'Increasingly difficult to justify' - iLiMarkets' Daniel Jiminez on lithium producer expansion
Slowing electric vehicle sales and new tech are both contributing to lithium sector woes, said Daniel Jimenez, partner at iLiMarkets.
Last week Jimenez spoke to Kitco Mining.
iLiMarkets is a business consulting firm, specialized in the lithium industry. Jiminez worked 28 years at SQM, one of the world's biggest lithium producer. Jiminez was responsible for production and commercialization of lithium carbonate and lithium hydroxide to Asia, Europe and North America, as well as developing SQM's commercial offices.
After the lithium market was up 10x at the start of the decade, the market is now…
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