Report
Seth Goldstein
EUR 100.00 For Business Accounts Only

SQM Should Benefit From Low-Cost Lithium Carbonate Capacity Expansions as EV Adoption Increases

Lithium stocks have fallen out of favor in 2018 due to fears that new supply from Australia and South America will weigh on prices and limit profitability. We contend an oversupplied lithium market will be short-lived, and maintain a bullish long-term outlook. Our long-term lithium price forecast of $12,000 per metric ton sits well above the market's price-implied expectations. Due to our above-consensus electric vehicle outlook, we forecast 19% annual demand growth for lithium over the next dec...
Underlying
Sociedad Quimica y Minera de Chile S.A. Series B ADS

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Seth Goldstein

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