……..Based on its revised bullish electric vehicle (EV) demand outlook, Macquariesees the lithium market moving to deficit in 2022 with material shortages emerging from 2025. Macquarie expects lithiumprices to trade at incentive levels and the broker has upgraded its lithium price forecasts by 30-100% for 2021-2025.”
It’s all about the enormous demand sitting on the horizon and slowly approaching the world , nothing will stop it ,Macquarie called it “perpetual deficit “
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