Largest lithium resource with lowest valuation 2, page-1462

I am surprised to hear oversupply talking for lithium at the beginning stage of the electric vehicle boom. However, whether oversupply or not, would not affect long term prospective of the Manono Project as the largest deposit will survive through the downturn time which would be still few years away, in my view.

Here’re future potential new suppliers: 607kt LCE.
Bear in mind at least 1/3 are from brine deposits, I’d be very cautious about their annual production capacity. Main product potash price would be further going down as oversupplied potash from the brine projects. Also brine deposits come up with industrial grade. Chinese BYD plans to invest A$1.6b to extract 30kt LCE in Qinghai, very expensive and need luck to get 30kt running, imo.

DYOR.