"How can they predict price when the future supply is unknown."
Very true.
I haven't seen any realistic estimates of production in China.
The experts Lowry an Hooper many times said that the Chinese cannot produce substantial quantities from their lepidomite - that it is expensive, difficult to process and possibly unacceptable because of impurities. Well they were wrong because now it seems stock levels are increasing while EV sales have also been increasing. Fundamentally the Chinese are very good at getting things going very quickly and everybody underestimated them.
Does anybody know how much lithium they are producing from their lepidomite?
Spodumene Prices, page-4440
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