Australian (ASX) Stock Market Forum

Reply to thread

There's got to be only one way Lithium is heading as a commodity and that's north. A lot of prospects for lithium as demand grows. Hear on the news constructing new mines here in Australia...Check out Report from Fat prophets;


[URL unfurl="true"]https://www.fatprophets.com.au/wp-content/uploads/2022/06/Lithium-report.pdf?utm_medium=email&utm_campaign=EOFY%2022%20-%20lithium%20report&utm_content=EOFY%2022%20-%20lithium%20report+CID_7c1a1c5f2c009a91ec1a8548d7f8fba4&utm_source=Campaign%20Monitor&utm_term=VIEW%20REPORT[/URL]


Lithium; short-term noise long-term poise

The debate on global warming has now just about passed, with the verdict that the use

of carbon based energy sources to generate the worlds’ current and future energy needs

is causing harm. As a result, the emergence of winners and losers in the energy complex

is slowly starting to take shape, which will see the more traditional energy sources

moving away from centre stage and be replaced by new age energy sources. Right

throughout this period and beyond one thing is certain, the world will still need to

generate energy.

One commodity in lithium, has stepped into the energy complex mix in a major way

over the past six years. This early step up by lithium has been driven by the auto

industry, as it now moves away from carbon powerplants to carbonless powerplants for

mainstream production lines. The following pie charts shows the forecast impact of this

swing on the demand for lithium out to 2030:



[ATTACH=full]142663[/ATTACH]

The demands on lithium from E-transportation, primarily, reached 306,000 tonnes in

2020, with the electric vehicle (EV) sector making up just 44%, of the demand for


lithium. As Members can see from the above charts, E-transportation in just nine years is

forecast to expand to 86% of lithium demand and push traditional markets back to just

10%. In lithium tonnage terms, the forecast for 2030 stands at 2.4 million tonnes, and

equates to a compound annual growth rate of 23.6%. Under this growth scenario, by

2030 there will have to be some 39 Allkem size producers spitting out lithium.


Top