RE: Few multi billion dollar companies interested in FCM29 Jan 2024 14:28
Australia’s largest pension fund plans to double its exposure to local lithium stocks over the next five years, after a price rout made producers of the key battery material more affordable.
AustralianSuper, which oversees A$300 billion ($199 billion) in pension savings, is targeting lithium in a bid to benefit from the global shift toward electric vehicles — a demand trend that’s likely to play out for more than a decade, according to sen