Lithium on Steroids?
September 6, 2022
Boron to Surpass Lithium
Lithium spot prices have increased by over 10x in the past two years driven by demand outstripping supply. The question for lithium markets is when does supply catch up? Note that there are 100’s of new lithium projects globally in various phases of development.
You could be forgiven for suggesting boron appears likely to have a similar trajectory to lithium. But, what about new supply? There are only six new boron projects globally. Only one project is permitted.
And when you consider most demand is inelastic and only a little bit of boron is in a lot of applications, boron price increases may not stop!
5E Advanced Materials’ (Nasdaq FEAM / ASX 5EA) Fort Cady Boron Project in California is the only new source of boron globally that is permitted with initial production likely in the next six months. Incidentally 5EA shares go into the ASX300 on Friday 16 September which should be a positive for shareholders.
https://seasia-consulting.com/lithium-on-steroids
Lithium on Steroids? September 6, 2022 Boron to Surpass Lithium...
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