EV/Lithium, page-926

I will repeat it again:

We will see a sharp market correction/meltdown BEFORE we will see a notable recovery in lithium price.

When?

I expect the market correction/train wreck to be anywhere within weeks to 7 months and lithium price have a much higher probability to breaking prior lows (lithium carbonate already has, only matter of time that SC6 (Spod) does too) than a recovery.

Common sense should tell us that when the economy and market tanks, consumer hurt would rise sharply, their purchasing of everything including and especially autos would decline markedly and with that accordingly the demand for lithium batteries and lithium.

As such, don't hope for a lithium price recovery, but instead hope we truly get a soft landing for the global economy.