https://electrek.co/2025/04/14/global-ev-sales-march-2025/
2025 World EV sales are trekking well.
Benchmark have a 10,000 LCE tonnes oversupply for this year.
Not much, especially taking into account the number of batteries currently being produced for ESS.
Lithium at the moment is suffering a 2019 moment.
The pendulum might not swing as far as it did then but it will swing.
Then take into account that SYA is the only major producer of spod in Nth America and not subject to tarrifs and will be the major producer for a few more years to come.
Then there is the refinery this might start looking attractive to LG Energy Michigan as atm Li Carbonate from Canada will also be tarrif free.
Texas Tsla refinery certainly will need SYA spod nothing will be coming from Mexico for a long time.
(20min delay)