Lithium to outperform into weaker equity market
It was a horrific month for many global equity investors in September with the S&P Global 1200 index down 10% and many battery materials subsectors down twice that. Following the sell-off, we’re re-iterating our preference for Lithium, with a focus on Explorers. Following the sell-off we still think Graphite looks like good value and we believe that REE is due for a run in the near-term. We have pulled back from our preference for Midstream in the near-term due to the high power intensity of cathode and anode production. With rising power prices we see potential for margin erosion over...
Topics
Brine
Developers
Downstream
Explorers
Graphite
Hard rock
Lithium
Midstream
Producers
REE
