Lithium prices will be defined by marginal cost of production and incentive prices to expand capacity. Between 2025 and 2028 demand will grow around 1 million MT LCE.Low cost producers (<= USD/KG-LCE 10) will increase but will be limited to what is feasible 500-600 kMT LCE. The balance will need to come from high cost projects who will only invest if prices are, or ar expected to be, at incentive price levels that will probably be around USD/Kg-LCE 16-20.The later we see this happening, the higher the possibility of a price boom. That China or Africa might be to produce 100 kMT LCE at a cost similar to Australia is irrelevant. What matters are the last 400 kMT LCE.
LTR Price at posting:
73.0¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)