Short selling of shares in lithium miners SQM, Albemarle, Galaxy and Orocobre has ballooned this year, reflecting a sign of growing scepticism.
Albemarle Mining News
China is home to the majority of the world's lithium processing facilities and sucks up most output of top producer Australia.
While lithium today isn’t the linchpin of Chile’s economy (that would be copper), miners are aggressively expanding production.
There is an emerging oligopoly in one of the hottest elements on the periodic table, lithium.
Albemarle has said it could invest $1 billion in Chile over the next five years if the plan was approved.
“Look at what’s required over the next 50 years, 60 years, and known lithium on the planet, I don’t think it’s as much as everyone understands it to be.”