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Top investment bank Goldman Sachs believes that the bull market for lithium is over. The bank sees prices on a downward trajectory for the next couple of years, with a substantial correction from todayâs levels.
Moreover, it is of the view that todayâs lithium prices are a âfundamental mispricing [that] has, in turn, generated an outsized supply response well ahead of the demand trend in focus.â Consequently, the report led to a selloff in lithium stocks with massive losses ...
>>> Read more: 7 Lithium Stocks to Sell if You Believe the Boom Is Over
Moreover, it is of the view that todayâs lithium prices are a âfundamental mispricing [that] has, in turn, generated an outsized supply response well ahead of the demand trend in focus.â Consequently, the report led to a selloff in lithium stocks with massive losses ...
>>> Read more: 7 Lithium Stocks to Sell if You Believe the Boom Is Over