Focus on Brine over HR lithium
We highlighted last month that we thought that it was high time that US brine producers reversed some of their underperformance against Australian producers and, indeed, the US stocks did outperform, although only slightly. But there was a big outperformance for our Brine basket over our Hard Rock basket during the month, with our Brine basket up 23% and our Hard Rock basket up 15%. In our Brine basket, the top performer was Lithium Power International (ASX:LPI; up 39% in US$) following its resource increase at Maricunga in late-September and after Chile looked to open up further lithium tendering. Takeout...
Topics
Brine
Downstream
Graphite
Hard rock
Lithium
Nickel
REE
