Good News & Bad News, page-37810

The winter of our lithium discontent - bodes well for the lithium summer to come . Here's why:
WINTER
Chinese lepodite at the current lithium price is uneconomic, so a temporary aberration.
SQM under siege from a peasant uprising due to valid environmental concerns, which includes all brine miners.
Albermarle rationalizing and pulling back their operations.
Core Lithium a similar dynamic
African DSO now uneconomic and hampered by record historic floods in the Congo and war choke points through the Red Sea.
Lithium explorers and developers in survival mode with a high potential for an imminent death.
High-cost lithium producers dancing on the edge.


SUMMER
Lithium demand continues to grow by the day, given the myriad devices now requiring its use.
No viable substitute.
Global warming dictates the death of fossil fuels.
The entire world on board with the electrification of everything.
Numerous countries mandating the transition to EV's.
Lithium batteries a must have component in the growing renewable energy sector.
Oil becoming more expensive by the day.
The inevitable supply deficit due to the lithium winter.

The Summer cometh whether Winter likes it or not, so now is the season to choose/calculate your bottom buy according to your own lithium mark. But keep in mind that seasons and the snows of this lithium winter can last for months and are notoriously unpredictable and treacherous, so tread with caution when you pick the winter low - be it tomorrow or the coldest day according to your own personal thermometer.

Summer is coming - and John Snow knows it .