Some banks and research houses, however, are less optimistic about the prospect for lithium prices, with analysts at Goldman Sachs pointing to technological advances that could yield more supply within a couple of years. That was in a note issued in June and saw a brief sell off in the prices of lithium mining and exploration companies. But the impact didn’t last and the points raised by Goldman Sachs has been undermined by experts at Benchmark Mineral Intelligence and other analysts who point out there will be no technological breakthrough of the type claimed by Goldman Sachs because Chinese lithium ores are low grade and expensive to convert as a result.
Goldman Sachs not such the experts!
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