...undeniable fact : Chile isn't cutting back, it is expanding, source of foreign exchange
...if it is about demand Juan, where is it coming from as Chinese EV growth is starting to stall too.
...lithium hodlers once again having FOMO experience, that means it hasn't bottomed. Whether they are averaging up or averaging down, they are increasing their exposure and getting themselves more trapped in the lithium winter hibernation.
#Chile’s #lithium output to reach 285kt in 2025, copper commission says: https://mining.com/web/chiles-lithium-output-to-reach-285000t-in-2025-copper-commission-says/… A surplus of 117kt and 191kt in 2024 and 2025, respectively, would likely aggravate the current downward trend in prices. But, as I've long suggested, the Li market is about demand.
https://x.com/jczuleta/status/1826138683503788385
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