https://s t o c k h ead.com.au/resources/its-happy-days-ahead-for-lithium-for-at-least-three-or-four-years/?amp
It’s happy days ahead for lithium… for at least ‘three or four years’
For starters, lithium companies made up more than 14% of *’s top 40 resource winners in June.
And just a year ago, desperate Australian spodumene producers were accepting sub-$US400/t prices for their products. Lithium spodumene now goes for as much as US$750/t.
Now Chinese lithium major Ganfeng is flagging prices could rise to 2018 levels of more than US$1,000/t.
A large part of this boost in lithium’s fortunes can be attributed to the increasing electrification of the world’s energy mix as well as the increasing uptake of electric vehicles.
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