Good morning from Germany!
I pointed out the permanent low prices and their consequences in the Allkem forum.Above all, the dirtiest spodumene, obtained from lepidolite, is the first to break in and that's almost how it happened.The fact that explorers and junior companies in the lithium sector are unlikely to make the leap to becoming producers at these prices is one part of the story, the other part is the increased financing costs, which lie on the costs like a blanket of lead.
Big profits are not to be expected here, not as long as the interest is on them.Anyone who has not kept an eye on their costs, be it a producer, explorer or junior company, will suffer and perhaps perish.What should not be forgotten is that companies rely on expensive onesHydroxide processing plants - ala Rock Tech - are now also facing problems, because it is expected that the price of hydroxide will continue to be lower than that of carbonate.
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