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Battery Materials outperform in April

Posted on - 08 May 2020

Category - Equity markets

Battery Materials equities outperformed the wider equity markets in April but still remain at the bottom end of their 5-year ranges. Our vanadium, graphite and nickel baskets were our best performers. Out hard rock lithium and brine baskets were the worst performers which seems unwarranted, particularly as we are starting to become  more constructive on hard rock (in particular) from an asset allocation viewpoint.

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Cobalt Downstream Graphite Lithium Nickel Vanadium