Original article by Alex Gluyas
The Australian Financial Review – Page: 24 : 14-Jul-21
Matthew Hope of Credit Suisse forecasts that the strong rise in the price of lithium since February will be sustained. He says the lithium supply glut has ended, and the world faces a growing supply deficit as current and proposed lithium projects will be insufficient to meet demand. Rising demand for lithium has also boosted the share prices of Australian-listed producers; Pilbara Minerals’ shares gained 522.6 per cent in 2020-21, which was the second-best return among S&P/ASX 200 stocks.
CREDIT SUISSE (AUSTRALIA) LIMITED, PILBARA MINERALS LIMITED – ASX PLS