The Met­als Tesla Needs

Bloomberg Businessweek (Europe) - - COMPANIES / INDUSTRIES -


Mac­quarie Re­search projects the mar­ket will un­der­shoot 2016 de­mand by about 4,500 met­ric tons be­fore a slight sur­plus in 2017.


Prices have plum­meted more than 50% in the past two years, as pro­duc­ers in­creased out­put in re­sponse to In­done­sia’s ex­port ban.


Sup­plies out­paced de­mand in 2015 by about 1,285 tons but should now fall short each year through 2020, driv­ing up prices.


Gold­man Sachs ex­pects a global sur­plus of 1.25m met­ric tons this year. Har­bor In­tel­li­gence pre­dicts a glut through 2021.

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