Mr. Berry believes the lithium market will likely stay tight until 2020
At the recent Vancouver Commodities Forum, Chris Berry of House Mountain Partners and the Disruptive Discoveries Journal took some time to speak with the Investing News Network about the lithium market.
INN: So you’ve recently moderated a panel discussion at the Las Vegas lithium conference. What were your takeaways from the panel?
CB: Well, I thought it was interesting because, you know, it was an interesting panel. So you had industry pundits and you had several CEOs of lithium players that were at different points of the development curve, or the development stage. And so, the takeaways are, I think, number one; that everyone is sort of universally bullish, which could be a contrarian or dangerous sign. But I think from talking to these gentlemen and also the general consensus of the conference is that the demand story is real. Whether or not we just focus on electric vehicles or energy storage, those are the real drivers of demand going forward. But I think it’s an interesting case of whether or not supply will be able to keep pace with demand. It’s a very tight market right now and I think it will probably stay tight to 2020. That’s what I was thinking going into the conference and my thinking along that line was confirmed at the conference.
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