We saw 80% price fall and we will probably see same thing upwards again as we saw in 2022.All analysts disagree, too much short term supply can now be switched on......
uneducated bandit players who ship even the raw rock from Zimbabwe and Afghanistan due to very high profits occurred in 2022, which are all out now,
Havent heard about Afghanistan, thats new, Africa can certainly bulk ship DSO etc
many small miners popped up in China's lepidolite mining regions which started production without making any concern about feasibility and waste management. Majority of them also out now too.
They are not out, if prices rise much more they'll be back, priced dropped in the last week
Isn't there large size resource in Africa which the Chinese companies can develop? Yes there are many re Iron ore.
Yes and they are being developed, building the infrastructure now, in any case LIT more similar to alumina - how well is that going?????
the owners and managements of other small and mid size lithium companies in China are all uneducated and greedy people
Are you serious????
What an uneducated comment that is
Because Greenbushes has a limited high grade ore it will run out around 2032 at latest.
That is complete rubbish!!!!
They have 171mt Reserve at 1.9% Lithia....
They have 347mt Resource at 1.5% Lithia....
According to them that lasts over 20 years even with expanded production....
Their Resource is still open .... can be expanded on....
That's why Greenbushes cut the production but not for anything else.
Again complete rubbish.....
Where do you make this stuff up from?????
IGO/Tianqi started stock piling because they could buy cheaper on spot market than contract price....
PLS's cost is more than 5 times of Greenbushes's cost
PLS is higher cost, no where near 5x....
Greenbushes C1 $262/t, PLS $639/t. = 2.4X
PLS mid cost producer....
LTR will be high cost producer.....
maybe same 2.4x PLS = $1533/t
I believe the lithium price crash was done by the big players at the big end of downstream players; they are BYD, CATL and even Tesla.
More conspiracy theories......
Analysts including Benchmark & Fast Markets disagree with you....
But what do they know?????
Anatol occasionally you have some good points.....
Your getting very desperate now......
This is pure rubbish....
I expect over a 100 likes from the Kool-Aid mob though....
(20min delay)