PILBF - Time To Buy Some Lithium Miners
This article first appeared on Trend Investing on February 10, 2018; therefore all data is as of that date.
The lithium miners had a terrific run from September 2017 to early 2018, and then came the SQM announcement which started the lithium miner's crash. Many investors sold in panic wrongly thinking the market will be flooded with new SQM lithium supply, when the reality is new supply takes time, and most of the quota will most likely never be used (at least before SQM's Atacama lease expires in 2030). The reason being SQM is unlikely