Pure Energy Minerals Ltd (PEMIF)

[Mr. Zen]

Rio Tinto estimates that committed lithium supply and capacity expansions will contribute only about 15% to demand growth over the 2020-2050 period. (From: Rio Tinto’s presentation, Dec., 2022.)

The miner has also approached some of the biggest investment banks asking for recommendations on both lithium companies and projects.

The company estimates that committed lithium supply and capacity expansions will contribute only about 15% to demand growth over the 2020-2050 period. The remaining 85% would need to come from new projects.
Bullish