JP Morgan says we're going into a supply surplus due to a demand deficit ? Well global EV sales say otherwise if anything EV demand now is mimicking December 2022 when BG Li2CO3 was approaching $80,000 USD PMT . There's no "Demand Deficit" just a bunch of BS and this is without even considering the impact of the needs of Static Storage on BG Li2CO3 production.
One thing I will say is there is a noticeable decline in the demand curve for BG LiOH which tells me that LiFePO4 battery chemistry is the leading technology now and swallowing up global demand so ASN sticking with Carbonate instead of Hydroxide was the right move long term .
Anyway AIMHO DYOR GLTAH HAGWE TT
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