ALTAF - 2 Early Lithium Companies With Management To Succeed
The SQM oversupply scare and U.S. market correction
The recent scare of lithium oversupply has driven down the entire lithium sector. This little understood deal between SQM and CORFO put investors into a panic, and many sold their holdings in fear. On the heels of this sector selloff, the US market entered a correction, which has driven the stock prices of lithium miners even lower.
The terms of the SQM-CORFO deal are not good for SQM. It merely has allowed them to continue their production at Atacama in Chili. Lithium industry expert Gerrit Fuelling succinctly