Saturday, March 25, 2017 4:25:59 AM
Lithium Suppliers Struggle To Meet Surging Demand
".....It should come as no surprise, then, that lithium demand is being driven, as it were, by BEVs, sales of which are expected to rise from 0.3 million in 2015 to 11 million by 2025, according to Morningstar. And by 2040, BEV sales could hit 41 million, representing 35 percent of all new automobile sales, according to Bloomberg New Energy Finance.
“We expect sales of electric and hybrid vehicles to push lithium demand growth 16 percent annually over the next decade, faster than almost any major commodity over the past century, from about 175,000 metric tons in 2015 to about 775,000 by 2025,” writes Morningstar analyst David Wang.........."
https://www.forbes.com/sites/greatspeculations/2017/03/24/lithium-suppliers-struggle-to-meet-surging-demand/#3b9a041f26c9
Mean while:
Investors have been setting at the table for PEMIF with plates in front of them, yet nothing is being placed on them?
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=129705612
"peace"
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