Analyst warns of “serious” lithium oversupply by 2017
Published: Monday, 24 January 2011
TRU Group forecasts mine closure in bearish outlook on global project start ups
The lithium industry could reach serious peak
oversupply by 2017 as capacity added by new development
projects outpaces demand, according to a US consultancy.
CEO of TRU Group, Edward Anderson, said he expected global
lithium demand to grow annually by an average of 8% to 2020,
but warned that demand...