Mississauga, ON -- (SBWIRE) -- 06/08/2015 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "Nemaska Lithium's President and CEO to Speak At Metals and Mining Conference."
Companies mentioned in this article include Nemaska Lithium Inc. (TSX-Venture:NMX) and Tesla Motors (NASDAQ:TSLA).
The growing demand for electric vehicles has boosted the outlook for lithium. Speaking to Lithium Investing News, Chris Berry, President of House Mountain Partners, said that the lithium industry is likely to see more consolidation.
Berry noted that some new supply is expected to enter the market and there remains a slight overcapacity. He added that the focus, therefore, will be on low-cost production. Berry expects the lithium market to reach an inflection point in 2017.
Berry's outlook for the industry is slightly cautious. Still there are many positive developments, the most important being growing demand for electric vehicles. According to Berry though, another important thing to watch in 2015 is the prices and demand for by-product commodities such as potash.
The full version of this article can be found at:
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