Iron ore oversupply happened after many new suppliers came to the market.
The growth demand for iron ore was slow down due to China urbanization is about to enter late stage.
Lithium demand is expected to increased 4-5 times in 8 years.
Lithium mining is not as simple as iron ore, especially for brine deposits.
I expect some lithium deposits would be still sitting underground, many brine explorers would be go quiet. Only top hard rock deposits to dominate lithium market in the future.
All IMO.
Running Commentary on the SP Movements., page-12227
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