PLS 1.38% $3.95 pilbara minerals limited

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  1. 471 Posts.
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    Lithium price to fall, then rise...

    Excuse if I'm slow and this has already been discussed to death.

    "Goldman Sachs ... predict the annual average price of lithium will peak at about $54,000 per metric ton this year—nearly nine times higher than it was in 2020. But they believe the price will quickly drop to $11,000 per metric ton by 2024, which is (merely) double the 2020 price."

    However "The global consumption of battery metals will only keep rising, the analysts predict, and by the end of the decade demand will catch up with supply and push prices up again."

    OK if you're buy & hold, but otherwise...


 
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