You’re right. They are bad news… for you: SC auction prices increasing smoothly this year. EV demand continuously increasing YoY. Lithium supply is forecasted to grow by an unknown real amount (probably below needed demand, which was forecasted early this year to be an extra +300,000 t LCE). Remember that Zimbawean mines’ NAMEPLATE CAPACITY was of about 100,000 tonnes LCE at best but they are still ramping up and Lowry has indicated that at least one of them (owned by Yihuan???) was dealing with problems.
Yes, bad news for downrampers. New finnancial year has begun, and most media have changed their narrative. Guess why. Time for you to do the same…
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