TWNAF - Tesla Sees An Undersupply Of Lithium But Why Don't You?
SQM puts oversupply fears to rest
The SQM-CORFO deal of January, and the subsequent Morgan Stanley report that references the deal (which forecasts lithium oversupply beginning in 2019), was enough to put the lithium sector into hibernation. Since January, lithium stocks have suffered huge losses because of the fear of oversupply.
Just recently, SQM put these fears to rest. SQM Chief executive Patricio de Solminihac said "SQM had no concerns about the jump in supply based around WA's hard rock lithium deposits and his company's ramping up of brine-based production in South America." and