JP Morgan has in a writeup of a US company the following:
"We are modeling average prices of $16,150/tonne for lithium hydroxide from 2022-2028 and a long-term price $12,000/tonne. We think this price could be conservative, especially as slight change in EV penetration rates could have large impacts on the overall supply/demand balance in the market"
Tweet with parts of the report.
Good News & Bad News, page-649
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