Banter and General Comments, page-7385

https://www.reuters.com/article/metals-lithium-ahome/column-boom-and-bust-lithium-market-needs-a-pricing-rethink-andy-home-idUSL8N23V4IE

"The current nature of lithium market pricing is actively exacerbating the problem as producers react to first the boom and now the bust in prices.

What both producers and consumers really need is a forward price curve. Not only would it inject some much-needed transparency into the market but it would allow for forward hedging, a key facilitator of bank financing in the minerals sector.

Without some external reference point for future prices, junior producers are going to struggle to persuade financiers to invest in future production.

This is of course what the LME is proposing to provide, although there is still no hard launch date for the new contract."

SP will be a hockey stick.
DYOR