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Monday, 09/17/2018 12:41:06 PM

Monday, September 17, 2018 12:41:06 PM

Post# of 188
Look towards the minerals not the vehicles for substantial stability & gains in your portfolio. Here's Why! A Must Read!!!!
Lithium prices soared to an average of $21,760 per tonne in 2017 from around $9,500 per tonne in the second half of 2015, based on Metal Bulletin's assessment of spot prices ex-works China. Yet prices have since eased amid an anticipated supply surplus while projects ramp-up and new producers enter the market. Batteries might be falling in price due to efficiency gains made in battery technology. However, battery metals are also rising as a percentage-of cost of these batteries. And, as the number of EVs dramatically increases, demand-side forces are likely to overwhelm any short-term supply-side relief