Stick with Brine over HR lithium
We’re sticking with our preference for brine producers over hard rock in the near-term because they don’t deserve to have underperformed to the extent they have. Nowhere is this more obvious than for the US-listed brine producers where we’re becoming more positive on their ability to roll over long-term contracts in early-2022. While the US stocks continued to underperform in November, we believe that they should start to recover as we move into next year. We continue to see signs from Q3 reporting that US-listed producers are being successful at rolling over price contracts and, if this is the case,...