PLS 2.13% $3.83 pilbara minerals limited

In a recently updated Financial Times article. Morgan Stanley...

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    In a recently updated Financial Times article.


    Morgan Stanley estimates Albemarle and SQM will add an additional 200,000 tonnes a year of lithium by 2025, increasing Chile’s share of the market to a third of global supply.

    But other analysts say the two companies will not ramp up that fast. Joe Lowry, a lithium consultant, says SQM has little incentive to expand beyond an extra 50,000 tonnes required by its January agreement with the regulator Corfo.

    “Morgan Stanley’s predictions of an additional 200,000 tonnes of supply from Chile by 2025 and a steep price decline is another demonstration of the ‘big name’ analysts not understanding lithium supply, demand or the cost curve,” Mr Lowry said.

    https://www.ft.com/content/4faf029a-1ae7-11e8-aaca-4574d7dabfb6
 
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