Lithium Supply & Markets Conference 2019 Round-Up

See the complete compilation of our coverage from the 2019 Lithium Supply & Markets Conference in Santiago, Chile.

This year’s Lithium Supply & Markets Conference in Santiago, Chile had plenty of presentations, panel discussions and experts willing to share their knowledge with an eager audience.

The Investing News Network (INN) kept busy at the event, which ran from June 10 to 12, engaging with companies, attending panel discussions and, of course, interviewing industry experts.

For everything you need to know on investing in the lithium space, here is INN’s full recap of the 2019 Lithium Supply & Markets Conference.

Lithium Supply & Markets 2019: Notes from the Floor

If you missed the Lithium Supply & Markets Conference, don’t worry — we’ve put together an overview of what happened at the event.

Lithium prices and the LME lithium contract

Tianqi: Lithium Demand is Solid, Prices to Stabilize

Tianqi Lithium (SZSE:002466) President Vivian Wu said lithium demand is solid and the industry is taking the time to adapt to new sustainable growth.

VIDEO — Chris Berry: The Name of the Game in Lithium Right Now

Speaking about the top theme this year, Chris Berry of House Mountain Partners pointed to concerns about pricing.

“Are we at the bottom with respect to lithium? That’s really the name of the game right now,” he said. “The generalist investors believe in the electric vehicle (EV) theme, but until they get some clarity on when pricing levels out, everyone is on the sidelines.”

VIDEO — Daniela Desormeaux: Don’t Worry About the Lithium Price Trend

Despite growing demand from the EV space, lithium prices have been struggling and investor sentiment has seen a downturn. Addressing those issues, Daniela Desormeaux of SignumBOX said she sees today’s lower prices as a rebalancing of the market.

LME One Step Closer to Launching Lithium Contract

The London Metal Exchange (LME) spent 18 months looking for a partner for what will become the first lithium futures contract. The move is expected to bring more transparency to lithium prices, which have been under pressure in the past several months.

Major Challenges in Store for LME Lithium Contract

INN talked to experts about the LME’s efforts to launch a lithium contract to bring price transparenxcy to the sector.

Lithium Producers Talk Prices, Demand and Challenges

Speaking in Chile, executives of top lithium producers SQM (NYSE:SQM), Tianqi Lithium and Albemarle (NYSE:ALB) honed in on the upcoming lithium futures contract.

VIDEO — William Adams: LME-Fastmarkets Deal Will Smooth Lithium Supply Chain

According to William Adams, head of base metals and battery research at Fastmarkets, the recent deal between Fastmarkets and the LME to provide a reference price for a new lithium contract will help smooth the flow of lithium down the supply chain.

Lithium market and investments

VIDEO — Joe Lowry: Lithium Sector Needs “Big 6” Players

Earlier this year, the lithium space saw diversified company Wesfarmers (ASX:WES,OTC Pink:WFAFF) make a AU$776 million takeover offer for Australian lithium developer Kidman Resources (ASX:KDR,OTC Pink:KDDRF), with many investors wondering if this acquisition trend will continue.

“I think we will see more of (those deals) going forward,” Joe Lowry of Global Lithium said. “I think it was great because we need another big player in the market.”

VIDEO — Andrew Miller: Lithium Industry Needs More Capital to Support Demand

Much more investment is going to be needed in the lithium sector in order for a projected surge in demand for batteries to be met, according to Andrew Miller, who is the head of price assessment at Benchmark Mineral Intelligence.

“The industry is at a point now to meet the demand growth of 2022, 2023, (but) significant amounts of capital need to start going into the market in the next six to 18 months, really, so I think that’s a real challenge for the rest of the world,” he said.

VIDEO — Jose Hofer: Lithium Demand, Conversion Capacity Challenges and South America

For Senior Analyst at Benchmark Mineral Intelligence Jose Hofer, even though the market might experience some oversupply in the short term, it will start to tighten in the next three years as it becomes harder for supply to keep up with increasing demand.

“In the next seven years, we will see demand reach at least 1 million tonnes of lithium carbonate equivalent,” he said. “That is a huge amount of material that needs to be mined, that needs to be processed and converted to chemicals in a secure and stable way.”

VIDEO — Timing to Remain Key for Lithium Producers

Alex Cheeseman of Altura Mining (ASX:AJM,OTC Pink:ALTAF) discussed sentiment in the lithium space and where his company is headed next.

“There’s such huge and growing demand over the next few years — I think it really is just a small soft period at the moment that we’ll see lift in the very near future.”

The future of lithium hydroxide and lithium carbonate

Will Lithium Hydroxide Really Overtake Lithium Carbonate?

INN spoke to lithium experts about what the future holds for lithium hydroxide versus lithium carbonate demand and prices.

VIDEO — Rodney Hooper: The So-called Death of Lithium Carbonate Was Premature

INN caught up with lithium consultant Rodney Hooper, who is also co-host of the Lithium-ion Rocks! Podcast.

“I think the death of carbonate was a bit premature; the adoption of nickelcobaltmanganese 811 cathodes was not as aggressive as expected,” he said. “The transition to hydroxide hasn’t been as quick.”

Developing lithium supply chains

Should Countries Outside of China Develop Lithium Supply Chains?

Battery metals analysts talk about countries outside of China developing vertically integrated strategies and whether it is a wise move for all.

VIDEO — Howard Klein: Rare Earths a Lesson for Lithium Supply Chains

Founder of RK Equity Howard Klein believes it is absolutely essential for North America and Europe to develop their lithium resources and nail down a supply chain outside of China to ensure the stable future of the commodity.

“Just think about what China did with rare earths — we cannot have all of lithium chemical production, or a very significant component of that, in China,” he said.

VIDEO — EVs Need European Lithium Supply Chain

Martin Steinbild, director of lithium development at Savannah Resources (LSE:SAV), said that, given Europe’s position as the world’s second largest market for EVs, it is important that a lithium supply chain be established there.

VIDEO — Europe Must Invest to Meet Lithium Supply Chain Goals

According to Vincent Ledoux-Pedailles, executive director of corporate strategy at Infinity Lithium (ASX:INF), the continent’s goal is to have a fully integrated lithium supply chain, from mining to the production of EVs.

“We’re asking Europe to be producing a large amount of lithium, and at the moment you’ve got nothing in Europe,” he said. “So there’s a long investment needed within the continent to start producing lithium chemicals as soon as possible.”

New battery technologies

VIDEO — Emily Hersh: Lithium Extraction, Battery Tech and Supply Chains

The year hasn’t started off well for lithium, but Emily Hersh, managing partner at DCDB Group, still sees potential in the industry — at least for those who do their homework.

“If a lithium extraction technology can’t talk meaningfully to the energy availability and costs — the availability of this tech to work under different temperature settings and different pressure settings — we’re not going to see it commercialized for a long time. It’s the reality,” she said.

VIDEO — Chloe Holzinger: EV Battery Technologies, Price Spikes and Adoption

Lux Research Senior Research Associate Chloe Holzinger shared her thoughts and insight on what to expect in the battery space.

“Solid-state batteries are still very much in the research phase,” she said. “I think one of the key areas of improvement moving forward is going to be on the development of metallic lithium anodes.”

VIDEO — Nickel and Cobalt are Going in Different Directions

In this interview, Ken Hoffman, basic materials expert at McKinsey, talks about the future for lithium-ion batteries and raw materials such as cobalt and nickel.

“One of the trends we’ve seen in the past year has been the collapse of lithium and cobalt prices,” he said. “However, we’ve seen phenomenal demand for the product.”

Don’t forget to follow us at @INN_Resource for real-time news 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.

Salinas Lithium Project Expanded, And Drilling Set To Commence In February

Latin Resources Limited (ASX: LRS) ("Latin" or "the Company") is pleased to provide an update of recent and ongoing activities at the Company's Salinas Lithium Project in Brazil ("Salinas" or the "Project"), where the Company has defined multiple drill targets and submitted drill permits to commence drilling. The Company has also secured two new highly prospective tenements to grow its footprint at the project area (Figure 1) with known outcropping high-grade lithium spodumene bearing pegmatites.

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Arcadia Dual Lists On The Frankfurt Stock Exchange

Arcadia Minerals Ltd (ASX:AM7, DAX:8OH) (Arcadia), the diversified exploration company targeting a suite of projects aimed at Lithium, Tantalum, Nickel, Copper and Gold in Namibia, is pleased to announce that it has listed on the Frankfurt Stock Exchange under ticker code DAX:8OH.

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Drone Magnetic Survey Commences At Blackwood Lithium Prospect

Lithium Power International Limited (ASX: LPI) ("LPI" or the "Company") is pleased to provide an update on the exploration activities the Company is currently undertaking in Western Australia, in particular, immediately adjacent to the Greenbushes lithium mine owned by Talison Lithium, comprised of ownership by Albemarle Corp, Tianqi Lithium and IGO Limited.

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text saying "top stories this week"

Catch up and get informed with this week's content highlights from Charlotte McLeod, our editorial director.

Top Stories This Week: Powell Gets Fed Nomination, Using Gold in a Market Correction

We're back after a break last week with quite a bit to cover in the gold space.

After running up past the US$1,860 per ounce mark midway through November, the yellow metal has taken a tumble. At the time of this writing on Friday (November 26) afternoon, it was sitting just under US$1,790.

Gold's losses this week have been attributed to elements like a stronger US dollar and better Treasury yields, although Jerome Powell's US Federal Reserve chair renomination has pulled other factors into play — some market watchers believe he may move to taper and raise interest rates faster than anticipated.

If the Fed follows its previously laid out timeline for tapering, it will wrap up in mid-2022; the central bank has said it won't raise rates until after that. It has also emphasized that its roadmap may change if necessary.

Looking at the larger picture for gold, I heard recently from Nick Barisheff of BMG Group, who believes the stock market is due for a major correction.

"The market is due for a major correction. What will cause it and when it will happen is anybody's guess — it could be tomorrow, it could be six months from now" — Nick Barisheff, BMG Group

It's impossible to know when this correction will happen, but Nick emphasized the importance of acting before it's too late. He pointed out that investors are typically slow to get out of the market once a crash actually begins — they wait for a turnaround, and by the time it's clear there won't be one, they've experienced big losses.

In his opinion, the solution is to get out of the stock market early and transfer money into gold.

Here's how Nick explained it:

"Instead of taking your money off the table and going into cash … you go to gold (because cash is devaluing daily). Gold will at least hold its own and probably appreciate … so by sitting it out in gold you can wait until the market finishes correcting and then buy back in" — Nick Barisheff, BMG Group

With gold's future in mind, we asked our Twitter followers this week what price they think the metal will be at the end of 2021. By the time the poll closed, most respondents had voted for the US$1,800 to US$1,900 range.

We'll be asking another question on Twitter next week, so make sure to follow us @INN_Resource or follow me @Charlotte_McL to share your thoughts.

Finally, in the cannabis space, INN's Bryan Mc Govern spoke with Dan Ahrens of AdvisorShares to get his thoughts on 2021 trends and what's ahead in 2022.

Dan was candid, and said if he had to choose one word to describe the cannabis market in 2021, it would be "painful." Like many others, he's been disappointed in the industry's performance — while positivity initially ran high due to excitement about potential federal changes in the US, ultimately progress has been slow.

"Cannabis started with a big run-up in January and February ... and things dragged from there" — Dan Ahrens, AdvisorShares

Still, Dan has hope for 2022 and said it will be a "huge year" for cannabis. He believes US reforms will come sooner rather than later, and in his opinion those widely anticipated changes will bring a wave of M&A activity.

Specifically, he expects to see alcohol, tobacco and other consumer packaged goods companies making deals with cannabis players, not just cannabis entities doing transactions with each other.

"Those big alcohol companies, tobacco companies, other consumer packaged goods product companies — they're waiting. They're waiting on the US" — Dan Ahrens, AdvisorShares

Want more YouTube content? Check out our YouTube playlist At Home With INN, which features interviews with experts in the resource space. If there's someone you'd like to see us interview, please send an email to

And don't forget to follow us @INN_Resource for real-time updates!

Securities Disclosure: I, Charlotte McLeod, 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 the interviews it conducts. 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.

cannabis plant layered with German flag graphic
Dmytro Tyshchenko / Shutterstock

Catch up on some of the biggest news of the week for the cannabis investment world.

Three political parties have formed a coalition in Germany, leading to a new government, and it has promised cannabis reform in the European nation.

Meanwhile, a popular cannabis retailer confirmed consumers will now find its products available for delivery on the Uber Eats mobile application in Ontario.

Keep reading to find out more cannabis highlights from the past five days.

Coalition of parties promises forward-looking cannabis policy

Germany, a country with comprehensive and elaborate medicinal rules for cannabis, is in a time of transition as a new government is set to begin to take over after 16 years of Angela Merkel.

Olaf Scholz, the proposed next chancellor of Germany, leads a three party coalition that will become the country's governing body. As part of its promises, talk of adult-use cannabis regulation has now gained even more momentum. A report from MJBizDaily quotes a German policy document that shows the coalition's stance:

"We are introducing the controlled distribution of cannabis to adults for consumption purposes in licensed shops. This controls the quality, prevents the transfer of contaminated substances and guarantees the protection of minors."

However, despite the promise and excitement, it remains to be seen how these ideas will be applied since no formal regulations have been drafted or approved yet.

Canadian cannabis retailer partners with popular delivery app

Tokyo Smoke, a cannabis retail operator in Canada owned by Canopy Growth (NASDAQ:CGC,TSX:WEED), announced a collaboration agreement with Uber Canada (NYSE:UBER) whereby cannabis consumers will be able to use the Uber Eats app to order products before they visit stores.

While the app won't let consumers get cannabis delivered to them, this new method opens the doors to more dynamic ways of buying cannabis.

"As a market leader in innovation and a platform used by so many Canadians, we believe this is the ideal next offering that can be done safely and conveniently on the Uber Eats app," Mark Hillard, vice president of operations with Tokyo Smoke, said in a press release.

A report from the Canadian Press indicates Ontario is considering allowing dispensaries to have delivery and pickup options made available to consumers permanently. The province allowed some of these purchasing options at the outset of the COVID-19 pandemic, but then removed them.

Lola Kassim, general manager of Uber Eats Canada, said this new end-to-end experience will provide consumers with responsible access to legal cannabis products.

Cannabis company news

  • Organigram Holdings (NASDAQ:OGI,TSX:OGI) issued financial results for its Q4 2021 period. In its report, the company notes a net loss of C$26 million despite a 22 percent uptick in net revenue to C$24.9 million. Beena Goldenberg, the newly appointed CEO of the firm, is encouraged by the market share position earned by the company, which said it became the fourth biggest producer in Canada during the reporting period.
  • Halo Collective (NEO:HALO,OTCQB:HCANF) confirmed the decision for Akanda, its spinoff company focused on international cannabis opportunities, to begin trading on a US exchange. "The number of shares to be offered and the price range for the proposed offering have not yet been determined," the company told investors in a press release.
  • High Tide (NASDAQ:HITI,TSXV:HITI) announced the acquisition of 80 percent of NuLeaf Naturals, a CBD product wellness developer, for an estimated US$31.24 million. The deal includes a three year option clause for High Tide to complete a total acquisition. "As international markets open up and as export regulations evolve, NuLeaf's cGMP-certified facility positions us to take advantage of the global CBD business opportunity," Raj Grover, president and CEO of High Tide, said.
  • Humble & Fume (CSE:HMBL,OTC Pink:HUMBF) released the financial report for its first 2022 fiscal quarter to shareholders and the market. "As the legal cannabis market in North America continues to mature, Humble remains agile and focused on providing a leading solution for brands to scale quickly and retailers to focus on their customers," Joel Toguri, CEO of Humble, said.

Don't forget to follow us @INN_Cannabis for real-time updates!

Securities Disclosure: I, Bryan Mc Govern, hold no direct investment interest in any company mentioned in this article.


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