- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Lithium expert Joe Lowry shares his insight on the market, the “oversupply myth,” Chinese prices and the positive surprises in demand seen in 2018 in this Benchmark Minerals Week interview.
Many market participants would agree that lithium oversupply fears have been a main factor impacting the space this year. In fact, and despite the positive demand narrative, share prices have not performed as expected, with many juniors taking a hit after Morgan Stanley (NYSE:MS) released a report predicting lithium prices would fall by 2021.
At this year’s Cathodes event in Newport Beach, the Investing News Network sat down with lithium expert Joe Lowry, president of Global Lithium, to discuss the lithium “oversupply myth,” what’s his take on demand and what to expect in the lithium sector next year.
Speaking about the reports published earlier this year about lithium, Lowry said the “tsunami of supply” predicted by some has not happened yet, and explained where he thinks the confusion is coming from.
He also mentioned prices as another of the big challenges in the lithium space this year.
“One small parameter [of lithium prices] is what goes on in China in the spot market,” he said, adding that this year, “the investment community fixated on Chinese lithium prices going down.”
According to Lowry, the positive surprises in 2018 have been on the demand side, as demand is still robust in Asia.
The expert also discusses where he thinks supply will come from in the next 3 to 5 years, and shares his thoughts on hard rock and brine projects.
“Existing players will continue to need expansions, developments or will need to acquire juniors or interest in juniors,” he said.
Lowry also talks about new battery technology, financing and gives his best suggestion for investors looking to jump into the lithium space.
Listen to the interview above for more insight from Lowry, who also talks about what’s ahead for the lithium podcast in season 2. You can also click here to listen to our full Cathodes interviews playlist on YouTube.
Don’t forget to follow us@INN_Resource for real-time updates!
Securities Disclosure: I, Priscila Barrera, hold no direct investment interest in any company mentioned in this article.
Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in contributed article. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.