PILBF - Lithium: Spodumene Producers Are In Trouble

The lithium bear market marches on and things might be set to get worse. Alita Resources (formerly known as Alliance Mineral Assets) entered into a trading halt this week, and there are growing concerns that the operator of the Bald Hill Mine (which produces spodumene concentrate), located in Western Australia, could be "the first casualty".

Source: Australian Financial Review

As it pertains to lithium oversupply, at least so far in 2019, Morgan Stanley has been right on the money with their original call from February 2018.

Lithium Prices Keep Going Down

The trend

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