Positive on lithium due to squeeze
Last month we were very excited about the Chinese stimulus and suggested that Chinese battery value chain stocks should outperform. But, after the initial flush of enthusiasm, they were somewhat of a disappointment. Although Ganfeng Lithium was up 24% in the first few days of the month, it then drifted off for the rest of the month. And it was by no means the only Chinese stock to do so. Having said that, given the takeaways from our trip, we do believe that the Chinese government will continue deploying funds to support the equity market, so we’re continuing with our...
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Brine
China
EV Makers
Hard rock
Lithium
Midstream
REE
