Original article by Paul Garvey
The Australian – Page: 28 : 1-Jun-16
Expectations of strong growth in demand for lithium-ion batteries has prompted a rally in the price of lithium, and in turn bolstered the share prices of lithium producers. However, there are some similarities between the lithium boom and the iron ore boom. Macquarie Group believes that the lithium boom will have run its course within about 18 months. It has "buy" recommendations on just two lithium producers, Orocobre and Neometals.
CORPORATES
OROCOBRE LIMITED – ASX ORE, NEOMETALS LIMITED – ASX NMT, MACQUARIE GROUP LIMITED – ASX MQG, GALAXY RESOURCES LIMITED – ASX GXY, GENERAL MINING CORPORATION LIMITED – ASX GMM, PILBARA MINERALS LIMITED – ASX PLS, ALTURA MINING LIMITED – ASX AJM, LATIN RESOURCES LIMITED – ASX LRS, TALISON LITHIUM LIMITED, SQM, ALBERMARLE CORPORATION, FMC LITHIUM, CITIGROUP PTY LTD, ATLAS IRON LIMITED – ASX AGO, RIO TINTO LIMITED – ASX RIO, BHP BILLITON LIMITED – ASX BHP, VALE SA, FORTESCUE METALS GROUP LIMITED – ASX FMG