EDITOR: | January 16th, 2015 | 2 Comments

Berry’s 2015 forecast calls for lithium and cobalt to have a very good year

| January 16, 2015 | 2 Comments

Chris-BerryJanuary 16, 2015 — In a special InvestorIntel interview, Publisher Tracy Weslosky speaks with Chris Berry, Co-Editor of the Disruptive Discoveries Journal and Sr. Editor for InvestorIntel on how the resource market is officially at the bottom, and shares his forecasts for 2015.

Tracy Weslosky: Chris I want to start by talking to you about your forecast for 2015. If you wouldn’t mind could you talk to us about what we should anticipate as investors and the resources that maybe we should focus on?

Chris Berry: Sure. I think that the resource space in general, particularly the metals, have hit bottom. I think that 2015 is going to be a much better year than either 2014 or 2013 or 2012 were. My specific focus is what I call the energy metals so I’m paying particular attention to this year to lithium and cobalt.

Tracy Weslosky: Okay, so in reading about your forecast for 2015, and I can’t tell you how delighted I am to hear that we should be looking at an upcycle in the resource sector, can you tell us about the lithium and cobalt market because you specifically talked about those two energy metals maybe leading the pack this year?

Chris Berry: Well, lithium, to start off with that, is an oligopoly. It’s run by three or four major players. One of the reasons why I like it is because it is demand for lithium across a whole host of products. It’s not just batteries, but its pharmaceuticals, for example — it’s growing at well above global GDP growth rates. When you think about the commodity space right now, in particular the metals, what I’m focused on is on those metals that are growing well above global GDP because even if demand for, say lithium, falls a little bit, you’re still well ahead of, say, copper or something like that. Lithium in particular is growing at about 8% per year. I think it’s going to be very strong going forward on the back of the battery business.

Tracy Weslosky: Chris, if I want to invest in lithium, for instance, you said there’s primarily three to four major players. Is there a company in particular that you’re watching?

Chris Berry: Yeah, there are a couple that I’m interested in. You know, obviously I focus predominantly on the junior or the advanced development space. I’m really looking closely at a company called Lithium Americas right now. They have one of the largest brine projects in Argentina, but what makes them special and differentiates them from the pack is a relationship that they have with POSCO. For those of you watching who don’t know, POSCO is one of the largest steel producers in the world. They’ve made huge into lithium extraction in the lithium extraction business. They have a process that allows them to produce lithium from brine at a fraction of the time and a fraction of the cost traditional lithium brine methods right now. It’s very potentially interesting for Lithium Americas going forward.

Tracy Weslosky: Alright. Our audience has a very good understanding of the lithium markets so they’re going to be very excited about this particular forecast for 2015. But, cobalt, would you mind giving us a little bit of an overview about cobalt and perhaps select a cobalt company that you’re following presently?

Chris Berry: Sure. Cobalt is another one of these small I would argue misunderstood or not well understood markets. The global cobalt market is about 100,000 tons right now…to hear the rest of the interview, click here

Message from the Publisher: Chris Berry will be speaking at 9AM PST on Sunday, January 18th at the Cambridge House Show. Email us at info@InvestorIntel.com for more details.


Tracy Weslosky is the founder and CEO for InvestorIntel Corp. (2001-Present), a leading online source of investor information that since 2001 has provided public market ... <Read more about Tracy Weslosky>

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  • Gene Grossman

    I agree whole-heartedly with Chris Berry, and also think that the reason Musk chose Nevada is because of all the other states he dangled his factory keys in front of, Nevada is where the lithium is… and Musk did a great job of teasing the other states in order to ramp up the benefit-bidding war for him to finally what he wanted from Nevada, where he always intended to build his factory.
    Lithium will be the new oil, and I’ve already invested in three companies producing lithium in Nevada, because I want to be like those guys during the gold rush that instead of panning for gold, sold the shovels.
    Gene Grossman, author – http://www.LegalMystery.com

    January 17, 2015 - 8:12 PM

  • Kristian

    Many thanks Chris for all these articles about energy metals, in particular lithium. I’ve studied the sector and certain companies in-depth for the past four weeks thanks to your articles. I really like the clear outset (oligopoly, involvement Toyota, Posco, Tesla, etc.) and the fact that Orocobre sets a clear example for the rest. The industry is also more transparant than graphite or rare earths. I still have no clue how China’s policy is going to impact graphite and rare earths markets in the short term (2015-2017).

    I’m bullish on lithium and niobium for 2015. I do think 2015 will show us the winners in the graphite and rare earths space, but I’m not bullish on those particular markets in general for now. Regarding uranium I prefer to wait a bit longer to see how the spot price evolves. For cobalt I have to do more research, that market is difficult to assess.

    Many thanks and keep up the good work!

    January 18, 2015 - 2:48 AM

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