Banter and general comments, page-25075

People need to understand what is falling from its highs.
Lithium Carbonate is down 50%+ from highs which is primarily derived from brine and is not as sought after by the new generation lithium batteries.
Lithium Hydroxide is down 40%+ from highs which is primarily derived from Spodumene and is the chemical of choice for the new generation lithium batteries.
Interestingly contract spodumene is down 25% while the Chinese markets are seasonally slower during February/March but trusted commentators believe things are about to speed up.
People should not base their investment decisions on the spot market which is driven by companies that have run their inventories low and don't have a supply agreement. The average contract price over the last 12 months was between $4500-$5800 per ton.
If our company can supply our clients with 15000 ton per month of 6% spodumene then it is a cash printing machine, even if the contract price settles at $4000 per ton US. DYOR, GLTAH, IMHO.