On average, they expect Nemaska Lithium's stock price to reach C$0.15 in the next year. “I think that if you are confident in your ability to analyze future winners, now is the time to put money in — if you believe in the theme, why would you wait?”We have limited the number of investor kits you can request to 20.Please remember that by requesting an investor kit, you are giving permission for those companies to contact you using whatever contact information you provide. “Those partnerships are the make or break of any (company that) wants to supply the EV lithium-ion battery supply chain.”Commenting on how to approach this season, Lowry said this is the time to put money in lithium stocks.“There’s probably not going to be a good opportunity to get high-quality lithium assets as cheap as it is right now,” he said.

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