Lithium Related Media Articles, page-20266

from the AFR story:

A bearish forecast for lithium prices by commodities’ agency Wood Mackenzie was the catalyst for Liontown’s lending syndicate to withdraw its October offer for a $760 million loan.

Mr Ottaviano said Wood Mackenzie had predicted spodumene prices would remain about $US950 a tonne until 2029.

“That is a very, very low price,” he said. “We cannot believe how a forecast like that can support the supply that they are predicting will come on. It doesn’t make sense.

“Our view is the pricing signals they are forecasting, by definition, would mean that some of that supply just will not come on.”

Wood Mackenzie declined to share its price assumptions when approached by The Australian Financial Review.

Jarden analysts expect spodumene prices to average between $US1489 and $US1879 a tonne between now and 2030.