March 1, 2018

Morgan Stanley claims lithium price will plunge 45% by 2021

One of the world’s most eminent investment banks, Morgan Stanley, has thrown a potential spanner in the works of the burgeoning lithium industry.

In a research report published this week, the bank predicts the current growth of electric car sales to undershoot current expectations, thereby stoking fears that previous lithium supply shortages will become a redundancy and possibly leaving stockpiles of the metal unsold.

Written by George Tchetvertakov
Published by Small Caps