Edison Lithium Corp (EDDY): New Sources Needed According to Fastm...

Reply Private New

Next 10 Prev Next

Send PM Follow Ignore

Followers	47
Posts	4318
Boards Moderated	0
Alias Born	12/16/2019

Everything-EV

Re: None

Thursday, 04/14/2022 9:24:16 AM

Thursday, April 14, 2022 9:24:16 AM

New Sources Needed

According to Fastmarkets, new projects coming online will be able to meet demand through 2025, but the next five years there could be a deficit as demand continues to skyrocket while new production levels struggle to keep up. The research firm points to Australia and the Lithium Triangle (Argentina, Chile, and Bolivia) as the most likely areas for new production. That’s where a company like Edison Lithium comes into the picture.

Such forecasts always lead to deals and consolidation as investors look to capitalize. In 2021, large mining companies closed over $9 billion worth of M&A deals for Latin American assets, and almost half of those targeted lithium. Three of the top six deals on the linked list were for Argentinian lithium assets.

$EDDY $EDDYF

“Always give your best, never get discouraged, never be petty; always remember, others may hate you, but those who hate you don't win unless you hate them, and then you destroy yourself.”

Richard Nixon