If spod is $1,000/T and most mines are not economical at that price, then even with less aggressive EV growth, Li supply again begins to fall short of demand, and prices move back up.
Goldman Sachs like to manipulate the Li price down as much as the Chinese do, and every time they do they inevitably back the truck up. Can see it in their net buying position every time.
Ann: Another Significant Spodumene Discovery at Salinas, page-92
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