Analyst warns of “serious” lithium oversupply by 2017

By Mark Watts
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...

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