Lithium abundance

Lithium abundance
  • Pininvest Analysis

Is a widely available commodity a good investment ?  The short answer is … maybe…

Availability of lithium

According to the US Geological Survey, based on 2016 estimates, the world’s very large reserves (14 million metric tons) are located in the Atacama Desert, the so-called ‘lithium triangle shared by Chile (7.5 million metric tons), Argentina (2 million metric tons) and Bolivia; further reserves are found in China (3.5 million tons) and Australia (1.6 million metric tons).

Known resources are higher still, estimated at 40 million metric tons globally

Demand for lithium

The run-up in price from $2 000 per ton in 2000 to $10/12 000 per ton at the end of 2017 peaked in March 2018 at $23 750 per ton in China according to prices tracked monthly by Benchmark Mineral Intelligence (BMI)

Driven by an expected break-through in electrical vehicles powered by Li-ion batteries, the market assumed a fast uptake of the new technology, bottlenecks in additional extraction capacity and absence of better battery technology in the foreseeable future

As we suggested early April on this site, supply proves to be abundant, launch of EVs hits roadblocks and prices have approx. halved to $13 000 

 

Lithium abundance • Updated:

Name Ticker Exchange Sector Industry Currency Cur.Price Mkt.Cap Perf. Vol. Risk Contrib. MDD
 
Albemarle Corp. ALB NYSE Industrial Goods Chemicals - Specialties USD 66.80 7.1 B -28.1% 31%   4% -39%
Critical Elements CRECF OTC Basic Materials Specialty Mining and Processing USD 0.34 - -48.6% 67%   5% -59%
Galaxy Resources GALXF OTC Basic Materials Specialty Mining and Processing USD 1.11 - -50.9% 53%   6% -62%
International Lithium ILHMF OTC Basic Materials Specialty Mining and Processing USD 0.04 - -27.5% 176%   35% -79%
Lithium Americas LAC NYSE Basic Materials Specialty Mining and Processing USD 3.92 348 M -29.2% 64%   10% -52%
Mineral Resources MALRY OTC Basic Materials Specialty Mining and Processing USD 10.27 - -26.2% 43%   5% -32%
Nemaska Lithium I NMKEF OTC Basic Materials Specialty Mining and Processing USD 0.24 - -69.0% 80%   4% -76%
Neo Lithium NTTHF OTC Basic Materials Specialty Mining and Processing USD 0.59 - -54.3% 78%   6% -67%
Orocobre OROCF OTC Basic Materials Specialty Mining and Processing USD 2.34 - -45.8% 56%   7% -55%
Pilbara Minerals PILBF OTC Basic Materials Specialty Mining and Processing USD 0.52 - -20.9% 72%   11% -56%
Sayona Mining DMNXF OTC Basic Materials Specialty Mining and Processing USD 0.01 - -71.9% 176%   8% -80%